Forex Opinion & Analysis

Will Draghi stand and deliver? Market ready to punish the ECB EUR shorts need a surprise Where is the reserve ammo? The EUR bear finds out his or her own fate in a matter of hours. Will Mario Draghi...

KEY DATA RELEASES TODAY (GMT) :1245 EUR ECB Minimum Bid Rate exp 0.05% v 0.05% 1330 EUR ECB Press Conference 1330 USD Unemployment Claims exp 301K v 316K OVERNIGHT: USD/JPY was better bid in Asian...

Market Drivers For January 22, 2015 Muted Asian trade as markets await Draghi presser UK Public Sector Net borrowing rises on payment to EU Nikkei 0.28% Europe 0.19% Oil $47/bbl Gold $1289/oz. Europe...

Forex News and Events The European Central Bank gives policy verdict today and is expected to announce the much expected Quantitative Easing (sovereign bond purchases) in order to fight the deflation...

The single European currency is trading in a narrow range of 100-120 points. The pair did not manage to consolidate above yesterday's maximum of 1.1665 and dropped to a level of 1.1600.The currency...

GROWTHACES.COM Forex Trading Strategies: Taken Positions: EUR/USD trading strategy: long at 1.1590, target 1.1900, stop-loss 1.1440 GBP/USD trading strategy: long at 1.5110, target 1.5390, stop-loss...

Market Brief Today’s key event is the much expected ECB meeting. The ECB is expected to announce a full blown QE and the expectations are running quite high. The consensus is the announcement of...

EUR/USD - European Session The pair is trading once again below 1.1625 strengthening our previously suggested negative expectations, and holding below 1.1625 is negative and support extending...

GBP/JPY Daily OutlookDaily Pivots: (S1) 177.11; (P) 178.52; (R1) 179.99; Intraday bias in GBP/JPY remains neutral for the moment after drawing support from 61.8% retracement of 168.01 to 189.70 at...

EUR/USD is slow and choppy, more importantly, we see a three wave rise from the low that found resistance yesterday near upper channel line, which means that EUR/USD is most-likely still in a...

EUR/USD The euro holds within a narrow-range, awaiting the verdict from today’s meeting of ECB. Near-term tone remains weak, with yesterday’s probe above daily, sideways-moving...

The Royal Bank Of Canada (TO:RY) became the latest central bank to switch its monetary policy stance and provide the markets with an unexpected surprise yesterday. The RBC cut its benchmark interest...