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GROWTHACES.COM Forex Trading Strategies:Trading Positions:EUR/USD trading strategy: long at 1.1300, target 1.1550, stop-loss 1.1240GBP/USD trading strategy: long at 1.5080, target 1.5300, stop-loss...
Market Drivers for January 28, 2015 GE CPI turns deflationary Aussie battered to 7800 Nikkei -1.06% Europe -.83% Oil $44/bbl Gold $1276/oz. Europe and AsiaAUD: LEI 0.1% vs. -0.2%EUR: GE Unemployment...
The euro is flat on Thursday, as EUR/USD trades at the 1.13 line in the European session. On the release front, German Preliminary CPI will be released later in the day. The markets are braced for a...
EUR/USDCurrent level - 1.1283 The intraday bias is still negative below 1.1304 minor resistance and crucial on the upside is 1.1420 high. A break through the latter will expose 1.1460, followed by...
KEY DATA RELEASES TODAY (GMT) :1100 GBP CBI Realized Sales exp 31 v 61 1330 USD Unemployment Claims exp 301K v 307K 1500 USD Pending Home Sales m/m exp 0.6% v 0.8% OVERNIGHT: Generally a lacklustre...
NZD/USD has confirmed the downtrendNZD/USD has confirmed the downtrend on dovish RBNZ statement and we can see that there is a huge drop in pair. POC1 stands around 7350 and it is a zone where we...
Global investors bet U.S. rate hikes are less likely to start soon after the Federal Reserve said inflation was running below forecasts. U.S. stocks, after spending most of the session higher,...
The Federal Reserve decided to wait and see what will happen with the US economy – this is a balanced stance, but still more hawkish when those of the other central banks, so the prospects for...
GBP/JPY Daily OutlookDaily Pivots: (S1) 177.26; (P) 178.31; (R1) 178.99; Intraday bias in GBP/JPY remains neutral for the moment as consolidation from 175.86 continues. But still, as long as 180.93...
Market BriefThe Fed verdict has been less-dovish-than the market positioning, as suspected. The FOMC kept rates unchanged, dropped “considerable tome” rhetoric while calling the markets...
EUR/USD The euro came under pressure and reversed to 1.1260, mid-point of 1.1096/1.1421 corrective rally, after upside attempts stalled at 1.1421, capped by falling daily 10SMA / Tenkan-Sen....
Today’s Binary Options Trading Strategy:• Currency Pair: GBP/USD • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary call options on dips below...
EUR/JPY maintains its bearish trend in the medium term and is neutral on an intra-day basis. The recovery looks limited after bouncing from a low of 130.13. The pair rallied to 134.34 yesterday before...
The euro-yen pair has been trending downwards in a fairly consistent fashion recently.A consolidative pennant pattern could point to an impending breakout that will see the bearish trend continue. The...