Forex Opinion & Analysis

EUR/USDThe euro rose against the dollar on Friday, coming off earlier lows after data showed that U.S. inflation expectations fell in an otherwise upbeat report on consumer confidence. EUR/USD was up...

On Friday, the AUD strengthened 0.48% against the USD to close at 0.8754.LME Copper prices declined 0.90% or $60.5/MT to $6695.0/MT. Aluminium prices declined 2.15% or $44.5/MT to $2020.5/MT.In the...

On Friday, the USD declined 0.79% against the CAD to close at 1.1283.On the macro front, Canada’s manufacturing shipments climbed 2.1% on a monthly basis in September, compared to a revised drop...

On Friday, the USD declined 0.48% against the CHF and closed at 0.9591.In the Asian session, at GMT0400, the pair is trading at 0.9569, with the USD trading 0.23% lower from Friday’s close.Over...

On Friday, the USD strengthened 0.42% against the JPY and closed at 116.27, following upbeat economic releases from the US.In the Asian session, at GMT0400, the pair is trading at 115.85, with the USD...

On Friday, GBP fell 0.17% against the USD and closed at 1.5680, after the UK’s construction output rose 1.8% on a monthly basis in September, lower than market expected increase of 4.0% and...

The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators slightly...

In this article I will provide my view on the EUR/GBP, AUD/USD and the EUR/NZD. These are the pairs that I am currently interested in or was interested in last week for trading with...

Key Events This Week: November 16th – 21th:Monday: USD US Industrial Production Tuesday: GBP Consumer Price Index EUR ZEW Survey USD US TIC flows Wednesday: JPY BOJ Meeting USD FOMC Meeting...

INTRADAY CHART BIAS: While 0.9598-15 caps we should see losses to 0.9535-50Resistance: 0.9598 0.9612 0.9620-25 0.9635Support: 0.9585 0.9567 0.9550 0.9535MAIN ANALYSIS: While the lower of the...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting @ 1.2577 in a 5th wave. We are looking to finish this wave @ 1.2236-58 (1.270 Fibo and S6 of this wave). Watch for the turn here....

EUR/USDWe have a lot of US macroeconomic releases this week, including industrial production (Monday), CPI (Thursday), housing data and probably the most important for forex traders - the FOMC minutes...

In this article I will provide my view on the EUR/GBP, AUD/USD and the EUR/NZD. These are the pairs that I am currently interested in or was interested in last week for trading with...

Bullish USD sentiment stabilized at $45bn this week; with minimal week‐over‐week changes. All currencies are held net short against the USD; however the only positions of significant...