Forex Opinion & Analysis

After a three week retracement, we have a potential opportunity for a GBP/CHF sell on the weekly timeframe, thanks to the formation of a "ringed high". Using the bearish pin bar reversal as a our sell...

EUR/USD: With EUR/USD closing higher the past week, further recovery is envisaged. However, it faces its key over head resistance located at 1.1464 level. Support lies at the 1.1400 level. Further...

Key Fundamental Forex Events for the Week of April 22nd through April 29th The following table lists the key economic data and other events that came out during the week of April 22nd through April...

USD/JPY fell below this year’s lows in the 107.60 area, which used to provide support for the prices. Bearish engulfing candle is being formed on the weekly chart, so the pair is vulnerable for...

Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published.For analyzing the best pairs to trade looking from a longer term...

Welcome to my "Ranking, Rating and Score" article for the coming week, the article "Strength and Comparison" has also been published.When looking at the Top 10 in the Weekly Ranking and Rating list,...

Weekly Large Trader COT Report: CurrenciesWeekly Large Trader COT Report: Currencies US dollar net speculator positions fell last week to -$4.19 billion The latest data for the weekly Commitment of...

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.1222 in a range. As long as USDX is shorting we are looking for a continuation move up to the 1.270 Fibo at 1.1641 and then a...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It was a hard week/month for the U.S. dollar, which traded lower against nearly all of the major currencies. Investors...

Notice that the US Dollar Index and the CRBC (commodities) are on the verge of enter "accelerating convergence" after spending the past two years at varying degrees of divergence.Which means that...

Weekly FX Wrap: Another USD sell off as the Fed refuse to relent on their cautious tone. Oil still pushing higher to keep the CAD bid, but AUD now pressured after inflation surprise. USD the overall...

The coming week will be a busy one for PMI data as China and the UK will see the first and only PMI releases for April, while for the Eurozone and the US, the final readings are due. Also in focus...

Traders chasing the Euro's bounce should be listening to the message of the market rather than bullish headlines that marginalize the consequences of Greek or any other EU member default.According to...

The dollar pared losses against the other major currencies on Thursday, after the release of mixed U.S. economic reports, although the Federal Reserve’s most recent policy decision to leave...