Forex Opinion & Analysis

For the 24 hours to 23:00 GMT, the EUR rose 0.35% against the USD and closed at 1.2475.In economic news, monthly consumer prices in Germany, registered a drop of 0.3% in October, registering a 4th...

The AUD set up nicely for a short trade consistent with the trend. An interesting note here is the Reserve Bank of Australia has not ruled out intervention and has repeated that the AUD/USD...

As my colleague Chris Tedder noted earlier today, the Australian dollar was hit by a one-two punch of weak Chinese data and comments from RBA Deputy Governor Kent, who stated that the RBA would not...

Possible pullback to POC zonesAUD/NZD shows a strong confluence around POC1 and POC2 respectively. POC1 shows multiple fibs + DPP+ H3 in the 1.1085 - 1.1095 zone. POC 2 is the combination of inner...

EUR/USD remains in a short-term triangle: on Thursday the price pushed higher to 1.2470. In our view, the triangle will likely be broken to the downside. The market setup remains bearish as long as...

Currently we are at 102.08. We have a rising wedge which is BEARISH and looking for a correction to the 0.214 Fibo support area @ 100.82 with an overall target next week @ 99.73. The average daily...

EUR/USDCurrent level - 1.2461 My outlook on the senior fames remains bearish, for a break through 1.2393 crucial low, en route to...

Sterling bulls stung by QIR The “Wonder” from down-under hurt by RBA comments Japan to weaken Yen by any means Swiss Francs Fraught with Risk This market is a natural US Dollar lover,...

GROWTHACES.COM Trading Positions EUR/USD: short 1.2470, target 1.2330, stop-loss 1.2540 GBP/USD: short 1.5910, target 1.5730, stop-loss 1.6000 USD/JPY: long at 115.00, target 117.70, stop-loss 114.20...

It’s been a quiet week for EUR/USD and this lack of activity continues on Thursday, as the pair trades in the mid-1.24 range in the European session. On the release front, French CPI came...

Market Drivers November 13, 2014RBA's Kent hints at intervention sends Aussie on a wild rideChinese Industrial Production missesNikkei 1.14% Europe .93%Oil $7/bblGold $1159/oz.Europe and Asia:AUD M1...

Late yesterday, the European Central Bank’s Jens Weidmann was out stressing that the ECB isn’t like the Federal Reserve, Bank of England or the Bank of Japan and that it is unlikely that...

Market Brief Japan stocks took a lift as politicians gave more clarity on December snap elections. The Japan PM Abe asked his party to prepare for December elections (Nikkei), while ex Deputy PM...