Forex Opinion & Analysis

GBP/JPY Daily OutlookDaily Pivots: (S1) 191.33; (P) 192.13; (R1) 193.71; Intraday bias in GBP/JPY remains mildly on the upside for the moment. As noted before, the pull back from 195.86 should have...

Today it looks like we may finally be able to shift the focus from Greece for a while as its parliament moves to vote through the bailout deal, with the assumption that the opposition and a minority...

GROWTHACES.COM Forex Trading Strategies Taken Positions GBP/USD: short at 1.5670, target 1.5420, stop-loss 1.5770, risk factor ** EUR/CHF: long at 1.0380, target 1.0580, stop-loss moved to 1.0380,...

EUR/USDThe euro remained under pressure as investors waited to see if the Greek parliament would support strict austerity measures demanded by the country’s creditors in exchange for a deal to...

EUR/USD Daily Analysis: Our long was triggered yesterday on the 1.0985 buy limit and the forecasted rally brought price within 3 pips of our 100-pip TP, but ultimately failed to touch it before the...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.72% against the USD to close at 0.7452. LME Copper prices declined 1.84% or $103.0/MT to $5502.5/MT. Aluminium prices declined 0.36% or $6.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.08% against the CAD to close at 1.2731. In economic news, Canada’s house price index climbed 1.4% MoM in June. It followed an advance of 0.9% in...

For the 24 hours to 23:00 GMT, the USD weakened 0.18% against the JPY and closed at 123.36. In the Asian session, at GMT0300, the pair is trading at 123.45, with the USD trading 0.07% higher from...

For the 24 hours to 23:00 GMT, the GBP rose 0.94% against the USD and closed at 1.5635, after the BoE Governor, Mark Carney, in his speech at Treasury select committee, indicated that the central bank...

For the 24 hours to 23:00 GMT, the EUR traded a tad higher against the USD and closed at 1.1013. Yesterday, economic data showed that Germany’s ZEW economic sentiment index eased to a level of...

The dollar was mostly flat in Asian trading having steadied after Tuesday’s disappointing retail sales data. Focus has now shifted to Fed Chair Janet Yellen’s semi-annual testimony to...

Talking PointsAUD/JPY testing key near-term resistance confluence- immediate long bias at risk below Updated targets and invalidation levels AUD/JPY Weekly AUD/JPY Daily Chart Created Using FXCM...