Forex Opinion & Analysis

The USD/JPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, as long as the trend line support holds, the fall from 105.70 could be treated as consolidation of...

Judging by the action on Friday, I believe that the euro still has plenty of bearish pressure facing it, as even with a less than stellar jobs number out of the United States, the Euro simply could...

Key Fundamental Forex Events for the Week of September 1st through September 5th The following table lists the key economic data and other events that came out during the week of September 1st...

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 increased US...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.2951. We are looking for a short correction the finish the wave to 1.2822 with an overall target of the bottom at 1.2773....

Kathy Lien is the Managing Director of FX Strategy for BK Asset Management. Will Payrolls Kill the Dollar Rally? Euro Dead-Cat Bounce CAD: Comfortably Above 1.08 After Softer Data AUD: Supported by...

Currently we the NZD/JPY is at 87.35. IF we break the rectangle we are looking for a continuation to the R3 resistance area at 87.79 with an overall target at 88.00. The average daily true range (ATR)...

No real change here: the aussie has tried to break higher after forming an a-b-c correction of the v.short-term up-trend, visible on the 4-hour chart. It has attempted to break above the 50-day MA and...

Euro stabilizes post Draghi smash Market awaits NFPs Nikkei -.05% Europe -.07% Oil $94/bbl Gold $1264/oz. Europe and AsiaAUD AIG Construction 55 vs. 52.6 EUR GE IP 1.9% vs. 0.5% EUR GDP 0.0% North...

GROWTHACES.COM Trading Positions: AUD/USD: long at 0.9305, target 0.9470, stop-loss 0.9230 USD/CAD: long at 1.0850, target 1.1000, stop-loss 1.0810 USD/JPY: Japan's leading indicator suggests...

The US dollar registered some sharp gains, as economic data released out of the United States, supported the case in favor of a recovering US economy and tighter monetary policy, in contrast to other...

The European Central Bank (ECB) came, delivered, and made a difference this week. Investors and dealers were positioned for further disappointment from eurozone policymakers, but what “Super Mario”...

Cable has fallen to new lows at 1.6286 before bouncing back. It is currently consolidating just above support and resistance from old lows at 1.6208. The short-term down-trend is very much bearish and...

USD/CAD breakout challenges A dip and a bounce Thursday, through modest support at 1.0856, but rebounding from 1.0811 to maintain the broader range theme, defined by 1.1000/05 and 1.0811. No strong...