Forex Opinion & Analysis

Focus remains on Greece and ECB EUR pares weekly gains on service PMIs U.K. services stumps sterling Pound bulls look to Draghi for help The current forex climate is a trader’s dream. The...

GROWTHACES.COM Forex Trading StrategiesTaken PositionsUSD/JPY: short at 124.15, target 122.20, stop-loss 125.10, risk factor **USD/CAD: short at 1.2490, target 1.2250, stop-loss moved to 1.2490, risk...

Yesterday, the European currency grew against the American dollar. From the opening price of 1.0927, the pair went to 1.1150 by the end of the day. At the moment, euro is at the level of 1.1180 and...

AUD/USD must hold above 7765/60 now to continue higher and target 7805/15. This is the main challenge for bulls as we become overbought short term, and a high for the day is possible. Sell here, stop...

Market Drivers for June 03, 2015 Euro drifts to 1.1100 as Greece talk drag on UK PMI Services misses badly Nikkei -.34% Europe 0.20% Oil $60/bbl Gold $1188/oz. Europe and AsiaAUD: GDP 0.9% vs...

Market Commentary USD on the backfoot as Bund yields and commodities regain composure, EUR/USD gained nearly two percent on further unwinding of the Euro QE trade, ECB data regarding bond purchases...

The overall bias is to the upside with the 4-hour chart showing established peak-and-trough progression higher and the spike higher yesterday, which pushed the exchange clearly above the monthly pivot...

The dollar posted a sharp drop to weekly lows versus most major currencies on Tuesday after the U.S. Commerce Department announced a decrease in factory orders for a sixth straight month, something...

AUD/USDMarket Scenario 1: Long positions above 0.7840 with target at 0.7908. Market Scenario 2: Short positions below 0.7722 with target at 0.7654. Comment: The pair climbed higher than expected due...

We saw a vicious squeeze across the board in euro, purportedly on the prospects of an imminent deal between Greece and its creditors as well as a higher CPI print. The Financial Times, among others,...

Today’s Binary Options Trading Strategy:• Currency Pair: USD/JPY • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary put options on rallies above...

EUR/USDRisk reward: 2.84Volatility: HighDown at 1.1190 Limit 1.1222 Target 1.1099USD/JPYRisk reward: 2.63Volatility: HighUp at 123.78 Limit 123.46 Target 124.62GBP/USDRisk reward: 3.09Volatility:...

Yesterday we have seen some sharp move against the USD but for overall direction we have to look at USD index, where we highlighted 96.00 as important level on any deep pullback. We have seen this...

The euro encountered aggressive swings across the currency markets as investors reacted positively both to optimism that a Greece deal is finally in the closing stages of being reached, and the...