Forex Opinion & Analysis

EUR/GBP:Currently we are at 0.7184. We are looking for a continuation to the 1.618 support area @ 0.7103 with an overall target @ 0.7059. The average daily true range (ATR) for the pair currently is...

Danmarks Nationalbank's (DN) decision yesterday to hike rates implicitly through an increase in banks' current account limit is in clear contrast to other central banks' easing monetary policy this...

USD/JPY Open 120.05 High 121.41 Low 119.66 Close 120.13 On Wednesday Dollar/Yen decreased significantly with 175 pips. The currency couple depreciated from 121.41 to 119.66 yesterday, matching the...

USD/JPY has been trading in a sideways channel of 121.00-122.00 for the last 3 weeks. However, the information published after the FED's meeting has influenced the currency market on the whole, and...

How’s that for irony? Prior to Wednesday’s FOMC decision, there was a complete over-fascination regarding whether the word “patient” would be removed from the committee’s...

The Swiss National Bank (SNB) today kept the Libor-target range unchanged at -0.25% to -1.25%, and maintained the rate on sight deposits at the current -0.75% (thresholds on sight-deposit accounts...

Federal Reserve Chair Janet Yellen has been a dollar bull’s friend for a very long time, but yesterday she took the first step to break that symbiotic relationship. Whereas investors have for...

Market Drivers For March 19, 2015 Euro puts in another massive volatility night SNB keeps rates on hold Nikkei -0.35% Europe 0.17% Oil $43/bbl Gold $1165/oz. Europe and Asia:NZD: GDP 0.8% vs. 0.8%SNB:...

EUR/GBP:The pair moved higher on Thursday, temporarily breaking above the trend-line drawn from the 0.8000 highs and possibly establishing a new v.short-term up-trend higher. Today it has weakened...

GROWTHACES.COM Trading Strategies:Taken PositionsEUR/USD: long at 1.0750, target 1.1000, stop-loss 1.0630, risk factor **NZD/USD: long at 0.7390, target 0.7590, stop-loss 0.7310, risk factor...

Market BriefThe USD has been squeezed heavily as the FOMC delivered a cautious statement at the end of its two day meeting. As widely expected, the Fed dropped its call for “patience”, yet...

EUR/USD:The pair spiked higher after the less hawkish FOMC statement yesterday. On the 4-hour chart, peak and trough progression is now up, and combined with the fact the pair broke above a...

KEY DATA RELEASES TODAY (GMT) :1015 EUR EU Economic Summit 1015 EUR Targeted LTRO 40.0B v 129.8B 1230 USD Current Account -103B v -100B 1230 USD Unemployment Claims 295K v 289K 1400 USD Philly Fed...

GBP/JPY Daily OutlookDaily Pivots: (S1) 177.68; (P) 179.33; (R1) 181.51; The strong recovery from 177.1 3in GBP/JPY mixed up the near term outlook and turn bias neutral first. Above 181.44 will...