Forex Opinion & Analysis

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting at 1.3703. We are looking for a continued move to the 1.3636 ish area (Day chart bottom) and then a bounce back to the 1.3700. The...

Fundamental Forecast for Australian Dollar: NeutralAustralian Dollar May Rise if the Jobs Report Surprises vs Forecasts Hawkish March FOMC Minutes May Undermine Aussie Upside Push Monetary policy...

This Great Graphic is the monthly bar chart for the euro. Constructed on Bloomberg, it shows that the euro has been turned back from a monthly trend line drawn off the 2008 record high and the 2011...

EUR/USDFrom the offset this week, the main focus of market participants was placed upon the eagerly awaited ECB rate decision. Monday saw the release of the crucial CPI Estimate from the Eurozone,...

EUR/USDEuro is moving according to alternative scenario. We think, today price may reach level of 1.3685. Later, in our opinion, instrument may return to level of 1.3815 (the first ascending...

Currently we are at 89.05 after the pullback. We are looking for a bullish continuation to the R6 area @ 90.11 AFTER NON FARM PAYROLL!. The average daily true range (ATR) for the pair currently is 84...

The GBP/USD has edged lower in Friday, as the pound remains under pressure. The pair is trading in the high-1.65 range in the European session. In economic news, Halifax HPI disappointed, posting...

USD/JPY is showing little movement on Friday, as the pair continues to trade slightly below the 104 line on Friday. The dollar continues to trade at high levels as the markets expect good...

EUR/USD - European Session The pair dropped yesterday and stabilized below 50% correction at 1.3725 levels showing on graph. Stability below the referred to level might extend the downside move to...

Forex News and Events: The FX markets trade in wait-and-see mode before US jobs data due in New York. EUR crosses remain offered post-Draghi, AUD-bulls are contained, and the Cable tests the MACD...

A rough night of trading for me, as I had three stop loss orders get hit for losses, knocking my account down about 0.75%. Fortunately I have some floating profits on, so my net account value declined...

EUR/USD is flirting with the 1.37 line on Friday, as the euro continues to lose ground. The euro remains under pressure as the markets are expecting a strong Non-Farm Payrolls release on Friday....

Global currency direction for Q2 relies heavily on two events following the script this week, the first was yesterday's ECB rate announcement and the second is this morning 'granddaddy' of economic...