Forex Opinion & Analysis

EUR/USD The euro probed below 1.10 support for the first time since Sep 2003, after ECB revealed details of bond-buying programme. Strong bearish tone persists on all timeframes and sees scope for...

EUR/USD – Bearish Price Action Below Resistance (4hr chart)Another day of losses for the Euro yesterday, briefly taking out the 1.10 barrier before bouncing slightly above it. We are now at 2003...

EUR/USDRisk reward: 2.59Volatility: HighDown at 1.1030 Limit 1.1062 Target 1.0947USD/JPYRisk reward: 2.25Volatility: HighUp at 119.94 Limit 119.62 Target 120.66GBP/USDRisk reward: 2.47Volatility:...

The premise of a currency war is that by devaluing its currency a country is able to sell things overseas more cheaply, which gooses its growth at the expense of its trading partners.If it actually...

AUD/USD for Friday March 6, 2015A few days ago the Australian dollar made repeated attempts to move up strongly to the resistance level at 0.7850 however it was rejected every time and sent back...

King US dollar is making an attempt to break above the 95 level, where a cluster of resistance had been holding it back for a few weeks. The opposite is being attempted by the euro, as it is...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Dollar - What Worries Us About NFPs Euro Hits Fresh 11.5-Year Lows, QE Begins March 9th CAD - Dismisses Stronger IVEY PMI NZD...

Latest CPI forecasts suggest near 2% inflation will not be reached heading into 2017 therefore potentially leaving the door open to QE continuing past September 2016Today’s session kicked off...

USD/JPY Open 119.58 High 120.37 Low 119.46 Close 119.67 On Wednesday Dollar/Yen decreased insignificantly with 35 pips. The currency couple depreciated from 119.83 to 119.46 yesterday, not matching...

AUDUSD holding above 7820/25 should target 7844/7748. A break above yesterday's high at 7759 then targets 7875 and perhaps as far as strong resistance at February highs at 7902/12.First support at...

Aside from the euro continuing to receive aggressive punishment ahead of the ECB interest rate decision and President Mario Draghi unveiling further details regarding the imminent QE program, the...

GROWTHACES.COM Forex Trading Strategies Trading Positions AUD/USD trading strategy: long at 0.7815, target 0.8020, stop-loss moved to 0.7725 Pending Orders EUR/USD trading strategy: buy at 1.0990, if...

The EUR/GBP is firmly trading below its downward trend line on a weekly time frame. The pair has pierced the Bollinger band and this piercing is taking place at an important level of support. The...

Markets are waiting to scrutinize Mario Draghi’s every word in a couple of hours. Investors and dealers want to know if he will say anything to change everyone’s assessment of the...