Forex Opinion & Analysis

EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.0909 (6 pips from last week at this time) and ranging. Watch for a small move to the top of the range and then a sell off...

Another week of heavy risk off sentiment, while oil looks to be heading lower still. CAD has been punished hard, GBP not far behind. JPY and EUR benefiting for now.Oil, Stocks, China … the...

The EUR/USD has found strong buyers in the 1.0800 zone and is well confined within the borders of a Bullish flag on H4 time frame. The situation with this pair is really interesting as we have a...

We have been sharing the above chart with our members for the past few months. The chart looks at the Japanese yen over the past 35 years. In 2007, the yen took off and stocks around the world...

Currently we are at 0.6874 working a downside channel. We are looking to continue to the 0.786 Fibo at 0.6806 with an overall target near 0.6719. The average daily true range (ATR) for the pair...

AUD/CAD - one week of correction and return to uptrendBulls strikes back on AUD/CAD. New year started with falls after almost vertical upward movement which lasted in November and December last year....

The Australian dollar has posted sharp losses on Friday, as AUD/USD trades at 0.6880 in the European session. On the release front, Australian Home Loans posted a strong gain of 1.8%, but this strong...

EUR/USD continues to tread quietly this week, as the pair trades at the 1.09 line in Friday’s European session. On the release front, Eurozone Trade Balance improved to EUR 22.7 billion, beating...

GBP/USD: With the pair continuing to target further weakness, GBP/USD broader bias remains lower. Support lies at the 1.4300 level where a break will turn attention to the 1.4250 level. Further down,...

As the cable continues to fall, reaching levels not seen since 2010, speculation is mounting that the UK is facing a currency crisis that could rival that of the Thatcher era.The pound’s...

Yesterday the pair did not show any significant change and closed near its opening levels. During the day, the pair was trading in a narrow range between the psychologically important level of 1.0000...

The dollar edged higher against the other major currencies on Thursday, helped by data showing that U.S. jobless claims rose unexpectedly last week and as concerns over the ongoing oil rout...

GBP/JPY Daily OutlookDaily Pivots: (S1) 169.14; (P) 169.82; (R1) 170.82; Intraday bias in GBP/JPY remains on the downside for next long term fibonacci level at 165.67. On the upside, above 173.35...

Market BriefOnce again, crude oil remained the main driver in overnight trading and drove both equity indices and commodity currencies lower. Crude oil has had a roller coaster ride throughout the...