Forex Opinion & Analysis

Making their way through the penultimate day of the trading week, investors are still trying to digest yesterday’s confusing FOMC minutes and the dollar is mixed as a result. Meanwhile, the...

Currently we are at 1.4174 but in an unsustainable trend. We are looking for a correction and then a continuation to the 0.618 Fibo support area at 1.4089 with an overall target at 1.3906. The average...

Technical Analysis on April 9*All the charts are 30M charts with daily pivot points. AUD/USD Market Scenario 1: Long positions above 0.7681 with target @ 0.7730. Market Scenario 2: Short positions...

As we expected, the Monetary Policy Committee (MPC) voted to maintain the Bank Rate and the stock of purchased assets at 0.50% and GBP375bn, respectively. When the minutes are published on 22 March,...

No surprise from the FOMC minutes, USD recoversThe March 17-18 FOMC meeting minutes did not surprise us yesterday. With the dovish shift in Fed policy being already priced in, yesterday’s...

USD/JPY Open 120.17 High 120.39 Low 119.63 Close 120.11 On Wednesday Dollar/Yen decreased with 70 pips. The currency couple depreciated from 120.35 to 119.63 yesterday, not matching the positive money...

StrategyThe USD rally paused following the March Fed meeting, as the FOMC voiced concern over the recent downside surprises in US data. We think the time has now come for another leg lower....

Today’s Binary Options Trading Strategy:• Currency Pair: GBP/USD • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary call options on dips below...

GROWTHACES.COM Forex Trading Strategies:Taken PositionsAUD/USD: long at 0.7600, target 0.7800, stop-loss moved to 0.7610, risk factor **EUR/GBP: long at 0.7270, target 0.7450, stop-loss 0.7190, risk...

Market Drivers for April 09, 2015 Dollar buying continues UK Trade wider that forecast Nikkei 0.75% Europe 0.46% Oil $51/bbl Gold $1195/oz. Europe and AsiaAUD: AIG Construction 50.1 vs. 43.9EUR: GE...

Electoral uncertainty may be receding somewhat ahead of the 7 May election date. As we wait for the full cross-section of polls following the second round of the TV debate last week, speculation...

Yesterday’s Federal Open Market Committee minutes were far more hawkish than the market believed they would be, as there was a robust discussion of whether the US Fed should already move in...