Forex Opinion & Analysis

The Australian dollar has enjoyed a solid surge higher reaching a new eight month high above 0.95 in the middle of last week, only to return most of its gains in very quick time to finish out the...

The USD/CAD remains in downtrend from 1.0960, the rise from 1.0619 is likely consolidation of the downtrend. Resistance is at 1.0700, as long as this level holds, the downtrend could be expected to...

Investors learned last week that the US created 1.38 mln net new jobs in H1, the most for a six-month period since 2006. They learned that US vehicle sales in June also reached an 8-year high. For its...

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.3589 after a breakout down of the corrective wave. We are looking for continuation to the heart line of the current trend...

The USD/JPY pair had a positive week, jumping from the 101.20 support area to 102.20. The US dollar soared versus the yen on the back of better-than-expected US employment figures on Thursday. Note...

British pound had another positive week even despite the overbought market conditions. At the beginning of the week the cable broke above the $1.7060 resistance area and hit a fresh 6-year high of...

GBPJPY – Heavy Impulsive Buying – Takes Out Yearly Highs For 64 out of the last 88 hours, the GBPJPY has been bought up, showing steady, consistent and impulsive buying for almost 3+ days...

Article summary: The Dollar fell to fresh yearly lows but quickly bounced. Why might it continue higher, and which are the currency pairs to watch?The dollar tumbled to fresh yearly lows through...

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

JAPAN The Bank of Japan and Abe got a boost from the US Jobs report. The US economic recovery gaining traction will help weaken the JPY and makes the inflation target goals easier to achieve. That...

Leaving aside the World Cup defeat, last week was good for the US. Auto sales and US jobs data were stronger than expected. These provided a nice sedative for some anxiety over the steep contraction...

Last night was a doozy when it came to big data and market movements, it’s rare to get such massive market movements in such a short time frame. A quick recap shows us some interesting numbers...

Market fails to push the EUR meaningfully lower BIS believes market is undershooting rate expectations Central Banks will have an impact next week. European Markets ended Friday in a mild risk-off...

GBP/USD  upside threat to 1.7255, then key 1.7335A dip and a bounce Thursday, holding above modest support flagged at 1.7095 to maintain upside pressures from the recent extension to hit our Fibo...