Forex Opinion & Analysis

EUR/USD (daily chart) spiked early in Friday’s trading session to hit a high of 1.3822 before consolidating its gains.In doing so, the currency pair has closely approached the two-year high of...

Technicals and fundamentals appear aligned against the dollar versus most of the major currencies in the week ahead. Last week, we cautioned against playing for a break out, pending key data. The...

EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.3823 looking to finish a 5th wave to the top. The pair has been ranging but is now underway but with little left to the top....

FX: Importance of Chinese NPC, US NFP Next Week EUR Soars as Chance of Rate Hike Sinks GBP: Busy Week Ahead USD/CAD Nosedives on Stronger Q4 GDP NZD: Business Confidence Hits 20 Year High AUD:...

USD/CAD bulls have been cocksure of themselves this year. Being long dollars against the commodity and interest rate sensitive currency has been many speculators’ go-to profitable trade for...

For many months, the market has been talking up the Chinese yuan with many speculators believing that the psychological six handle was going to be breached sometime soon, as in the first half of this...

EUR/USDThe pair started the week fluctuating between gains and losses with some direction being provided via a combination of speculation over the potential timeline for an ECB rate cut and a...

The euro is finding a bid this morning on news that inflation has stabilized in the "danger zone" in Europe. For those participants looking for the ECB to take more drastic monetary measures to fight...

For the first time this week, Treasury yields are moving higher but the rise in interest rates is providing very little benefit to the U.S. dollar this morning. Yields in other parts of the world are...

Euro formed the third structure of descending wave, which may be considered as correction. We think, today price may form another descending structure to reach minimum of this wave and then continue...

The U.S. Dollar Index (USDIDX) dropped yesterday after the FED Chairman, Janet Yellen’s speech where it was said that her agency may continue to repurchase government bonds for a longer period...

Analytics company FreshForex compiled an overview of the major currency pairs on Thursday, February 27. What you should pay attention to on the fourth day of the trading week? According to experts of...

NZD/JPY has been in a constant bullish rally over 6 months. Breaking all major resistance levels this pair has been in a constant bull run. Since June 2012 the NZD/JPY bullish trend still continuies...