Forex Opinion & Analysis

I am undecided by Friday’s events. They weren’t exactly as I had envisioned and the structure that developed raises some question marks. Just eyeballing EUR/USD and USD/CHF, one could...

Australia 200 For Monday, June 16, 2014Over the last couple of weeks, the Australia 200 Index has fallen back and broken back down through the key 5500 level towards a four week low around...

AUD/USDAfter spending a couple of weeks at the end of May trading near and finding support at 0.9220, the Australian dollar has enjoyed a solid surge over the last couple of weeks which has...

The EUR/USD might continue to be the focus for the next week, but as you will see in this video - it won't be in just the EUR/USD pair. The markets in general are a bit messy at the moment, but there...

According to experts of the Forex market, investors have shifted their attention to safe-haven assets in the environment that contributed to the growth of the Japanese yen, after the World Bank has...

Focus is clearly on the pound rally triggered by the BoE Governor Carney’s speech at London’s Mansion House yesterday evening. Given the rising house prices and enlarging mortgage debt,...

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.3539 after a breakout down. Looking for another push down to the S6 at1.3387. Be prepared for the corrective move back north...

The GBP/USD broke sharply to the upside yesterday, during the US trading hours, which clearly has a personality of a wave three within a five wave move. As such, we see pair going higher now, back to...

The loonie was able to print fresh highs this week ($1.0842), mostly supported by the uptick in commodity prices, specifically crude on supply concerns from any geo-political fallout in the Middle...

GBP/USD (daily chart) surged rapidly on Thursday, with some initial continued momentum on Friday, to hit a high closely approaching early May’s four-year high of 1.6995. This quick spike broke...

Rate divergence is the key to unlocking the forex's twin problems of lack of volatility and volume. Investor's interest in FX trading has waned ever since Central Banks started pursuing a "lower for...

GBP/USD touching $1.7000GBP/USD had a successful week, surging from the $1.6740 support on Wednesday to the levels slightly below the major $1.7000 resistance on Friday.On Wednesday UK released strong...

Comments by Bank of England Governor Mark Carney yesterday sent the market into a Pound buying frenzy. As usually happens with large impulsive movements, we often see a pull back. In this case, the...

EUR/USDThe euro continues forming ascending impulse towards level of 1.3576. After reaching it, price may start new descending movement towards level of 1.3544 and form another ascending structure to...