Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the EUR declined 0.07% against the USD and closed at 1.1049, after Germany’s seasonally adjusted trade surplus fell more-than-expected to a level of €21.0...

US Core CPI is expected to rise to around the 0.2%, and with last week’s NFP showing that the labor market is back in trend, the CPI release could either provide another confirmation or drive...

UK BOE Interest Rate Decision will be the main focus as BOE officially addresses the world after Brexit. Any decision or policy changes announced today will be crucial for the sterling, and likewise...

Employment Change release today will move the AUD and considering RBA’s current stance, I would not expect any long-term effects from today’s release. Of course, we’ll only trade if...

Bank of Canada (BOC) today is expected to keep interest rates unchanged as there are very little expectations for any surprises today, however considering recent decline in crude and the potential...

Non-Farm Payroll- Just What the Doctor OrderedA market-friendly NFP is just what the Dr. (Yellen) ordered, and the economy delivered. While the US equity market response is encouraging, it is...

Back on deck to start the week with a clear mind… and nose!Non Farm Payrolls Friday night was the highlight of a packed last few days which have actually been full of talking points. Between...

GBP/USD INTRADAY CHART BIAS: My preference is for losses, although the 1.3055-65 area is still a vague possibility first Resistance: 1.2951 1.2969-82 1.3017 1.3047Support: 1.2924 1.2905 1.2879...

The surprise Brexit referendum results sent the British pound weaker. Just two weeks after the UK voted to part ways with the EU, the pound sterling has set quite a few records, most notably, becoming...

EUR/USD: With a reversal of its previous week’s gains seen the past week, more decline is envisaged. Support lies at the 1.1000 level. Further down, support comes in at the 1.0950 level where a...

Weekly Large Trader COT Report: Currencies US dollar net speculator positions increased to +$4.18 billion The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity...

Welcome to my "Ranking, Rating and Score" article for the coming week, the article "Strength and Comparison" has also been published.We will be looking this week at the Top 15 because otherwise the...

Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published.For analyzing the best pairs to trade looking from a longer term...

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.1052 in an extremely narrow range. A couple of different scenarios: 1: bullish: a move to the 0.214 Fibo at 1.1330 area and...