Forex Opinion & Analysis

EUR/USD The euro remains at the back foot in the near-term, with yesterday’s close in long red candle, confirming negative stance. Dips found temporary support at psychological 1.08 level,...

Talking Points: US dollar, yen, Commodity FX Set Sights on March FOMC Meeting Minutes New Zealand dollar Gains Alongside Asian Stocks on Firming Risk Appetite A relatively quiet economic calendar in...

Talking Points:• ZAR Strengthens As PMI Rises. • Domestic Demand Spurs PMI Expansion. The ZAR strengthened against the USD as South Africa’s HSBC (LONDON:HSBA) Purchasing...

On Monday the EUR/USD pair traded in the range of 1.0909-1.1035. Following the rise at the end of last week, the pair made a failed attempt to go above the resistance level of 1.0950 and is now...

EUR/USD - Technical Report After touching the main rising trend line, the pair rose again. On the other hand, EUR/USD pair still trading below linear regression indicators. Trading below 1.1045 will...

GROWTHACES.COM Forex Trading Strategies:Taken PositionsEUR/USD: long at 1.0915, target 1.1180, stop-loss 1.0780, risk factor *GBP/USD: long at 1.4820, target 1.5000, stop-loss 1.4740, risk factor...

GBP/USD Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.4800, which will be followed by reaching resistance level...

EUR/GBP has been trading within a sideways range as seen on the provided daily graph. Actually, failure to maintain levels above 0.7400 could be the main catalyst that sent the pair lower below...

GBP/JPY Daily OutlookDaily Pivots: (S1) 177.27; (P) 177.77; (R1) 178.36; With 180.10 minor resistance intact, deeper fall is expected to 175.49 support. Break will extend the fall from 189.70 to...

Yen is mildly higher while Japanese Nikkei 225 surges to 15 year high as BoJ left monetary policies unchanged as widely expected. BoJ maintained the pledge to increase monetary base at annual pace of...

US Dollar The U.S. dollar is trading broadly lower against its major peers, despite yesterday's better-than-expected U.S. job openings, and due to a possible rate hike delay. Job openings climbed to...

Apparently some traders were pricing in the risk of a dovish Bank of Japan meeting overnight, given the sluggishness in Japan’s economy and the clear lack of progress towards the bank’s...

Today, of course, is FOMC day with the minutes due at 2.00 pm EST. Following in the wake of the dire NFP data on Friday, it will be more than interesting to see whether the tone from the Fed has...