Forex Opinion & Analysis

USD/JPY quotes dropped to a level of 115.85 last week, but the dollar won back losses on Friday, after upbeat information on the US consumer price index in December was published. At an annual rate,...

It is said that a week is a long time in politics. For those who traded the EUR/CHF last week, 10 seconds was a lifetime.No doubt further stories will surface over the upcoming days and weeks. But, as...

AUD/JPY is in uptrend and judging from the chart we can see that N 1 2 3 bullish pattern in currently in play. Any pullback towards 95.85-96.00 should provide bounce opportunities. For those which are...

As reality sinks in amid the market’s growing realization that the astonishing move from the Swiss National Bank (SNB) to remove the minimum exchange rate had far more to do with the...

GBP/USD (daily chart shown below) continues to carry a strong bearish bias as the modest pullback rally of early last week has failed thus far to make any significant headway.The currency pair...

Currently we are at 1.4125 in a bear flag. We are looking for the flag break and then a continuation to the Fibo support area @ 1.4009 with an overall target @ 1.3955. Remember USA Holiday today. The...

GROWTHACES.COM Forex Trading Strategies:Taken Positions:EUR/USD trading strategy: short at 1.1590, target 1.1375, stop-loss 1.1665USD/CAD trading strategy: long at 1.1880, target 1.2200, stop-loss...

Is the Latest Currency Decision A Swiss Miss? On Thursday, January 15, something rather unheard of happened in Switzerland: the central bank abandoned a four-year-old policy that pegged the Swiss...

EUR/USD has stabilized on Monday, after sharp losses late last week. In the European session, the pair is trading just below the 1.16 line. US markets are closed in celebration of Martin Luther King...

EUR/JPY Daily OutlookDaily Pivots: (S1) 134.98; (P) 135.57; (R1) 136.45; Intraday bias remains on the downside for 134.13 key support level. Decisive break there will carry larger bearish...

SNB coordinating damage control Draghi cannot afford to waiver Will the ECB “do whatever it takes”? China’s Q4 growth a little suspect Rate divergence is a major trading theme for...

Market BriefThe FX markets are heading into another important week, after sizeable squeezes triggered by the SNB’s stepping out of the EUR/CHF currency peg on January 15th. The fact that the...