Forex Opinion & Analysis

Weekly Large Trader COT Report: Currencies US dollar net speculator positions slipped last week to +$6.88 billion The latest data for the weekly Commitment of Traders (COT) report, released by the...

Key Fundamental Forex Events for the Week of March 7th through March 11th The following table lists the key economic data and other events that came out during the week of March 7th through March...

It has been an interesting week in the forex market. The most violent price movements were in the euro pairs, following the ECB’s policy statement, but GBP/USD received its share of volatility...

The last 3 months currency classification from a longer-term perspective updated on February 28, 2016 are provided here for reference purposes:Strong: USD / JPY / NZD. The preferred range is from 6 to...

When looking at the Top 10 in the Weekly Ranking and Rating list we can see that for the coming week the following stronger currencies are well represented for going long: AUD(4X) followed by the...

The Commitment of Traders reporting period ending March 8 showed little position adjusting ahead of the ECB meeting two days later. A little more than 3/4 of the gross positions we track saw less than...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. With the exception of euro, the improvement in risk appetite drove all of the major currencies higher Friday. European stocks...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.1158 in a large range. We are looking for a finishing move to the range top at 1.1377 then reversal and an overall target of...

New York Forex Report: Following the violent reaction yesterday in response to the ECB’s announced measures, or more specifically Draghi’s comments in the subsequent press conference...

Expectations were high for the European Central Bank’s announcement: rate cuts and increased quantitative easing (QE),and the ECB delivered as expected.The initial result were unmistakably...

Cable has entered into an interesting trading zone on Friday, which could give a strong indication of what we can expect from the pair in the coming weeks.The area between 1.4350 and 1.44 and been a...

Despite the large drop from the NZD after a surprise decrease in interest rates, the NZD/USD has regained a large majority of those losses today as the USD opens weak.The NZD/USD has been trading...

Daily FX wrap: USD hit late in the day after some early gains against the EUR. Cable rips through 1.4300 again with commodity currencies post fresh highs also.After a relatively quiet session where we...

EUR/AUDCurrently we are 1.4796 at a strong support. If support is broken we are looking to continue to the double bottom at 1.4601 and maybe to the 1.4500. The average daily true range (ATR) for the...