Popular Posts

Forex News»

  • Greek Cash-Crunch Intensifies
    Greek Cash-Crunch Intensifies
    The optimistic investor sentiment that was witnessed yesterday in financial markets is set to continue for the...
    on Apr 21, 2015 15:11

Opinions»

A Greek default within the zone – the worst for EUR – SocGen

A Greek default within the zone – the worst for EUR – SocGen

Apr 21, 2015 14:34
The euro seems to be paying more attention to teh troubles in Greece and less to US indicators and euro-zone ones. All in all, EUR/USD is trading within a wide range for...

Majors»

GBP/USD Forecast Apr. 20-24

GBP/USD Forecast Apr. 20-24

Apr 19, 2015 17:51
The British pound bounced back in spectacular style last week, as GBP/USD gained over 300 points. The pair closed at 1.4946. This week’s highlight is Retail Sales....
  • USD/JPY Forecast Apr. 20-24
    USD/JPY Forecast Apr. 20-24
    USD/JPY reversed directions last week and lost over 100 points. The pair closed at 118.75. The upcoming week is...
    on Apr 19, 2015 13:00
  • EUR/USD Forecast Apr. 20-24
    EUR/USD Forecast Apr. 20-24
    EUR/USD managed to stage a nice recovery, mostly thanks to the US dollar’s weakness. Can it continue higher?...
    on Apr 18, 2015 14:00
  • Forex Weekly Outlook Apr. 20-24
    Forex Weekly Outlook Apr. 20-24
    The US dollar had a rough week in which mostly weak economic data hit the greenback. Can hope for a recovery in...
    on Apr 17, 2015 16:29

Minors»

AUD/USD Forecast Apr. 20-24

AUD/USD Forecast Apr. 20-24

Apr 19, 2015 19:07
The Australian dollar took advantage of a broadly-weak US dollar, gaining over 100 points. AUD/USD closed the week at 0.7774. The upcoming week has eight events, highlighted...
  • USD/CAD Forecast Apr. 20-24
    USD/CAD Forecast Apr. 20-24
    The Canadian dollar had one of its best weeks in recent memory, jumping 250 points. USD/CAD closed the week...
    on Apr 19, 2015 15:35
  • NZD/USD Forecast Apr. 20-24
    NZD/USD Forecast Apr. 20-24
    The New Zealand dollar hit new highs against the greenback, mostly due to the latter’s weak performance....
    on Apr 19, 2015 11:14
  • USD/CAD Forecast Apr. 13-17
    USD/CAD Forecast Apr. 13-17
    USD/CAD reversed directions last week, gaining about 80 points. The pair closed the week at 1.2558. This week’s...
    on Apr 12, 2015 12:41

Basics & Industry»

How’s your broker’s spread in March? Detailed data for 100+ brokers

How’s your broker’s spread in March? Detailed data for 100+ brokers

Apr 16, 2015 16:25
TradeProofer is a forex trader community where members can benchmark their broker’s quote and trade execution against other members’ brokers. TradeProofer release monthly...

Recent Articles

Greek Cash-Crunch Intensifies

Greek Cash-Crunch Intensifies

The optimistic investor sentiment that was witnessed yesterday in financial markets is set to continue for the second day in a row, with S&P equity futures firmly higher ahead of the opening bell in North America.  The equity rally observed yesterday took place despite New York Fed President Bill Dudley reaffirming the FOMC holds a

A Greek default within the zone – the worst for EUR – SocGen

A Greek default within the zone – the worst for EUR – SocGen

The euro seems to be paying more attention to teh troubles in Greece and less to US indicators and euro-zone ones. All in all, EUR/USD is trading within a wide range for quite some time. These moves are quite interesting, but a more interesting move would be a break down out of the range towards parity. This scenario

AUD/NZD grinding towards party – 40 pips to go

AUD/NZD grinding towards party – 40 pips to go

The Australian dollar is feeling the pressure of RBA once again. This time, it comes from the meeting minutes in addition to Stevens’  heavy comments. In today’s round, the weakness is most pronounced against the kiwi, as the USD is retreating from the highs. The meeting minutes from the April decision revealed that the the RBA

Tough choices for Greece

Tough choices for Greece

After a week of dollar weakness some tentative buyers are returning leading to some reversals of the very near term trends amongst the majors. AUDUSD has retraced from above the 0.7800 level and sits around 0.7700 this morning, GBPUSD has pulled back from 1.5000 to trade at 1.4855 and EURUSD is back from above 1.0800

EUR/USD extends falls on ever growing Greek worries

EUR/USD extends falls on ever growing Greek worries

The situation in Greece is becoming more sticky, and the pressure that began yesterday is mounting. There are fresh reports that the ECB is considering limiting the Emergency Liquidity Assistance which was the only lifeline after the Frankfurt based institution stopped accepting Greek bonds as collateral back in February. This isn’t the only ominous sign. EUR/USD is trading

UK Political Gridlock; Stay Short Sterling – RBS

UK Political Gridlock; Stay Short Sterling – RBS

Opinion polls for the upcoming UK elections couldn’t be closer. In addition, there is a growing chance of the “worst case scenario” for markets: a Labour-SNP minority government. The team at RBS focuses on the gridlock and sees downside for the pound: Here is their view, courtesy of eFXnews: Although markets appear comfortable they have

EURUSD, USDJPY, GBPUSD Pivot Points, TA – Apr. 21 2015

EURUSD, USDJPY, GBPUSD Pivot Points, TA – Apr. 21 2015

EURUSD Daily Pivots R3 1.0908 R2 1.0864 R1 1.0799 Pivot 1.0755 S1 1.069 S2 1.0646 S3 1.0582   Failure to move any higher has seen the EURUSD drift lower for the most part yesterday. As noted previously, EURUSD could now test the support levels near 1.0693 thrugh 1.0683 levels, which will be the next important

AUD/USD: Trading the Australian CPI

AUD/USD: Trading the Australian CPI

The Australian CPI (Consumer Price Index), which is released each quarter, is an inflation index which measures the change in the price of goods and services charged to consumers. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD.

EUR/USD: 55d AVG Key; USD/JPY: in Bullish Setup – BofA Merrill

EUR/USD: 55d AVG Key; USD/JPY: in Bullish Setup – BofA Merrill

The USD has room for gain against its major counterparts, according to the latest technical assessments from Bank of America Merrill Lynch. Here are the levels to watch: Here is their view, courtesy of eFXnews: USD/JPY is poised to a breakout with a bullish setup is currently in the making,says Bank of America Merrill Lynch. “The

Chinese double edged sword, RBA hit AUD

Chinese double edged sword, RBA hit AUD

After enjoying superb employment data last week, AUD/USD kicked off the week on a positive note and enjoyed a Sunday gap, resulting from the Chinese news. But this gap closed quite quickly, and that is a sign that things could turn the other way around quite quickly. And after the sobering up came news from