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GROWTHACES.COM Forex Trading StrategiesTaken PositionsEUR/CHF: long at 1.0670, target 1.0990, stop-loss 1.0570Pending OrdersEUR/USD: sell at 1.0700, if filled – target 1.0335, stop-loss...
Forex News and Events The UK’s industrial and manufacturing production contracted by 0.1% and 0.5% in January, respectively. The unexpected slowdown in manufacturing output is mostly due to 9.5%...
Dollar strength concerns markets Currency moves is doing the Fed’s work Euro demand for U.S assets intensifies China needs further policy support The global rate differentials argument continues...
Market BriefThe EUR/USD continues sliding lower amid last minute uncertainties on whether negotiations with Greece would start in Athens as scheduled today. The pair hit 1.0666 as Asian traders...
GBP/USD M pattern forming with fresh bearish momentumGBP/USD has entered a new bearish momentum and we can see that M 1 2 3 reversal pattern is forming on H1 time frame. Until break of 1.5025 confirms...
US Dollar IndexThe U.S. dollar traded mixed against its major peers on Wednesday, still supported by speculations on a rate hike in June. Job openings climbed to 4.998 million in January from 4.877...
The USD rally was perturbed in places yesterday by a downdraft in risk appetite. A significant driver, if not the main driver, of the latter is the sheer, unrelenting momentum of the USD strength,...
Talking Points: Euro, Japanese yen Looking to Greek Debt Negotiations for Direction Cues Aussie and New Zealand dollars Slide on Risk Aversion, Soft Chinese Economic Data Greece is in the spotlight...
The EUR/USD pair has sold off sharply and reached major support from the lower line of a large descending channel visible on the monthly chart, at 1.0650.This is such an important support line that...
Sometimes these updates write themselves, especially when we are seeing a currency collapse in the way that the euro is at the moment. EUR saw fresh multi-year lows against most G10 currencies...
EUR/USD The euro trades in near-term consolidative phase around 1.07 handle, which was lost on yesterday’s extension to 1.0665. Tight Doji in Asian session confirms consolidation, with the...
EUR/USDThe euro slipped below 1.07 against the U.S. dollar on Tuesday reaching a 12-year low, as uncertainty of the euro zone's bond buying program combined with expectations of a pending interest...
EUR/USDRisk reward: 2.37Volatility: HighDown at 1.0696 Limit 1.0728 Target 1.0620USD/JPYRisk reward: 2.22Volatility: HighUp at 121.14 Limit 120.82 Target 121.85GBP/USDRisk reward: 2.31Volatility:...
GBP/USD Open 1.5074 High 1.5111 Low 1.5027 Close 1.5051 On Tuesday Pound/Dollar decreased with 80 pips. The Cable depreciated from 1.5111 to 1.5027 yesterday, in line with the negative money flow...
The euro continued its seemingly unstoppable slide during today’s Asian session dipping below the 1.07 mark against the US Dollar and trading as low as 1.0665. The euro also made an 18-month low...