Forex Opinion & Analysis

USD/JPY: The pair’s recovery triggered off the 118.05 level on Oct 15 2015 remains intact. The immediate risk is for USD/JPY to retarget its range top at 121.23 zone. On the upside, nearby...

USD/JPYCurrently we are at 119.73. We are looking to continue to the 0.500 Fibo resistance area at 120.74 with an overall target at 121.80. The average daily true range (ATR) for the pair currently is...

In the last few weeks, the financial markets were concerned about the dropping China’s industrial production that provoked the slowdown of the global economic growth. Moreover, in September, the...

AUD/USDMarket Scenario 1: Long positions above 0.7264 with targets at 0.7289 and 0.7332 Market Scenario 2: Short positions below 0.7264 with targets at 0.7221 and 0.7196 Comment: Aussie found strength...

GBP/USD is unchanged on Tuesday, as the pair trades slightly under the 1.55 line in the European session. In economic news, there are two events on Tuesday that should be treated as market-movers. In...

GROWTHACES.COM Forex Trading Strategies Taken Positions AUD/JPY: long at 86.80, target 89.80, stop-loss at 86.10, risk factor ** Pending Orders: EUR/USD: buy at 1.1345, target 1.1550, stop-loss...

EUR/USD is steady on Tuesday, with the pair trading at 1.1350 early in Tuesday’s European session. It’s another quiet day on the release front. In the Eurozone, German PPI posted a decline...

AUD/USD – Shallow correction suggests further upsideDespite falling below 7% target level, Chinese Q3 GDP grew 6.9% YoY, as compared to 6.8% expected. AUD/USD was well supported above 0.725...

EUR/USDOutlook: Short Term (1-3 Days): Bullish – Medium Term (1-3 Weeks): BearishFundamental: EUR weakened against US dollar ahead of the European Central Bank meeting on Thursday, which some...

Market Drivers for October 20, 2015 Trudeau wins - USDCAD rallies, but off highs RBA Minutes suggest that rates stay stationary for now Nikkei 0.42%, Europe -0.59% Oil $46/bbl Gold $1173/oz Europe and...

Market BriefThe loonie took a hit after Canadians voted in favour of an expansionary fiscal policy. The Liberal party, of which Justin Trudeau is the leaser, plans to take advantage of low borrowing...

EUR/USDCurrent level - 1.1326 The bias is still negative below 1.1340 minor resistance, for a slide towards 1.1210. Crucial on the upside is 1.1395...

EUR/SEK dip below 9.30 was short-lived as we expected.However, at the current EUR/SEK level, the Riksbank will not cut rates on 28 October. Our 1M EUR/SEK forecasts is 9.40. We will look to sell in...