Forex Opinion & Analysis

Greek ‘No’ vote sees initial weakness in EUR, before Finance Minister Varoufakis’ resignation bolsters the currency to pare some of the lossesThis week has kicked off in a familiar...

Let us consider the GBP/USD pair on the daily timeframe. On June 3 the Bank of England decided to keep the interest rate unchanged at 0.5% and to leave the monetary stimulus program unchanged at GBP...

Last week was rather an uncommon FX trading week, starting with the Greece declining to pay the EUR 1.5 billion IMF payment, then announcing the Greferendum and the rest of the EU leaders keeping it...

Currently, GBP/NZD is at 2.3212 after a breakout. We are looking for a continuation to the 0.500 Fibo support area at 2.3126 with an overall target at 2.3010. The average daily true range (ATR) for...

Today’s Binary Options Trading Strategy: • Currency Pair: EURJPY • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary call options on...

EUR/USD has dropped after Greek "No" vote on referendum which was held on Sunday. After a bailout proposal has been rejected EUR/USD gapped down on early market open by 200 pips dragging EUR basket...

Capital Markets were expecting a narrow ‘Yes’ victory in Sunday’s Greek referendum, the restart of negotiations with its creditors and likely end to PM Tsipras Syriza...

GBP/USDGBP/USD has touched the main support line around 1.5560 where it retraced to the upside as seen on the provided graph. The probability of the bullishness increased since 1.5560 wasn’t...

Despite the turmoil in the financial markets around a possible 'Grexit', the EUR/USD has not gapped down more than expected, and found support around the demand zone of 1.1000. The overall trend is...

EUR/USDCurrent level - 1.1032 The recent failures at 1.1125 led to a renewal of the downtrend, currently aiming for a break through 1.0954, en route to 1.0820 area. Initial resistance lies at...

Market CommentaryMajor talk overnight was on the Greek referendum and the associated ‘No’ vote. Unfortunately, of the two scenarios, the ‘No’ vote has left the markets with the...

GROWTHACES.COM Forex Trading Strategies Pending Orders EUR/USD: buy at 1.0990, target 1.1240, stop-loss 1.0940, risk factor *** GBP/USD: buy at 1.5470, target 1.5700, stop-loss 1.5400, risk factor ***...

EUR/USD – Gapped Down, Under Pressure (daily chart) Gapping down to start the week, the euro is under pressure and I’m expecting a bearish tone for the week, especially because of the...