Forex Opinion & Analysis

It’s always difficult following a sharp move that has nothing more than minor corrections, to be able to have great clarity over the next move. However, by being patient, the minor corrections...

The USD/JPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 101.50, as long as the trend line support holds, the fall from 105.70 could be treated as consolidation of...

Judging by the action on Friday, I believe that the euro still has plenty of bearish pressure facing it, as even with a less than stellar jobs number out of the United States, the Euro simply could...

Key Fundamental Forex Events for the Week of September 1st through September 5th The following table lists the key economic data and other events that came out during the week of September 1st...

The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and forex speculators increased US...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.2951. We are looking for a short correction the finish the wave to 1.2822 with an overall target of the bottom at 1.2773....

EUR/USD Despite a slew of Eurozone PMI figures in the first half of the week, all eyes were firmly placed on this week’s ECB policy decision as EUR/USD traded in a relatively tight range between...

Currently we the NZD/JPY is at 87.35. IF we break the rectangle we are looking for a continuation to the R3 resistance area at 87.79 with an overall target at 88.00. The average daily true range (ATR)...

EUR/USDCurrent level - 1.2953 Yesterday's break through 1.3090 key support unleashed a severe sell-off all the way down to 1.2917. Current rebound above 1.2917 should be considered corrective, so...

Euro stabilizes post Draghi smash Market awaits NFPs Nikkei -.05% Europe -.07% Oil $94/bbl Gold $1264/oz. Europe and AsiaAUD AIG Construction 55 vs. 52.6 EUR GE IP 1.9% vs. 0.5% EUR GDP 0.0% North...

GROWTHACES.COM Trading Positions: AUD/USD: long at 0.9305, target 0.9470, stop-loss 0.9230 USD/CAD: long at 1.0850, target 1.1000, stop-loss 1.0810 USD/JPY: Japan's leading indicator suggests...

The US dollar registered some sharp gains, as economic data released out of the United States, supported the case in favor of a recovering US economy and tighter monetary policy, in contrast to other...

The European Central Bank (ECB) came, delivered, and made a difference this week. Investors and dealers were positioned for further disappointment from eurozone policymakers, but what “Super...