Forex Opinion & Analysis

Talking Points: GBP/USD Technical Strategy: Flat Support: 1.5308, 1.5224, 1.5088 Resistance: 1.5444, 1.5554, 1.5664 The British Pound has moved to challenge April’s highs against the...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Will US Payrolls Breathe New Life into the Dollar? GBP: Counting Down to the Exit Polls Rollercoaster Ride in EUR/USD USD/CAD...

While recent US data releases have weighed on the US dollar, USD/JPY has been relatively supported by the lingering JPY selling flows of Japanese investors and companies, notes Bank of Tokyo...

Despite ECB QE trades coming under pressure, BNP Paribas (PARIS:BNPP) rates strategists note that the rise in euro rates comes during the month with positive net supply balance even after ECB QE...

The European currency is slowly growing against the USD and is now traded at the level of 1.1350. It seems that investors got used to the problems in Greece and stopped taking notice of them....

The UK Parliamentary election is the key focus of the day and opinion polls have so far showed no single party will win enough seats to govern alone, with a form of minority government looking as a...

OverviewThe USD-index initially trended lower earlier in today’s sessions continuing the downward trend following yesterday’s weak ADP Employment figures, only to reverse course after...

Overnight, Norway’s Norges bank opted to leave its main interest rate unchanged at 1.25%. In its accompanying statement, the central bank struck a relatively optimistic tone, noting that though...

EUR/AUDCurrently we are at 1.4186 in a large range. We are looking for a continuation to the 0.500 fibo area @ 1.4020 with an overall target @ 1.3950. The average daily true range (ATR) for the pair...

Forex News and Events Is USD correction almost over? In its last statement the Federal Reserves reiterated its confidence in the US economy, adding that the recent slowdown was due to temporary...

AUD/USD has resumed its broader bear trend by forming a v.short-term down-trend on the 4-hr chart with two lower lows and two lower highs. On the weekly chart it also formed a bearish-looking...

This week has certainly lived up to expectations. Market moves were always going to be big due to the amount of event risk that investors are being exposed to; however, we have yet to witness the main...

The much anticipated Non Farm Payrolls report will be released this Friday and traders are trying to assess the impact of this release on the steadily declining US dollar.Following an unprecedented...

GROWTHACES.COM Forex Trading StrategiesTaken PositionsGBP/USD: long at 1.5160, target 1.5540, stop-loss moved to 1.5160, risk factor **USD/CAD: short at 1.2110, target 1.1930, stop-loss moved to...