Forex Opinion & Analysis

Forex News and EventsThe Nikkei surged to 19,789, a level not seen in 15 years. The catalyst is growing evidence that the BoJ will be forced to introduce additional stimulus in 2015. The BoJ wrapped...

EUR/USDCurrent level - 1.0844 The downtrend from 1.1036 bottomed preciselly above 1.0800 support and my outlook is counter-trend, for a break through the crucial high at 1.0885, en route to 1.1050...

*All the charts are 30M charts with daily pivot points.AUD/USD Market Scenario 1: Long positions above 0.7705 with target @ 0.7775. Market Scenario 2: Short positions below 0.7640 with target @...

Following yesterday’s statement from the RBA, which brought a temporary halt to the recent, long-term bearish sentiment for the Aussie dollar, the EUR/AUD has continued to move lower in early...

EUR/USD The euro remains at the back foot in the near-term, with yesterday’s close in long red candle, confirming negative stance. Dips found temporary support at psychological 1.08 level,...

Talking Points: US dollar, yen, Commodity FX Set Sights on March FOMC Meeting Minutes New Zealand dollar Gains Alongside Asian Stocks on Firming Risk Appetite A relatively quiet economic calendar in...

On Monday the EUR/USD pair traded in the range of 1.0909-1.1035. Following the rise at the end of last week, the pair made a failed attempt to go above the resistance level of 1.0950 and is now...

KEY DATA RELEASES TODAY (BST) : 10:00 EUR Retail Sales m/m -0.1% v 1.1% 14:30 USD FOMC Member Dudley Speaks 15:30 USD Crude Oil Inventories 3.3M v 4.8M 19:00 USD FOMC Meeting...

GROWTHACES.COM Forex Trading Strategies:Taken PositionsEUR/USD: long at 1.0915, target 1.1180, stop-loss 1.0780, risk factor *GBP/USD: long at 1.4820, target 1.5000, stop-loss 1.4740, risk factor...

GBP/USD Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.4800, which will be followed by reaching resistance level...

EUR/USD Main scenario:The pair is trading along an local uptrend.The uptrend may be expected to continue while pair is trading above support level 1.0810, which will be followed by reaching resistance...

EUR/GBP has been trading within a sideways range as seen on the provided daily graph. Actually, failure to maintain levels above 0.7400 could be the main catalyst that sent the pair lower below...

GBP/JPY Daily OutlookDaily Pivots: (S1) 177.27; (P) 177.77; (R1) 178.36; With 180.10 minor resistance intact, deeper fall is expected to 175.49 support. Break will extend the fall from 189.70 to...