Forex Opinion & Analysis

On Friday, the USD rose 0.12% against the CHF and closed at 0.8920.In the Asian session, at GMT0300, the pair is trading at 0.8923, with the USD trading marginally higher from Friday’s close.The...

On Friday, the USD weakened 0.63% against the JPY and closed at 103.24, hurt by the latest batch of downbeat jobs data from the US economy.In the Asian session, at GMT0300, the pair is trading at...

On Friday, GBP fell 0.12% against the USD and closed at 1.6578, after the UK, mortgage lender, Halifax reported that house prices fell 1.1% (MoM) in March, their biggest fall in nearly two years,...

On Friday, EUR declined 0.15% against the USD and closed at 1.3702. However, earlier during the day, the US Dollar came under pressure after data showed that US non-farm payrolls rose by a seasonally...

EUR/USD 1.3750 is now resistance NZD/USD outside week reversal USD/CAD into support EUR/USD The EUR/USD failure to hold above the line that extends off of the 2008 and 2011 highs...

USD/CAD: 1.10 provided reliable support leading up to Friday's employment figures, with 4 daily lows coming close to breaking this level. It was not until the jobs data was released that the level...

Friday provided a guarded response to the Non Farm Payrolls, so I didn’t get the degree of strength in the dollar that I had expected but it will come. The initial risk is for a pullback lower...

Fundamental Forecast for Dollar: NeutralThough the S&P 500 and yen crosses retreated Friday, it too early to call a full-fledge risk aversion move NFPs keep the market’s time frame for the...

The dollar's technical tone has improved against the complex of European currencies, but it remains soft against the dollar-bloc. There are a few macro-fundamental developments, like Draghi's hint...

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.3703. We are looking for a continued move to the 1.3636 ish area (Day chart bottom) and then a bounce back to the 1.3700. The...

Fundamental Forecast for Australian Dollar: NeutralAustralian Dollar May Rise if the Jobs Report Surprises vs Forecasts Hawkish March FOMC Minutes May Undermine Aussie Upside Push Monetary policy...

This Great Graphic is the monthly bar chart for the euro. Constructed on Bloomberg, it shows that the euro has been turned back from a monthly trend line drawn off the 2008 record high and the 2011...

EUR/USDFrom the offset this week, the main focus of market participants was placed upon the eagerly awaited ECB rate decision. Monday saw the release of the crucial CPI Estimate from the Eurozone,...

EUR/USDEuro is moving according to alternative scenario. We think, today price may reach level of 1.3685. Later, in our opinion, instrument may return to level of 1.3815 (the first ascending...