Forex Opinion & Analysis

The EUR/USD pair is trading above its upward trend line on a 60 minute time frame. This confirms that the trend is towards the upside. The price has also formed a symmetrical triangle pattern, which...

GROWTHACES.COM Forex Trading StrategiesTaken PositionsAUD/USD: long at 0.7865, target 0.8080, stop-loss moved to 0.7865, risk factor **EUR/GBP: long at 0.7240, target 0.7480, stop-loss 0.7195, risk...

The EUR/JPY pair has formed a head-and-shoulders pattern on the 4-hour chart, and I see a strong possibility of more downside to come, as the pattern breaks lower. The exchange rate has moved down to...

Volatility will always provide a degree of opportunity, currently something that investors cannot complain about. Last week, capital markets were exposed to massive sovereign bond yield swings that...

Market Drivers for May 11, 2015 PBOC cuts rates for third time in six months Kiwi weighed on speculation that rate cuts are coming Nikkei 1.25% Europe -0.77% Oil $59/bbl Gold $1184/oz. Europe and...

The EUR/GBP pair has been in a broad long-term down-trend. In March it formed a temporary low and started pulling-back. On the weekly chart it corrected back into the 10 and then the 20 moving...

EUR/USD broke above the neckline of a double bottom, reached the minimum expected target at the 61.8% extrapolation of the height of the pattern, at roughly 1.1315, and has now pulled-back down again...

Market BriefAsian stock markets are trading higher after China’s central bank loosen monetary policy for the third time since November 2014. On Sunday, the PBoC cut the benchmark one-year...

The dollar advanced on Friday against most major currencies, after data showed that the U.S. economy created slightly less jobs than expected last month, while unemployment declined in line with...

The following are the intraday outlooks for EUR/USD, EUR/GBP, USD/CAD and AUD/NZD as provided by the technical strategy team at SEB Group.EUR/USD: Eyeing next the 1.1067 support. The decline continued...

KEY DATA RELEASES TODAY (BST) : 12:00 GBP Official Bank Rate 0.50% v 0.50% 12:00 GBP Asset Purchase Facility 375B v 375B 12:03 GBP MPC Rate StatementOVERNIGHT: EUR/USD weighed on into the back end of...

EUR/USDRisk reward: 2.72Volatility: HighUp at 1.1134 Limit 1.1102 Target 1.1221USD/JPYRisk reward: 1.31Volatility: AverageDown at 119.97 Limit 120.29 Target 119.55GBP/USDRisk reward: 2.25Volatility:...

GBP/USD Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1.5480, which will be followed by reaching support...