Forex Opinion & Analysis

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...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting @ 1.0850 and have not been here since 2003. We should see a correction from NFP and then continued move southward toward the...

The initial take is that Friday’s report provides further evidence that the U.S jobs market remains strong. There are some parts of the report that could restrain overall investor optimism. The...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management Dollar Soars, Jobs Data Smashes Expectations EUR/USD: Reality Sets In CAD: Hit by Weaker Canadian Data AUD: Construction Sector...

The jobs report came out this morning, and I am surrounded by a sea of deliciously red digits. The euro, shown below, continues to get utterly obliterated (cough cough Slope+ readers cough cough) and...

Overview Two events have taken centre stage this week with the ECB press conference combining with a substantially better than expected non-farm payroll report (295K vs. Exp. 235K, Prev. 257K, Rev....

After breaking below 1.10 to set a new eleven year low at 1.0987 on Thursday evening, the euro is officially flirting with entering the next leg lower on its path to potential parity against the USD....

The aussie has been consolidating in a sideways phase since making new lows on February 3. Eventually the pair is expected to break down out of the range and continue lower in line with the dominant...

Cable has broken out of a rising wedge formation and resumed its dominant down-trend. It is now established in the new trend, running lower at a rapid pace, and expected to continue in this fashion. ...

The EUR/USD pair has resumed its dominant down-trend and continued lower towards the next support shelf at the S2 monthly pivot at 1.0941. It is moving lower, quite rapidly, and I would expect it to...

EUR/USDCurrent level - 1.0982 Yesterday's intraday spike tested precisely 1.1120 resistance zone and the downtrend has been renewed, heading towards 1.0900 area. Initial intraday resistance comes at...

Daily Briefing speechCurrencies EUR/USD: The pair is trading below its downward trend line on a 30 minute time frame. The next resistance is at 1.1191 and the support is at 1.0852. USD/JPY: The pair...

An interesting morning for traders so far, with the London session well under way, and what is perhaps revealing is the continued rise in the US dollar intra-day, with no evidence of a pause ahead of...

Yesterday the Bank of England (BoE) announced it would hold its key interest rate at a historic low of 0.5%, and keep the size of its quantitative easing asset-purchasing program at £375...