Forex Opinion & Analysis

GROWTHACES.COM Forex Trading StrategiesTaken PositionsEUR/USD: long at 1.1245, target 1.1495, stop-loss 1.1145, risk factor **GBP/USD: long at 1.5500, target 1.5750, stop-loss 1.5380, risk factor...

The USD/RUB pair is trading above its upward trend line on a 4 hour time frame. This confirms that the trend is towards the upside. In order to get a clear confirmation of the trend, it is best to use...

Developments in Greece were in the spotlight in the past few days as the IMF said Thursday it was stopping negotiations with Greece due to a lack of progress and as senior European Union officials had...

Market Drivers for June 15, 2015 Greek talks remain in limbo; Tsipras to hold cabinet meeting UK Funds create contingency plans in case of Brexit Nikkei -0.09% Europe -1.10% Oil $59/bbl Gold...

The relentless mixed sentiment towards the USD has continued to work in the favour of the Pound bulls and resulted in the Pound/Dollar climbing to a monthly high at 1.5597 at the end of last week....

The EUR/USD pair remains in consolidation mode as investors await a conclusion to the Greek crisis. The FOMC on Wednesday is another major event worth noting this week. There is a marginal upside...

The market is waking up to fresh Greece worries as there was no further progress over the weekend in Brussels, and as the clock ticks ever louder into the end of this month in just over two weeks. The...

Market Commentary There was more Greek drama over the weekend, as negotiations on Greece’s bailout terms ended with a deadlock again as Greek officials and creditors failed to produce any...

Talking Points: EUR/JPY Technical Strategy: Flat Support: 137.51, 135.33, 133.56 Resistance:138.86, 141.04, 142.51 The euro continues to mark time in a narrow range above the 137.00 figure...

EUR/USDRisk reward: 2.91Volatility: HighUp at 1.1188 Limit 1.1156 Target 1.1281USD/JPYRisk reward: 1.63Volatility: AverageUp at 123.33 Limit 123.01 Target 123.85GBP/USDRisk reward: 2.19Volatility:...

USD/JPY reached new highs recently around 126 from where we have seen a nice bearish turn with acceleration beneath 123.00 after broken channel line of a blue wave (3). Despite some aggressive selling...

The euro started the day lower in Asian trading as failure on Sunday for Greece to reach an agreement with its creditors dragged down the single currency. There were reports that the talks lasted less...

GBP/JPY Daily OutlookDaily Pivots: (S1) 191.37; (P) 191.79; (R1) 192.35; Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend is expected to extend to 100% projection of...

EUR/USDThe euro dropped as the European Commission said the talks in Brussels had broken up after just 45 minutes with the divide between what creditors asked of Greece and what its government was...