Forex Opinion & Analysis

AUD/USDOne of the notable movers overnight was AUD following the significantly better than expected Australian jobs report. In terms of the report, the M/M employment change reading showed the biggest...

Currently the EUR/AUD is at 1.4189. We are looking for a continuation to the Resistance area at 1.4223 ( Day trend) and then a move lower there. The average daily true range (ATR) for the pair...

The USD/JPY has recently broken the early 2014 high of 105.50 and is now back to 2008 levels. The upside break of the post global financial crisis high is important, both fundamentally and technically...

GBP/USD:Pulled Away From 10-Month Low After Survation Poll. The poll, carried out by Survation for the Daily Record newspaper, showed 47% intending to vote "Yes" while 53% intend to vote against. The...

Talking PointsNZD/USD Technical Strategy: Shorts Preferred Recovery Questionable With Reversal Patterns Lacking Daily Close Below 0.8260 Opens Grind Towards 0.8060 The NZD/USD has extended its recent...

The EUR/USD continues to show little movement on Thursday, as the EUR/USD trades quietly in the low-1.29 range. On the release front, German CPI slipped to 0.0% last month, matching the...

EUR/USDCurrent level - 1.2925 Still in the consolidation pattern above 1.2858, so allow a tighter test f 1.2995 resistance area before drowning towards 1.2750 major support zone. USD/JPYCurrent level...

The pound bounced from 1.6050 yesterday in a very exciting manner, reaching 1.6263 so far (this is the current daily high at the time of preparing this report). This rising move has already...

GrowthAces.com trading position on the USD/CAD: Long at 1.0940, the target is 1.1050 and stop-loss is 1.0890. A stronger manufacturing sector boosted Canada's industrial capacity use to 82.7% in the...

Who wants independence?: Scottish Referendum fever continues to grip market price action. Euro bourses (STOXX Euro 600 +0.4%, FTSE 100 +0.2%) have been thrown a lifeline, helped by the most...

GrowthAces.com trading position on the AUD/USD: stand on the sidelines, mixed outlook. Australian employment surged by 121k in August, the biggest rise in at least three decades and far beyond...