Forex Opinion & Analysis

Talking Points The US Dollar Breaks Higher on news Today’s R4 pivot sits at 12,000 R3 resistance starts at 11,982 (Created using FXCM’s Marketscope 2.0 charts) The US dollar has opened...

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OverviewAfter a fairly choppy start to the day, USD ends the European session relatively flat, driven higher once US participants began arriving at their desks, with better than expected Pending Home...

Sterling has fallen out of favor. It was the market's darling, rallying from $1.4565 in mid-April to $1.5815 in mid-May. From a technical point of view it was correcting the slide from last July's...

The return of the “Best House in a Bad Neighborhood” trade has seen the dollar rally strongly over the last three weeks, with the trade-weighted dollar index breaking back above its 50-day...

Yesterday we had comments that Greece and its creditors may be close to a deal, but these claims were contradicted by other sources, which said a final deal has not been made.Asian session PCE reading...

The Greenback Still On a Tear!The loonie continued to fall yesterday, as the Bank of Canada kept its key rate unchanged. In its statement, the BoC mentioned that it would assess the impact of a rising...

AUD/USD had a poor CAPEX data, there is a scope for more rate cuts and latest technical perspective looks bearish. Adding to fundamental aspects, AUD/USD chart shows a bearish equidistant channel zig...

USD/JPY Open 123.71 High 124.39 Low 122.76 Close 123.59 On Wednesday USD/JPY continued increasing significantly with 130 pips. The currency couple appreciated from 122.76 to 124.07 yesterday, matching...

Market Drivers May 28, 2015UK GDP misses, sending cable back towards 1.5300EUR/USD - Greece and EU continue to negotiateNikkei 0.39% Europe -0.39%Oil $57/bblGold $1190/oz.Europe and Asia:AUD Capex...

AUD/USDMarket Scenario 1: Long positions above 0.7728 with target at 0.7766. Market Scenario 2: Short positions below 0.7688 with target at 0.7650. Comment: The pair recovers above 0.7700...

GROWTHACES.COM Forex Trading Strategies Taken Positions EUR/USD: long at 1.0935, target 1.1140, stop-loss 1.0860, risk factor ** GBP/USD: long at 1.5305, target 1.5600, stop-loss 1.5190, risk factor...

Talking Points:Australian dollar Down as Capex Slump Fuels RBA Rate Cut Speculation British Pound May Not Find Follow-Through in Revised UK GDP Figures News-Flow from G7 Meeting Eyed for Guidance on...

Market Commentary Both the USD/JPY and Nikkei are at decade highs, and supported by official comments in the past twelve hours (Kuroda stating that “financial excess” in the economy is not...