Forex Opinion & Analysis

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...

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 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...

Gold: Having the commodity closed lower the past week, further bearishness is envisaged. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00...

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...

In the Currency Strength table, the USD was the strongest currency and the EUR the weakest. The AUD is in a dip with a score of 2 and the CAD on a high with a score of 6. The JPY lost a lot of...

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)...

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...

After hitting its highest point in 11 months on Tuesday, the dollar index flattened out. At the same time, the euro dropped to nearly a 1-year low Banks remain cautious Political pressures are cited...

USD/JPY still eyeing 111.00+ as mid curve yields press higher. Sweeping gains for the USD this week, as the post Trump victory reaction from the financial market has been some way off what was...