Forex Opinion & Analysis

Currently we are at 185.49. We have bounced  and looking for a steady continuation to the R6/1.618 Fibo area at 187.38.  The average daily true range (ATR) for the pair currently is 193...

While the Fed ended its third round quantitative easing in the US, Japan shocked everyone by expanding its QE to an unprecedented level and the Eurozone is on the verge of commencing QE to prevent...

EUR/USD is stable on Monday, as the pair trades at the 1.24 line in the European session. On the release front, there was good news out of Germany, as  Ifo Business Climate improved to 104.7...

GROWTHACES.COM Trading PositionsUSD/JPY: long at 117.50, target 119.80, stop-loss 116.60USD/CHF: long at 0.9560, target 0.9760, stop-loss 0.9630EUR/CHF: long at 1.2025, target 1.2095, stop-loss...

Market Drivers November 24, 2014 GE IFO - 104.7 vs. 103.0 Swiss employment better 4.23M vs. 4.22M Nikkei-holiday; Europe .39% Oil $76/bbl Gold $1197/oz. Europe and AsiaCHF: Employment 4.23M vs....

This article will provide:The weekly currency chart for the analyzed pair. The daily(timing) chart for the analyzed pair. Possible positions for the coming week and positions taken. According to the...

KEY DATA RELEASES TODAY:0900GMT EUR German IFO Business Climate exp 103 v 103.2 OVERNIGHT: A very quiet start to the week in Asia as far as G10 FX is concerned. EURUSD, while some 40pips higher than...

The market closed more than 1% higher boosted by China's rate cut news Miners led the surge, particularly Fortescue Metals, which rose more than 10% AUDUSD went up more than 100 pips breaking...

Market BriefThe Chinese equities kick-started the week; HSI rallied to 23,936 , Shanghai Composite extended gains to three year highs following PBoC’s 25 bps cut (to 2.75%) in 1-year deposit...

The Australian dollar is trading higher after the Chinese government decided to cut Interest rates on Friday to boost its flagging economy. Today the Australian dollar is sitting at around US86.82...

For the USD/JPY, 2014 could best be described in football terms as a game of two halves, when viewed from almost every perspective. Perhaps the most descriptive timeframe to consider is the weekly...

EURUSD The Euro maintains negative tone after last Friday’s sharp fall followed rejection at 1.2570, trendline resistance and nearly fully retraced 1.2357/1.2597 upleg. Long red candle of last...

The U.S. Dollar concluded the past week at a lower price versus the Yen, but rallied against many other Forex majors as speculators and Hedge Funds boosted wagers that the greenback may extend its...