Forex Opinion & Analysis

On Friday, the GBP rose 0.23% against the USD and closed at 1.6645, as UK’s fourth-quarter GDP revised data came in-line with market estimates. UK GDP rose 2.7% (YoY) in the fourth-quarter,...

On Friday, the EUR rose 0.07% against the USD and closed at 1.3751 after Euro zone consumer confidence registered its strongest monthly jump in nearly five years in March while the economic sentiment...

The AUD is close to finishing its most bullish month in 6 months, and whilst my bearish outlook remains in place, there's room for further upside. Bullish volume in the AUD/USD has continued to...

Prices appears stable this morning, staying mostly around the trading range seen during Friday's US session. There was a small pop during opening hours but prices quickly pushed lower after tagging...

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 speculators sharply reduced...

Dollar resistances broke in the Continental Europeans but not by too much. It has left me a tiny bit puzzled in determining whether we have seen a total Dollar reversal or not. Certainly it appears to...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.3756. We are looking for a continued correction to the 1.3650 ish area and then a bounce back to the 1.4000. The average...

GBP/USD: 1.6637 Short-Term Trend: weak uptrend Outlook: The GBP made a low at 1.6465 on Monday and rallied strongly toward the 1.6650 Fibo level at the end of last week. My long idea from a week ago...

Euro Forecast: NeutralThe euro’s vulnerability was on full display this week. Shifting fundamental momentum sees the euro losing key support to the Australian and US Dollars. The European...

EUR/USD 1.3642 and 1.3820/60 are ‘tradable’ AUD/USD reaction levels are slightly higher USD/CAD breakout fails; but 1.0985 is support EUR/USD EUR/USD failure to hold above the line that...

There have been four notable price action developments in the foreign exchange market: The euro has pulled back from the attempt seen earlier this month on the $1.40 level. Sterling has recouped...

5 Reasons Why Currencies Could Explode Next Week Will EURO Sell-off Ahead of ECB? GBP: Ends Week With 5 Straight Days of Gains Big Week Ahead of the Australian Dollar NZD: Hits Fresh 2.5-Year Highs...

EUR/USDEuro expanded its consolidation channel downwards and reached target of this correction at level of 1.3730. We think, today price may form reversal structure and start growing up towards level...

EUR/USDAfter starting the week above the 1.3800 handle, the pair was served with weakness towards the latter half of the week as expectations for ECB action next week weighed on the EUR. The dovish...