Forex Opinion & Analysis

EUR/JPY Demand Near Support Failed Trade The background was weak – one should only look for short trades Prices had just broken a support. This is important because near a support, there will...

In the coming period only the article "Ranking & Rating List" will be published. At the moment the process for generating the articles is being optimized and streamlined. The expectation is to...

The China currency debate in financial markets is rather interesting right now with many market ramifications. A rapid depreciation in the Chinese currency could lead to an Asian currency market...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.1145 and starting a 3rd wave. Short term of course you can see a potential move down to the 1.1019 but looking to continue...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. It's been a brutal week to be long U.S. dollars but Friday’s nonfarm payrolls report gave investors a glimmer of hope...

GBP/USD declines after U.S. nonfarm payrolls readingAfter macroeconomic reading of U.S. nonfarm payrolls, dollar strengthened. EUR/USD and GBP/USD declined, but a more interesting situation can be...

On the larger time frame of NZD/USD, we see price trading in a correction in black wave IV. Fourth waves might drag in time and make things complicated, as price moves slow and choppy. We are probably...

It will be a relatively quiet week for the economic calendar in the next 7 days as many Asian markets will be closed for the Lunar New Year, including China. The Eurozone will see a number of key data...

It’s the first Friday of a new month and that means only one thing – it’s nonfarm payrolls (NFP). All eyes will be front and center when January’s U.S monthly jobs report is...

GBP/USD: Having failed to sustain its intra day gains to close flat on Thursday and followed through lower during early Friday trading, further bearishness is envisaged. Support lies at the 1.4500...

The past couple of weeks’ events and price action have yielded some interesting insights with respect to the major currencies of the dollar, the yen and the euro. This relates particularly to...

A rising US dollar and falling commodity prices should continue to pressure the Australian dollar at least for the next few years. Similar declines are playing out across the commodity market. Aussies...

EUR/USD - Movement in 1.1500 directionRoaring success of the bulls at EUR/USD is in full swing. After break above bearish regression channel, price also broke resistances at 1.1050 and 1.1120. Next...

USD/JPYThe USD/JPY has resumed its collapse as we expected since the opening of this week, reaching 116.80 easily and it is moving steadily towards 116.15, which is the final target of our sell...