Forex Opinion & Analysis

Talking Points: USD/CAD Technical Strategy: Flat Support: 1.2524, 1.2448, 1.2372 Resistance: 1.2618, 1.2770, 1.2922 The US dollar continues to consolidate above the 1.25 figure against its...

USD/CHF INTRADAY CHART BIAS: While 0.9362-77 supports, we should see gains resume MAIN ANALYSIS: Strength has been seen to 0.9503 and has corrected lower. The reaction on open was limited, and...

AUD/USD – Monday, July 6th, 2015The Australian dollar hasn’t had its best week, falling sharply from above the key 0.77 level to a new six year low below 0.75. The AUD/USD is presently...

The DecaPip Weekly is currently published on Sunday evening. With the Greece referendum vote being held on the same day, the opening prices in the early Asian open may vary greatly and may not reflect...

Greferendum:“OXI!”Greece has spoken and firmly rejected the austerity package offered by its European creditors.As we spoke about in this morning’s Asian Session Morning blog, it is...

The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the...

Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed...

AUD/USD Market Scenario 1: Long positions above 0.7595 with target @ 0.7625. Market Scenario 2: Short positions below 0.7595 with target @ 0.7558. Comment: The pair dropped sharply below support...

By looking at a daily chart we clearly see that the pair is going in a down trend since May 2014, and since last April, the pair have been consolidate between the ranges 1.1 to 1.4.The price in recent...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting @ 1.1107 and waiting for direction in a sideways move. The triangle suggests a downside move to the 0.786 Fibo @ 1.0951 with a...

WEEKLY FX OUTLOOK – The ongoing Greek saga continues to weigh on EUR sentiment, with all eyes on this weekend’s Greek referendum and the potential aftermathFocus this week has remained on...

Increased downside risksLet us consider the GBP/USD pair on the daily timeframe. On June 3rd, the Bank of England decided to keep the interest rate unchanged at 0.5%, and to leave the monetary...