Forex Opinion & Analysis

USD/JPY Open 121.29 High 121.53 Low 121.09 Close 121.31 On Tuesday Dollar/Yen continued trading within narrow 45 pip range. The currency couple depreciated from 121.53 to 121.09 yesterday, matching...

EUR/USD, H4Let’s look at the four-hour chart. The Tenkan-sen line has crossed Kijun-sen from below under the cloud, forming the first signal of trend reversal. However, the upward impetus...

Market Drivers For March 18, 2015 BOE remains on hold cites strong GBP UK Wage data disappoints sends GBP below 1.4700 Nikkei 0.55% Europe -0.25% Oil $42/bbl Gold $1145/oz. Europe and Asia:GBP: UK...

KEY DATA RELEASES TODAY (GMT) :0930 GBP Claimant Count Change -30.6K v -38.6K 0930 GBP Unemployment Rate 5.6% v 5.7% 0930 GBP Average Earnings Index 3m/y 2.2% v 2.1% 0930 GBP MPC Asset Purchase...

*All the charts are 30M charts with daily pivot points.AUD/USD Market Scenario 1: Long positions above 0.7628 with target @ 0.7672. Market Scenario 2: Short positions below 0.7628 with target @...

GROWTHACES.COM Forex Trading StrategiesTaken PositionsEUR/USD: short at 1.0630, target 1.0400, stop-loss 1.0730, risk factor **GBP/USD: short at 1.4845, target 1.4650, stop-loss 1.4740, risk factor...

The aussie was rising in a correction, but this ran out of steam, and started to fall back, possibly resuming the dominant down-trend. The probabilities favour the extension of the trend lower, with...

EUR/USD - Technical Report Just below our previous defined technical objective for the recovery, the EUR/USD pair has showed bearish tendencies once again with the major downtrend. Additionally, a...

Forex News and Events The financial markets are broadly in wait-and-see mode, waiting for the outcome of the two-day FOMC meeting due at 18:00 GMT. The Fed is widely and enthusiastically expected to...

Cable has resumed its longer-term down-trend and pushed lower, moving towards the next target for the pair situated at the 1.4600 round-number. Those not already in a trade might wish to enter at a...

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

The EUR/USD pair has formed an a-b-c correction visible on the 4-hr chart, which has pushed above a down-sloping trend-line, but has now stalled and is consolidating as traders await the results of...

GBP/JPY Daily OutlookDaily Pivots: (S1) 179.07; (P) 179.63; (R1) 180.47; Intraday bias in GBP/JPY remains on the downside for 175.49 support. Break will extend the fall from 189.70 to 168.10 key...

The forex markets remained steady as markets await two key events of the week. The first one is BoE minutes to be released during European session. Markets expected the minutes to show unanimous...