Forex Opinion & Analysis

EUR/USD at a turning point? The week starts on a positive note with European equities broadly higher on the back of another USD sell-off last Friday. US data have proved disappointing for April, as...

There are currently two different themes on the financial markets that are dictating investor sentiment with these being ongoing doubts over the timing of a Federal Reserve US interest rate rise,...

CFTC COT DATA: USD aggregated net long positions decreased a further 8.2% to $29 bln EUR net spec shorts decreased from 190,127 to 178,876 contracts this week, a reduction of 5.6%. JPY short...

The USD/JPY pair is trading in a side pattern on a 4 hour time frame. This means that there is no clear trend of the price. The price is also trading within the Bollinger band which reflects that the...

GROWTHACES.COM Forex Trading StrategiesTaken PositionsUSD/CAD: short at 1.2030, target 1.1840, stop-loss 1.2115, risk factor **AUD/USD: long at 0.8025, target 0.8295, stop-loss 0.7940, risk factor...

GBP/USD ForecastMain scenario:The pair is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1.5730, which will be followed by reaching...

Market Drivers for May 18, 2015 Euro drifts lower on reports that Greece threatened to withhold IMF payment USD/JPY rebounds on Toshin buying Nikkei 0.80% Europe 0.11% Oil $60/bbl Gold...

Less than two weeks ago, on May 6th, we published “EUR/USD Parity Still Possible?”. With the EUR USD pair at 1.1236, we were expecting the exchange rate to climb above 1.14 and reverse to...

KEY DATA RELEASES TODAY (BST) : 15:00 USD NAHB Housing Market Index 57 56OVERNIGHT: EUR/USD boosted to a three-month high against the USD as disappointing figures on US domestic factory activity and...

The US dollar ended Friday on a weak note after another string of uninspiring data on Friday, particularly the huge drop in the May preliminary University of Michigan sentiment survey, which had...

Going locoFrom the Floor was eyeing those euro exchange rates with some relish just two months ago as the collapse of EURUSD towards parity made the prospect of a week or two in the Mediterranean sun...

Talking Points:USD/JPY Technical Strategy: Flat Support: 118.78, 118.02, 117.08 Resistance: 119.93, 120.79, 121.55 The US dollar continues to oscillate in a now-familiar choppy range below the 121.00...

Talking Points:EUR/USD Technical Strategy: Flat Support: 1.1335, 1.1257, 1.1130 Resistance:1.1463, 1.1565, 1.1668 The euro advanced for a fourth consecutive day, hitting the highest level in over...

USD was bearish last week as USD index turned down for a red wave 5) as shown on the 4h chart below. Wave 5) is a final leg within bearish structure, so we expect a bounce in minimum three waves. That...