Forex Opinion & Analysis

Yesterday we had comments that Greece and its creditors may be close to a deal, but these claims were contradicted by other sources, which said a final deal has not been made.Asian session PCE reading...

GBP/AUDCurrently we are at 2.0021. We are looking for a continuation to the Fibo Resistance area at 2.0080 with an overall target at 2.0295. The average daily true range (ATR) for the pair currently...

The Greenback Still On a Tear!The loonie continued to fall yesterday, as the Bank of Canada kept its key rate unchanged. In its statement, the BoC mentioned that it would assess the impact of a rising...

AUD/USD had a poor CAPEX data, there is a scope for more rate cuts and latest technical perspective looks bearish. Adding to fundamental aspects, AUD/USD chart shows a bearish equidistant channel zig...

Market awaiting Greek rhetoric Aussie capital expenditure disappoints Fonterra optimism aids Kiwi farmers No Japanese comment on dollar's rise Currently, capital markets are beholden to any rhetoric...

USD/JPY Open 123.71 High 124.39 Low 122.76 Close 123.59 On Wednesday USD/JPY continued increasing significantly with 130 pips. The currency couple appreciated from 122.76 to 124.07 yesterday, matching...

AUD/USDMarket Scenario 1: Long positions above 0.7728 with target at 0.7766. Market Scenario 2: Short positions below 0.7688 with target at 0.7650. Comment: The pair recovers above 0.7700...

GROWTHACES.COM Forex Trading Strategies Taken Positions EUR/USD: long at 1.0935, target 1.1140, stop-loss 1.0860, risk factor ** GBP/USD: long at 1.5305, target 1.5600, stop-loss 1.5190, risk factor...

Market Commentary Both the USD/JPY and Nikkei are at decade highs, and supported by official comments in the past twelve hours (Kuroda stating that “financial excess” in the economy is not...

During the session today, we should pay attention to the release of British GDP YoY (Quarter 1) at 16:30, business data in Eurozone of May will see light at 17:00, and Canada’s Industrial...

Following a quiet trading session, free of important economic releases, the dollar remained supported at eight-year highs against the yen and higher against most major currencies on Wednesday as...

GBP/JPY Daily OutlookDaily Pivots: (S1) 189.29; (P) 189.81; (R1) 190.41; GBP/JPY's rally resumes after brief consolidation and intraday bias is back on the upside. Current up trend should now target...

Today’s Binary Options Trading Strategy:• Currency Pair: EUR/JPY • Timeframe: H4 (Hourly Chart) • Binary Option Trading Recommendation: Seek binary call options on dips below...

EUR/USDRisk reward: 2.72Volatility: HighUp at 1.0893 Limit 1.0861 Target 1.0980USD/JPYRisk reward: 2.44Volatility: HighDown at 124.23 Limit 124.55 Target 123.45GBP/USDRisk reward: 2.09Volatility:...