Currencies and Forex Analysis & Opinion

EUR/USD Intraday: continuation of the rebound.Pivot: 1.1625 Our preference: long positions above 1.1625 with targets at 1.1690 & 1.1720 in extension. Alternative scenario: below 1.1625 look for...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar ended the day higher against all of the major currencies despite a relatively subdued reaction to the Federal...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.On Wednesday we have the Federal Reserve’s second-to-last monetary policy announcement of the year and while no changes...

GBP/USD Intraday: the bias remains bullish.Pivot: 1.3165 Our preference: long positions above 1.3165 with targets at 1.3235 & 1.3280 in extension. Alternative scenario: below 1.3165 look for...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It was a great week to be long U.S. dollars. The greenback traded higher against all of the major currencies. The Australian...

After seven consolidation sessions where gold was fluctuating between 80+ and the 70s area, gold has finally given a clear sign of deeper dips and washes than the Oct. 6 daily bullish grabber candle,...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Between Fed-chair talk and the European Central Bank’s monetary policy announcement, it was an incredibly lively day in...

EUR/USD has been actively bullish since yesterday rallying from 1.1753 low recording 1.1817 high. Today, the pair extended yesterday's action and pushed higher at 1.1836, with expectations for more...

GBP/USD extends the downtrend momentum for eighth consecutive session after peeking to 1.3227 high yesterday. The pair failed to press forward and hold gains, taking a dip to a 1.3113 low, and closed...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar traded higher against all of the major currencies Tuesday as the 10-year Treasury yield rose above 2.4%. ...

GBP/USD Intraday: under pressure.Pivot: 1.3230 Our preference: short positions below 1.3230 with targets at 1.3155 & 1.3125 in extension. Alternative scenario: above 1.3230 look for further upside...

After a rough week, the Canadian dollar is almost unchanged in the Monday session. Currently, USD/CAD is trading at 1.2634, up 0.04% on the day. On the release front, it’s a quiet start to the...

GBP/USD Intraday: the bias remains bullish.Pivot: 1.3145 Our preference: long positions above 1.3145 with targets at 1.3225 & 1.3260 in extension. Alternative scenario: below 1.3145 look for...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar ended the week sharply higher after previous uncertainties never manifested. President Trump has yet to select...