Forex Opinion & Analysis

NZD/USD short setup targeting 7800-7760NZD/USD is showing nice confluence for short setups at 7875-7890 zone. We can spot M 1 2 3 bearish pattern, an inner trend line, intra month trend line ,...

The monetary tectonic plates are shifting, and predicting the next global financial earthquake is relatively easy.I recently suggested that the devaluation of the yen was Japan's Monetary...

Good morning. Hope all is well. We have had a good moderate forecast for yesterday with 4 out of the 7 pairs conforming to our predictions. Specially the two Oceanic pairs performed well. Both US...

One theme we’ve been consistently highlighting over the last few weeks is policymakers’ (and thus traders’) increasing focus on inflation reports. With price pressures in many...

AUD/USD – Heavily one-sided retail FX trader sentiment warns that the Australian Dollar will likely continue lower against the USD. Trade Implications – AUD/USD:The majority of open retail...

NZD/USD – Retail FX traders remain long the New Zealand Dollar and continued buying through the past week, and said fact gives us a steadily bearish contrarian trading bias. Trade Implications...

Talking Points EUR/USD probes key upside pivot GBP/USD stalls after making a new low for the year USD/JPY fails just shy of 119.00 Foreign Exchange Price & Time at a Glance Price & Time...

The Canadian dollar has posted modest gains on Thursday, as USD/CAD trades at the 1.13 line. On the release front, Canadian Wholesale Sales jumped 1.8% in September. Over in the US, there...

With global central banks collectively shifting their focus to inflation, or the lack thereof, traders were awaiting today’s US CPI release with bated breath. Expectations were very subdued...

GROWTHACES.COM Trading PositionsEUR/USD: short at 1.2550, target 1.2400, stop-loss 1.2620USD/CHF: long at 0.9560, target 0.9760, stop-loss 0.9530EUR/CHF: long at 1.2025, target 1.2095, stop-loss...

Fed announcements usually end up having the largest market impact, and yesterday’s FOMC October minutes were trying not to be “the” exception. Nevertheless they seem to have failed,...