Forex Opinion & Analysis

EUR/USD - Technical Report After touching the main rising trend line, the pair rose again. On the other hand, EUR/USD pair still trading below linear regression indicators. Trading below 1.1045 will...

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...

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...

Yen is mildly higher while Japanese Nikkei 225 surges to 15 year high as BoJ left monetary policies unchanged as widely expected. BoJ maintained the pledge to increase monetary base at annual pace of...

Apparently some traders were pricing in the risk of a dovish Bank of Japan meeting overnight, given the sluggishness in Japan’s economy and the clear lack of progress towards the bank’s...

Today, of course, is FOMC day with the minutes due at 2.00 pm EST. Following in the wake of the dire NFP data on Friday, it will be more than interesting to see whether the tone from the Fed has...

EUR/USDThe euro remained lower against the U.S. dollar on Tuesday, after the release of disappointing euro zone service sector data. Market research group Markit reported that the euro zone's services...

Looking at the upcoming Wednesday session, without a doubt the most important announcement to us will be the FOMC Meeting Minutes. With that, we could see a significant amount of volatility in the US...

The dollar remained broadly higher against most major currencies in a quiet trading session on Tuesday, where the dollar recovered some of the losses posted after Friday's disappointing U.S....

Market BriefIn the Asian session, the big story was the announcement that the BoJ kept its massive monetary stimulus unchanged, restating that Japan’s economy is not out of the woods yet and...