Forex Opinion & Analysis

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.1401 and potentially still in a large range. We are looking for a continuation move OUT to the Day chart top (which indicates...

The UK inflation in February remained unchanged at 0.3%. The services and manufacturing PMIs rose in March, but manufacturing and industrial production are forecast to come in lower for February. Will...

Looking ahead to the coming week, data out of China dominates the economic calendar, with key indicators such as GDP and trade. US and UK inflation will also be watched closely, but policy meetings by...

The euro is trading at 1.1368 at the moment. The low has traded at 1.1349 while the high has traded at 1.1394. The euro remains range bound, with European economic data released earlier having little...

In the first quarter, there was some speculation that currency pegs either in the Middle East or Hong Kong were going to give way. We argued that the pegs would in fact hold, and hold they have. In...

USD/CHF Open 0.9560 High 0.9583 Low 0.9520 Close 0.9551On Thursday USD/CHF increased with 60 pips. The European currency appreciated from 0.9520 to 0.9581 yesterday, matching the positive money flow...

New York Forex Report: Markets muted without any tier one data catalysts, likely range trading persists as we head into the weekend. Notable loser on the session is Cable dented by data...

Key quotes from the BNPP FX report EUR/USD Real rates are key We have long argued that, with a number of major central banks reaching a lower bound for nominal policy rates, real rates should become...

USD/JPY has bounced back to the 108.85/80 level as I write. If we continue higher, look for first resistance at 109.10/14. Being so oversold, it may be risky to try shorts here, but if you do then use...

GBP/USD first support at mid-March lows at 1.4055/50 of course. Again, if we continue lower look for 1.4030, then this week's low at 1.4004. There, only minor support below at 1.3985/80, and further...

EUR/USD first support at 1.1365/60 again today, but below here could test trend line support at 1.1325/20. However, if we continue lower, the the last line of defence for bulls today is likely to be...

EUR/GBP has 3-week trend line support at 8077/72 today, but below here targets support at 8050/45. If we continue lower look for a buying opportunity at 8010/05. Bulls are clearly in control, and...

Market Drivers April 08, 2016 USD/JPY recovers 109.00 retaken Cable see a sharp spike higher Nikkei 0.46% Dax 0.59% Oil $38/bbl Gold $1238/oz. Europe and AsiaEUR Current Account 20.0B vs. 16.5BGBP UK...

USD/JPY posted slight gains on Friday, as the pair is trading at 108.70 in the European session. On the release front, Japan’s current account surplus widened to JPY 1.73 trillion, beating...