Forex Opinion & Analysis

Australia 200 for Monday, September 15, 2014For the last couple of weeks the Australia 200 Index has declined from its multi-year high after running into resistance around 5650 back to...

AUD/USD for Monday, September 15, 2014The Australian dollar has seen its sharpest fall in over 12 months as it fell strongly every day last week from near 0.94 down to a six month low at 0.90 to start...

The greenback is doing great these days. In the past three months, the USD has risen against all other G10 currencies, with increases ranging from 2.08%, 4.56% and 4.87% against the loonie, the euro...

EURUSD remains in downtrend from 1.3411, the rise from 1.2859 is likely consolidation of the downtrend. Near term resistance is at 1.2987, as long as this level holds, the downtrend could be expected...

EUR/JPY is signaling a bullish continuation scenario after last week's sharp rally from around 136. The daily chart shows a market that has formed a price bottom as price moved above 138.00.Also note...

The Scottish Independence Referendum vote is this Thursday. This is without a doubt one of the biggest events of the week, as many traders out there are preparing for Armageddon. However, I have a...

EURUSD What ProAct Forex Target Traders See: We are currently sitting at 1.32949. We are looking for a correction to the 0.500 Fibo at 1.3019 and then a breakdown to the support at 1.2859. The average...

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 forex speculators pulled back on...

There was no hiding place for the Australian dollar last week, which came under relentless and remorseless pressure, with the December futures contract closing with yet another wide spread down candle...

This coming week may very well be one of the most important weeks of the year. There are a number of events that individually and collectively have the potential to spur significant moves across the...

As Eonia again turned negative at minus 0.016, Euribor 1 and 2 week funds negative at minus 0.021,and minus 0.020 and German yields negative between 1- 3 year, the current ECB dilemma resembles the...

Kathy Lien, Managing Director of FX Strategy for BK Asset Management. 5 Reasons Why FX is the Market to Watch Next Week EUR/USD: Poised for a Rebound Brace for Big Moves in Sterling AUD Drops to...

AUD/USD The pair was a key focus for FX markets after falling around 200 pips throughout the week to reach its lowest level since March. The pair started the week on the back foot after Chinese...

EUR/NZD: Currently we are at 1.5827. We are in a nice channel and looking for a continuation to the Day chart top area at 1.5864. The average daily true range (ATR) for the pair currently is 91...