Forex Opinion & Analysis

Because this is the first quarterly release for the first quarter of 2016, we are likely to see plenty of market reaction especially considering Wednesday’s FOMC rate decision. In the event we...

UK Prelim GDP is the most important of three GDP releases since it’s the most likely to surprise. With the sterling pretty much driven by Brexit polls, a surprise in GDP could definitely change...

RBNZ Interest Rate decision today is expected to leave rates unchanged at the current level. With commodity prices recovering, RBNZ is definitely having a bit more room to drag on before having to...

US FOMC Interest Rate decision today is the main focus of the week, but with most Fed officials and the market in general expecting no action today, any deviation from that expectation will cause a...

The Forex Week Ahead: April 25th – 29thTue: USD – Durable Goods, Consumer Confidence, Services and Composite PMIs, NZD – Trade Balance, CAD – BOC’s Poloz speaks in New...

USD/CADBottom Line: The weekly and monthly price is approaching significant resistance on both the weekly and monthly continuation log charts. Monthly Chart (A) Price is moving up into the 26P EMA....

The Bank of Japan (BOJ) will make a monetary policies assessment this week. Sources said last week that the negative data and the sever earthquake would influence the policies makers’option that...

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.1222 in a range. As long as USD Index is correcting, we are looking for a continuation move down to the 0.500 Fibo at 1.1104...

EUR/USD: With EUR/USD closing lower the past week, further weakness is envisaged in the new week. Support lies at the 1.1150 level. Further down, support comes in at the 1.1100 level where a violation...

The British pound, building cause as capital migrates to the relative safety of the United States (US dollar) from economic, political, and social uncertainty stemming from controversial policies...

This article provides the Currency Classification for the coming weeks based on my analysis for the 8 major currencies. This is based on the technical analysis charts using the MACD and Ichimoku...

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: Currencies US dollar net speculator positions declined last week to -$1.85 billion The latest data for the weekly Commitment of Traders (COT) report, released by the...