Forex Opinion & Analysis

Talking Points: GBP/USD Technical Strategy: Flat Support: 1.5189, 1.5042, 1.4860 Resistance: 1.5337, 1.5498, 1.5699 The British pound dropped for the sixth consecutive day, producing the...

Talking Points:EUR/GBP Technical Strategy: Flat Support: 0.7155, 0.7117, 0.7055 Resistance: 0.7218, 0.7268, 0.7319 The euro advanced against the British pound as expected after prices produced a...

Talking Points: USD/CAD Technical Strategy: Flat Support: 1.2379, 1.2271, 1.2137 Resistance: 1.2487, 1.2621, 1.2801 The US dollar may be carving out a top against its Canadian namesake having...

Key Forex Risk Events This Week: June 1st – 5th EUR: German CPI - Monday, German Unemp Rate, EZ CPI – Tuesday, ECB Rate Decision – Wednesday, EZ GDP – FridayUSD: ISM...

Friday’s development was always a situation of where will the corrective losses stall? There was no set level and in one of those positions where there were multiple choice answers, all of which...

Today’s Binary Options Trading Strategy:• Currency Pair: USD/CAD • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary put options on rallies above...

The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the...

Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed...

It was a strangely quiet end to the week for the US dollar and the dollar index, and despite GDP coming in with a negative 0.7%, and reversing the 0.2% growth figure of last quarter, this was...

The US dollar's strong advance in the second half of May showed signs of tiring as last week drew to a close. It could be a function of month end flows, but the magnitude of the dollar's advance and...

$EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.0983 in a new uptrend. We are looking initially for the R4 Resistance at 1.1060, and we should see a continuation there to...

At a time when Eurozone growth remains low at an average of 0.4 percent in the first quarter of 2015, Slovakia has managed to grow at double that rate with growth of 0.8 percent in Q1. While overall...

USD/JPY has been the most notable mover this week, with the pair breaking above 2007 highs at 124.14 to reach its highest level since December 2004. Continued divergence in central bank policy...

Background:Traders often refer to the impact of ‘month end flows’ on different currency pairs during the last few days of the month. In essence, these money ‘flows’ are caused...