Please try another search
AUDUSD holding our selling opportunity at 7190/95 as I write. Exit any remaining longs and try shorts with stops at 7220. A good chance of a high for the upside correction here. However be ready to...
The USD/JPY pair beat 120.50 as we edge closer to strong resistance at 120.85/90 today. Try shorts expecting a high for the day, with stops at 121.10. An unexpected and sustained break above 121.15 is...
Good morning. Hope all is well! We seem to have had a 100% accuracy on our direction/reaction from our supply/demand zones. However, later in the day markets abruptly turned around. That is the move...
What was wrong in this trade? EUR/CAD background is strong. If the background is strong we have to be ready to open a long trade, not short. Price was too far from resistance level. Good entry for...
The Fed’s Inflation Complication:With all eyes on tonight’s FOMC decision as to whether the Fed will in fact hike rates and change any monetary policy projections, this morning’s...
The moves became a little bigger yesterday going into the tomorrow’s Fed interest rate announcement. The 60 minute EUR/USD had a wedge bear flag after a 2 week sell off, and last night had a 3rd...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Best Way to Trade the FOMC Rate Decision The best way to trade the September FOMC rate decision and any major event with this...
Sterling has been on a monster tear after mixed employment data out of the United Kingdom. Average earnings beat expectations of 2.6 percent, printing a 2.9 percent.However, the U.K. did see a rise in...
A strong U.K. jobs report and weaker-than-expected U.S. inflation data has given cable another strong leg higher on Wednesday, sending it to a three week high and putting real pressure on a key...
GBP outperformed its major peers, after the release of much better than expected jobs data prompted market participants to reassess rate hike expectations. The quality of the data was particularly...
With the EUR/JPY pair pausing its recent corrective weakness to turn higher during Wednesday trading session, it looks to build on that move in the days ahead. While the 134.99 level remains as...
A sense of positivity has dispersed across the financial markets ahead of the awaited FOMC statement on Thursday, as gains were viewed across the board. China, although still the main theme, has been...
Currently we are at 1.5455 in a well-defined range. We are looking for this potential channel to continue to the 0.618 Fibo support area at 1.5562 with an overall target at 1.5678. The average daily...
While we are patiently waiting for FOMC meeting we need to know that interest rate differential between US and Switzerland definitely favors the dollar. Having a record unemployment rate at 5.1 % FOMC...
GROWTHACES.COM Forex Trading Strategies Taken Positions GBP/USD: long at 1.5330, target 1.5520, profit locked in at 1.5370, risk factor *** USD/CAD: short at 1.3310, target 1.3100, profit locked in at...