Forex Opinion & Analysis

Looking at the GBP/USD pair, you can see that we did in fact have quite a bit of volatility during the day. Because of this, it appears that the market is starting to find quite a bit of concern the...

Indeed, my mixed feelings I described yesterday came to pass. There was an oddball of structures that didn’t quite seem to align with indicators, which generated a mixture of some good calls and...

Asian Session Morning:Good morning traders. A fairly quiet one overnight, with no major market moving data releases seeing forex markets chopping about for the day and basically ending where they...

As my colleague Fawad Razaqzada noted earlier today, oil is testing some key support levels around 58.00 (for WTI) and 63.00 (for Brent) ahead of tomorrow’s always-critical EIA oil inventories...

Since the conclusion of the election in the UK a couple weeks ago, which was anticipated to be a political mess but ended up being a resounding victory for the conservative Tories, the GBP has been on...

The following is SEB Group's medium-term FX scorecard for G10 currencies.

The US dollar had been in a broad trading range against the yen since last December. The marginal new high seen in March to about JPY122 proved to be a false break and the dollar returned to its...

Though far from complete, the body of US economic evidence concerning a Q3 Fed tightening has become more compelling. Corroborating housing, capital goods and now consumer sentiment data have helped...

AUD/CHFCurrently we are at 0.7337 and out of the wedge. We are looking for a continuation to the Fibo extension area at 0.7244. The average daily true range (ATR) for the pair currently is 95 pips

USD/JPY Open 122.98 High 123.75 Low 121.52 Close 123.05 On Tuesday, dollar/yen increased strongly with 180 pips. The currency couple appreciated from 121.52 to 123.33 yesterday, matching the positive...

After breaking out of its triangle USD/JPY has followed through to the upside, reaching new highs of 123.68. It will probably move higher still, with estimates placing the target for the breakout at...

The pair GBP/USD continues to decline. Yesterday, the price of the British currency fell to the level of 1.5353. Downtrend was caused by overall strengthening in the USD. Last Friday, the head of the...

Market playing rate divergence catch up with yen Yen outright could be the next dollar strength barometer Fixed income need to reprice the front end for Fed Euro periphery contagion fears muted for...

GROWTHACES.COM Forex Trading Strategies Taken Positions EUR/CAD: long 1.3480, target 1.3700, stop-loss moved to 1.3480, risk factor ** CHF/JPY: long at 129.10, target 131.40, stop-loss moved to...