Forex Opinion & Analysis

*All the charts are 30M charts with daily pivot points.AUD/USD Market Scenario 1: Long positions above 0.7775 with target @ 0.7878. Market Scenario 2: Short positions below 0.7775 with target @...

The EUR/GBP has continued moving lower in line with the dominant down-trend. It has broken below major support from a lower channel line on the monthly chart – in a very bearish sign for the...

GROWTHACES.COM Forex Trading StrategiesTrading PositionsEUR/USD trading strategy: long at 1.1200, target 1.1450, stop-loss 1.1090GBP/USD trading strategy: long at 1.5400, target 1.5580, stop-loss...

US Dollar The US Dollar traded lower against its major peers after the mixed U.S. economic data released yesterday. The Institute for Supply Management's manufacturing purchasing managers' index...

Forex News and Events Following the PBoC rate cut and RBA’s surprise status quo, the Bank of Canada, Brazil (Wed), England and the European Central Bank (Thursday) decisions are on the...

KEY DATA RELEASES TODAY (GMT) :0930 GBP Construction PMI exp 59.0 v 59.1 1000 GBP BOE Gov Carney Speaks OVERNIGHT: USD/JPY manages to close above the psych 120 level last night in spite of somewhat...

EUR/USD Daily Analysis: We've been slowly building up equity in PRO this month (despite the infrequent free daily analysis), netting another 195 pips in the past couple weeks. The Euro has once again...

For the 24 hours to 23:00 GMT, the AUD weakened 0.60% against the USD to close at 0.7759.LME Copper prices rose 0.26% or $15.5/MT to $5896.0/MT. Aluminium prices rose 0.14% or $2.5/MT to $1797.0/MT.In...

For the 24 hours to 23:00 GMT, the USD rose 0.48% against the CHF and closed at 0.9586. The Swiss franc traded on a weaker footing, after Switzerland’s SVME PMI dropped to a level of 47.3 in...

For the 24 hours to 23:00 GMT, the USD strengthened 0.39% against the JPY and closed at 120.19.In the Asian session, at GMT0400, the pair is trading at 119.73, with the USD trading 0.38% lower from...

For the 24 hours to 23:00 GMT, the EUR traded a tad lower against the USD and closed at 1.1180.Losses were kept in check, after unemployment rate in the Euro-zone unexpectedly slid to a 33-month low...

For the 24 hours to 23:00 GMT, the EUR traded a tad lower against the USD and closed at 1.1180.Losses were kept in check, after unemployment rate in the Euro-zone unexpectedly slid to a 33-month low...

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 1.5390, which will be followed by reaching resistance level...

EUR/USD Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.1195, which will be followed by reaching resistance level...