Forex Opinion & Analysis

As of Friday’s European close, EUR/USD was in the midst of one of its slowest weeks in recent memory: rates had consolidated in just a 114-pip range, despite a number of second-tier data...

Aside from the USD recovering some of its sudden losses from Friday evening, the currency markets have been slightly quieter on Monday. After appreciating as high as 1.2576 earlier in the day, the...

EUR/USD In-line with the broader market trends, EUR was initially out-muscled by the broadly stronger USD as the pair lingered above the 1.2500 handle. However, the pair then slipped below this level...

Currently we are at 1.5780 in a descending wedge which is bearish. We are looking for a continuation to the Support area at 1.5692 with an overall target at 1.5647.  The average daily true range...

GROWTHACES.COM Trading Positions EUR/USD: short at 1.2560, target 1.2330, stop-loss 1.2640 USD/JPY: long at 115.00, target 117.70, stop-loss 115.00 USD/CHF: long at 0.9560, target 0.9760, stop-loss...

It has been a heavy week for the EUR/CHF. As the propagandas for the Swiss Gold Referendum gain pace, the leveraged FX flows and put options weigh on the EUR/CHF spot markets. The 1.20 floor is...

Market Drivers November 17, 2014USD/JPY takes out 117.00 after weak GDP , but steep drop in Nikkei reverses moveHSBC pushes forecast to BoE rate hike to 2016 Nikkei -2.96% Europe .79%Oil $75/bblGold...

The news shaking the currency market overnight was Japan’s Q3 GDP release, which saw one of the worst surprises on the record, showing markedly negative -0.4% quarter-on-quarter growth versus...

EUR/USDCurrent level - 1.2523 Friday's upswing signals, that the prolonged consolidation above 1.2357 is still underway and there is a risk of one more upswing towards 1.2600 area before renewal of...

GBP/JPY Daily OutlookDaily Pivots: (S1) 181.66; (P) 182.16; (R1) 182.72; At this point, GBP/JPY is holding above 181.07 minor support and intraday bias remains neutral. As long as 181.07 support...

Introduction to the Forex "Ranking & Rating list" and the "Currency Score"After using TA charts for some time on Forex just like with stocks it became very clear that there is a benefit with Forex...

The USD/JPY foreign exchange pair has been in a strong uptrend. Earlier today it climbed to as high as 117.04, but reversed sharply to the downside after that. Is this pull-back set to extend?...

The week starts with bad news out of Japan. Japanese economy unexpectedly entered recession amid 3Q preliminary GDP reading showed 1.7% q/q annualized contraction (vs. 2.2% exp. & previous -7.1%...