Forex Opinion & Analysis

GROWTHACES.COM Forex Trading Strategies: Trading Positions: EUR/USD trading strategy: long at 1.1220, target 1.1550, stop-loss 1.1090 GBP/USD trading strategy: long at 1.5080, target 1.5250, stop-loss...

After attempting to find its feet around the 1.51 region earlier this morning, the GBP/USD pulled back to a daily low at 1.5092 following the annualised UK GDP for the 4th quarter data falling...

Market Drivers for January 27, 2015 CHF pairs remain in turmoil GBP UK Data misses Nikkei 1.72% Europe -.71% Oil $45/bbl Gold $1281/oz. Europe and AsiaAUD: NAB Confidence 2 vs. 1GBP: GDP 0.5% vs. 0.6%...

KEY DATA RELEASES TODAY (GMT) :0930 GBP Prelim GDP q/q exp 0.6% v 0.7% 0930 GBP BBA Mortgage Approvals exp 36.6K v 36.7K 1330 USD Core Durable Goods Orders m/m exp 0.6% v -0.4% 1330 USD Durable Goods...

USD/JPY heading for strong resistance again at 118.80/85. Try shorts with a stop above 119.00. A break above the five-day range today is positive, so be ready to go with a break to target 119.30/35...

GBP/USD will need to hold above 1.5070 to continue the recovery and beat today's first resistance at 1.5105/10 to target strong resistance at 1.5145. A good chance of a high for the day here to try...

AUD/USD meets strong resistance at 7940/45 again today. Shorts need a stop above 7970. Be ready to go with a break higher using 7950/7940 support to target 7990/7995. Exit longs here and try shorts at...

The euro continues to post gains on Tuesday, as EUR/USD trades just above the 1.13 line in the European session. On the release front, there are no eurozone economic reports. EU finance ministers will...

The dollar grew against a basket of major currencies on Monday after the Syriza party won the Greek election. The party does not support austerity measures and the radical party's ascent to power may...

The Euro rebounded from two days of sharp losses on Monday even after an anti-bailout party was victorious in Greek elections, while Global stock indexes went up on confidence in the European Central...

EUR/USD - European Session The pair failed to breach 1.1300 levels and dropped again, while stabilizing below the referred to level is negative and support the downside move. Breaking 1.1200 and...

GBP/JPY Daily OutlookDaily Pivots: (S1) 176.59; (P) 177.76; (R1) 179.77; Intraday bias in GBP/JPY remains neutral for the moment as consolidation from 175.86 continues. But still, as long as 180.93...