Forex Opinion & Analysis

US Core Retail Sales will be released on June 12 and is the main event for the week as traders look for news catalysts for the short-term trend. With the Feds looking at “qualitative...

The Australian Employment Change release on June 11 will determine the direction of the AUD for the next few hours, and if we get a strong surprise, the AUD could remain driven by this release for the...

The RBNZ Interest Rates decision on June 11 is expected to increase from the current 3.00% to 3.25%, and in the unlikely scenario that RBNZ refrains from hiking or over-hiking to 3.50% by increasing...

The latest data for the weekly Commitments of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and speculators continued to raise...

Technical levels and COTS positioning for USD pairs for the week ahead.Below you may find the video

INTRADAY CHART (AUD/USD) BIAS: Ideally we should see losses to 0.9295-05 before extending gains to 0.9370-75Resistance: 0.9358-60 0.9370-75 0.9383 0.9400-08Support: 0.9318 0.9295-05 0.9273-86...

The USD/JPY stays above the upward trend line on 4-hour chart, and remains in uptrend from 100.83. As long as the trend line support holds, the fall from 102.79 could be treated as consolidation of...

The Turkish lira has fallen to almost -week low against the US dollar at 14.5.2014.The currency’s deprecation follows the Turkish central bank’s decision to cut interest rates a few weeks...

Dollar Bulls were looking for a stronger NFP print Canada part-time hires at four-year high USD/CAD better bid on dollar pullbacks It's taken five years, but it's finally happened. The US has come...

Draghi throws his tool kit at deflation and growth concerns EUR Specs were short into NFP US Jobs headline a coin toss ending at the low end Both forex volume and volatility have taken a massive hit...

The news stream has been busy, but as the dust settles, many investors may simply be encouraged to do what they were already doing. The US economy's contraction in Q1 was not the true signal of the...

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.3645 after a breakout down. Looking for early move back to around 1.3735 and then another push down. Be prepared for the...

Dollar: Non-Farm Payrolls Fail to Impress EUR: Potential Move to 1.37 CAD: Underlying Weakness in the Labor Market NZD: Beware of RBNZ Next Week AUD: Chinese Trade Balance on Sunday GBP: Trade...

The ECB yesterday announced a much anticipated stimulus plan. No one was really shocked that rates were cut, but the differing measures sent the market swinging more than a 60’s party but...