Forex Opinion & Analysis

Good morning. Hope all is well! Have had a good forecast with a 71% accuracy on our predictions. On some instances markets violated our supply/demand zones and then continued in the directions...

Good morning. Hope all is well! Have had a good forecast with a 71% accuracy on our predictions. On some instances, markets violated our supply/demand zones and then continued in the directions...

GBP/CADWe are looking for minor new high for the year to set shorts up on the pair in anticipation of a relief rally to be seen. We are looking at T2 on the 8 hrs chart that comes in as a possible...

It has been almost four months that EUR/USD has remained in a daily range. GBP/USD has also — although with a mild bullish bias. These extended consolidations are killers in terms of profits,...

USD/CAD: With the pair turning higher on price reversal during Wednesday's trading session, risk of further move towards the 1.3212 level is developing. Resistance resides at the 1.3212 level followed...

OK, I know that the British pound is not a market that most people follow. Still, at times it pays to remember:Jay’s Trading Maxim #312: Opportunity is where you find it, not necessarily where...

While China’s stock market keeps falling and the US cpi and FOMC minutes had yet to bereleased, American currency declined slightly during the Asian session. The market should remain flat until...

Market Condition: Pending Breakout Target 1: 100% of Daily ATR Target 2: 200% of Daily ATR Invalidation: Continued Consolidation (Created using Marketscope 2.0 Charts) The USD/JPY is working on its...

GBP/JPY Daily OutlookDaily Pivots: (S1) 193.79; (P) 194.53; (R1) 195.54; Intraday bias in GBP/JPY remains neutral for the moment. Rebound from 184.95 might extend. But we'd expect strong resistance...

The EUR/JPY cross remains weak and vulnerable to the downside with eyes on its support located at the 136.50 level. On the downside, support comes in at the 136.50 level where a break will aim at the...

GROWTHACES.COM Forex Trading Strategies Taken Positions GBP/USD: short at 1.5680, target 1.5530, stop-loss 1.5755, risk factor *** EUR/CHF: long at 1.0780, target 1.1170, stop-loss 1.0640, risk factor...

The world’s largest sovereign wealth fund lost 73 billion kroner ($8.8 billion) in the second quarter, the first decline in three years, dragged down by falling global bond and stock markets.The...

For Wednesday’s DecaPip Daily feature I would like to look at the recent trading activity in GBP/USD and how we can potentially trade this pair going forward in the near term.Yesterday we saw a...

Market Commentary Traders are focused on the minutes of the July FOMC meeting due tonight. USD was broadly stronger thanks to housing starts data. While the rise in housing starts was modest, the...