Forex Opinion & Analysis

There are two currency pegs that serve as bedrocks. They were not tackled in the series of emerging market crisis that began in the mid-1990s. They did not succumb during the Great Financial crisis....

I was prepared for some dollar weakness but had not envisaged the degree of weakness that occurred. It does look to have clarified a few things, although trying to follow such frenetic moves can be...

USD/CAD: Having followed through higher on the back of its Friday gains, further bullishness is envisaged. In such a case, USD/CAD will aim at the 1.3350 level, where a break will target the 1.3400...

Traders are still reeling after this morning’s shocking “flash crash.” Liquidity completely dried up at the opening of the North American trading session, with the Dow Jones...

The Dollar Index has declined 3% since last Thursday and in so doing, has sliced beneath its 13-month support line at 96.10, and has pressed below its 200-Day EMA (93.95) in route to a full-fledged...

Since the end of last week, the USD is falling amid the stock markets troubles. The yen, at the same time, serves as the safe-haven currency as investors are quitting from risky assets. Today, strong...

The week kicked off with one of the most volatile sessions seen in years after Asian equities closed in a sea of red as the Shanghai Composite closed the session lower by 8.5% to give back all of the...

The dollar was weak and the euro and yen were strong overnight. The daily chart of the EUR/USD has had 4 consecutive big bull bars closing near their highs (including today, which has not yet closed),...

So much for a late summer weekend at the beach to help calm traders’ nerves.The massive wave of risk-off trade from Friday has carried over into the new week, with global equities and most...

Leaving the 6-month neutral trend?Let’s have a look at the daily chart of CFD for the American stock index of hi-tech companies Nasdaq 100. In the trading terminal NetTradeX it is indicated as...

USD/CADCurrently we are at 1.3240. With oil tanking, we are looking for a continuation to the Fibo support area at 1.3316 with an overall target at 1.3467 after a correction. The average daily true...

The latest IMM data cover the week from 12 to 18 August 2015. While EUR/USD became a slightly less stretched pair according to IMM positioning in the week to 18 August - and this may have continued...

GBP/USD: GBP continues to face upside pressure following its corrective recovery bullish offensive. With the pair trading above its cluster of resistance at the 1.5689/77 zone, more strength is...

GROWTHACES.COM Forex Trading Strategies Taken Positions EUR/CHF: long at 1.0780, target 1.1170, stop-loss 1.0640, risk factor * Pending Orders EUR/USD: sell at 1.1575, target 1.1330, stop-loss 1.1685,...