Forex Opinion & Analysis

GBP/USD Open 1.4815 High 1.4954 Low 1.4801 Close 1.4803 On Tuesday pound/dollar continued decreasing with 120 pips. The cable depreciated from 1.4921 to 1.4801 yesterday, in line with the negative...

Forex News and EventsThe Nikkei surged to 19,789, a level not seen in 15 years. The catalyst is growing evidence that the BoJ will be forced to introduce additional stimulus in 2015. The BoJ wrapped...

EUR/USDCurrent level - 1.0844 The downtrend from 1.1036 bottomed preciselly above 1.0800 support and my outlook is counter-trend, for a break through the crucial high at 1.0885, en route to 1.1050...

*All the charts are 30M charts with daily pivot points.AUD/USD Market Scenario 1: Long positions above 0.7705 with target @ 0.7775. Market Scenario 2: Short positions below 0.7640 with target @...

Following yesterday’s statement from the RBA, which brought a temporary halt to the recent, long-term bearish sentiment for the Aussie dollar, the EUR/AUD has continued to move lower in early...

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...

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...

KEY DATA RELEASES TODAY (BST) : 10:00 EUR Retail Sales m/m -0.1% v 1.1% 14:30 USD FOMC Member Dudley Speaks 15:30 USD Crude Oil Inventories 3.3M v 4.8M 19:00 USD FOMC Meeting...

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/USD Main scenario:The pair is trading along an local uptrend.The uptrend may be expected to continue while pair is trading above support level 1.0810, which will be followed by reaching resistance...