Forex Opinion & Analysis

The December Rate hike probability is set near 100%, and the UST 10’s are nearing 2 .38 %. The USD bulls have shown little fear by taking the greenback into the weekend trading at, or near,...

Key Points: Euro likely to remain bearish in the week ahead. Watch for the US Markit Flash Manufacturing PMI. Selling pressure likely to remain in place whilst FOMC meeting looms. The euro continued...

Back in the first week of November we had EUR/USD in focus with this to say as the monthly approached a major trend line support level: Price just isn’t going to crack and say goodbye to a level...

The dollar strength has been pretty relentless since the U.S. election. It should start the week reaching new highs but a correction is due. This could provide a lull in the proceedings, so best wait...

INTRADAY CHART BIAS: While 110.65-75 supports we should see gains towards 111.20-24 and later 111.35 Resistance: 111.17-24 111.35 111.52 111.88Support: 110.65-75 110.41-50 110.10-15 109.75-79 MAIN...

The rally of the US dollar has been impressive during last week 14th-18th November 2016. The dollar showed strength and significant revaluation against major currencies. The EUR/USD pair closed on...

Germany's DAX Index is forming a 4 month-long rectangle chart pattern. Rectangles are classified as continuation chart patterns. Breakouts are usually in the direction of the previous trend. Since the...

The Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: USD(5X) followed by the NZD(3x). The weaker currencies are the EUR(3X)...

Fedspeak points to a rise in interest rates next monthFed fund futures are signalling a 95 percent probability of a rate hike when the Federal Open Market Committee (FOMC) meets on December 14. A...

US dollar net speculator positions leveled at $20.87 billion last weekThe latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on...

Short week: Thanksgiving is Thursday in the USA EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.0845at the bottom of the day chart trend. A couple of different scenarios:...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. November is shaping up to be the best month for the U.S. dollar in 2 years. The greenback is up over 5% against the Japanese...

The above weekly chart of dollar index shows the consolidation breakout and heading towards the north direction to the levels of 102.20 followed by 108.80 and the fundamental shows that optimism over...