Forex Opinion & Analysis

KEY DATA RELEASES TODAY (BST) :10:00 EUR German ZEW Economic Sentiment 55.6 v 54.8 10:00 EUR ZEW Economic Sentiment 63.7 v 62.4 OVERNIGHT: A combination of the recent reduction in rate divergence and...

Market Drivers for April 21, 2015 Euro drops to 1.0650 on reports that ECB could put 90% haircut on Greek Bonds RBA Minutes suggest CB is open to further rate cuts Nikkeii 1.40% Europe 0.65% Oil...

EUR/USDCurrent level - 1.0660 The intraday bias is still negative below 1.0711 resistance, with a crucial level at 1.0768. Initial support is projected around...

US equities and USD in demandThe US markets made a good start to the week. The US equity indices pare gains amid Friday’s sell-off, while the USD is better bid against the majority of its G10...

GROWTHACES.COM Forex Trading StrategiesTaken PositionsEUR/USD: long at 1.0740, target 1.1000, stop-loss 1.0615GBP/USD: long at 1.4900, target 1.5270, stop-loss 1.4820USD/JPY: short at 119.35, target...

On Monday, the British Pound fell slightly against the US Dollar due to low volatility and the lack of economic news. The USD is under pressure caused by changes in dates for the interest rates...

US dollar The dollar index rose during the Asian session on Tuesday for the second day. American data will also be absent today from the economic calendar. EuroThe euro declined for the second day in...

The Reserve Bank of Australia minutes overnight offered relatively dovish guidance after comments by governor Glenn Stevens were published yesterday, in which he declared that the AUD is likely to...

The EUR/USD is in a sideways consolidation within a broader down-trend which has hit support from a major channel line in the 1.04s and is now going sideways. A break above the 1.0832 highs and the...

USD has turned unexpectedly lower last week so looks like that wave IV will be much bigger and more complex than on the first place. We updated the count now and looking at a triangle which especially...

EUR/USD The euro resumes descend after completing near-term consolidation above 1.0711, yesterday’s low, where the price fell after rejection on approach to 1.0847, last Friday’s...

Market BriefThe USD remains broadly in demand in Asia this morning after Wall Street ended in green. The S&P 500 gained almost 1%, the Dow Jones 1.17% while the Nasdaq climbed 1.27%; futures are...

EUR/USDThe euro remained lower against the U.S. dollar in quiet trade on Monday, as concerns over the lack of an agreement on economic reforms for bailout funds between Greece and its creditors...