Forex Opinion & Analysis

Atlanta Fed’s Lockhart Speaks: A hump day interview with the Federal Reserve Bank of Atlanta President Dennis Lockhart gave USDX bulls something to cheer about, indicating that the US economy is...

Today sees the release of the Services PMI for the UK where a figure of 58.1 is expected against a previous of 58.5, a small but notable reduction and something traders will be paying close attention...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. What it Takes to Drive USD/JPY to 125 AUD Jumps More than 2% on RBA NZD Shrugs Off 9% Drop in Dairy Prices CAD: Supported by...

While much of Europe’s economy is chugging along at the same slow but steady pace, traders were abruptly reminded of Greece’s economic tragedy on Monday. Most of the day’s...

Talking Points An Initial bullish breakout fails for the EUR/USD Range reversals begin at 1.0964 Range support starts at 1.0934 Created using Trading View Charts After traversing its daily 30 pip...

Talking PointsUSD/JPY struggles below key Fibo GBP/USD meanders below minor retracement EUR/USD fails again at key moving average Foreign Exchange Price & Time at a Glance Chart Prepared by...

With the USD/JPY pair continuing to maintain below its key resistance at 124.57 level, a move lower should occur. Support resides at the 123.50 level with a turn below here aiming at the 123.00 level....

Currently EUR/NZD is at 1.6618. We are looking for a continuation to the previous day chart support area @ 1.6555 with an overall target @ 1.6474. The average daily true range (ATR) for the pair...

Talking Points· British pound struggle continues to clear a monster resistance around $1.5680-$1.5700 versus the US dollar. · UK Nationwide Housing Prices released today posted an...

The GBP/USD pair is trading in symmetrical triangle pattern on a 4 hour time frame. These patterns are ranked on the bottom of the list and this or due to their failure rate in terms of of their...

Yesterday’s Trading:The euro/dollar spent Monday by the LB. After dropping to 1.0941, the euro recovered to 1.0988 after the release of US ISM data. As the data showed, the US ISM in the...

GROWTHACES.COM Forex Trading StrategiesTaken PositionsUSD/JPY: long at 123.70, target 125.80, stop-loss 122.90, risk factor *Pending OrdersEUR/USD: sell at 1.1060, target 1.0810, stop-loss 1.1130,...

Yesterday PMI data from Eurozone acted positively, with a manufacturing MPI(July)of 52.4, better than expected 52.2. Manufacturing steps are accelerating in Germany, France and Italy, but with...

EUR/USDThe RSI 14 shows bullish signs, but the signals are still uncertain, while the ADX indicators is currently attempting to undertake a bullish crossover. However, the EUR/USD pair is still...