Forex Opinion & Analysis

Talking Points GBP/NZD Opens in Range R3 Resistance Sits at 1.9499 Market Breakouts Signaled Under 1.9364 (Created using FXCM’s Marketscope 2.0 charts) The GBP/NZD has started today’s...

GBP/USD GBP/USD saw a further bout of weakness overnight, albeit not as extreme as yesterday, after the latest TNS poll revealed that support for independence has jumped by six points in the last...

Trade Ideas The US dollar made another push higher on Tuesday, driven by hopes the weak NFP will not change the Fed’s tightening plans and by higher Treasury yields. There are no important...

The greenback enjoyed an excellent day yesterday, posting substantial gains against the most commonly traded currencies. It rose 0.86% on the day against the loonie, 1.36% against the pound sterling,...

Currently the NZD/USD at 0.8275 in a channel. We are looking for a continuation to the S6 support area at 0.8230 with an overall target at 0.8138 this week. The average daily true range (ATR) for the...

USD/JPY rocketed through 105.60/70 with little hesitation to ensure the bull run continues as we now look for a target of 106.45/55 this week. It's likely this will hold a move higher today but...

The pound started the week with a 150-pip gap to the downside to open at a 10-month low of 1.6181, before recording another 10-month low at During today's Asian session! The reason behind this...

Talking Points:- USD/JPY breakout valid above NFP swing low of 104.65/70. - USD/CAD breakout, inv H&S begins above 1.1100. - Euro Punished by ECB’s New Measures as QE Remains on...

GROWTHACES.COM Trading Positions: AUD/USD: long at 0.9305, target 0.9470, stop-loss 0.9230 USD/JPY: long at 104.90, target 107.50, stop-loss 105.30 (stop-loss moved from 104.30 previously) USD/JPY...

Talking Points:UK Total Trade Balance (Jul): -£3348 Actual -£2300 Estimated Vs £2459 Prior. UK Total Trade Balance Non EU (Jul): -£4345 Actual -£3600 Estimated Vs...

The USD Gains Ground After the ECB Lowers RatesMario Draghi recently announced that new monetary policy measures would be adopted by the European Central Bank (ECB). The 18-nation bloc is currently...

The mighty dollar is basking in glory right across the boards, egged on by investors speculating that the Fed would strike a "less" dovish tone in its next policy statement on September 17. Also...

EUR/USD - European Session The pair dropped below 88.6% correction favoring to test the previous bottom at 1.2744 and perhaps 113% correction at 1.2580. Stability below 1.2890 is very negative as it...

EUR/USDCurrent level - 1.2870 The brief consolidation pattern above 1.2917 is already over and the downtrend is renewed, for a slide towards 1.2750. Initial intraday resistance lies at 1.2917 and...