Forex Opinion & Analysis

EUR/USD - Technical Report From 1.0620 -just a few pips below our suggested entry point at 1.0640- the EUR/USD pair has collapsed towards the target mentioned in our technical updates yesterday at...

USD/JPY Open 121.40 High 121.67 Low 120.98 Close 121.42 On Wednesday Dollar/Yen increased insignificantly with 60 pips. The currency couple appreciated from 121.01 to 121.63 yesterday, matching the...

Cable has paused in its strong down-trend after reaching lows of 1.4894. Although the zone around 1.5000 level is a key psychological support level and likely to prop up the exchange rate, it has...

GROWTHACES.COM Forex Trading StrategiesTaken PositionsEUR/USD: short at 1.0625, target 1.0335, stop-loss 1.0770, risk factor **USD/JPY: long at 121.10, target 123.55, stop-loss 119.60, risk factor...

Market Drivers For March 12, 2015 Euro retakes 1.0600 as short squeeze pushes it higher Kiwi rambles on post RBNZ to 7400 Nikkei 1.43% Europe -0.02% Oil $48/bbl Gold $1158/oz. Europe and Asia:AUD:...

Market BriefAs widely expected, the RBNZ maintained its official cash rate unchanged at 3.50% and revised lower its growth and inflation forecasts. The NZD is still seen overvalued, yet satisfactory...

The EUR/USD has fallen to below the S3 monthly pivot at 1.0583 and then hit a new low at 1.0497. It is quite rare for the exchange rate to break below the S3 monthly pivot - these are very extreme...

The Finish economy has contracted quite significantly over the last three years – a trend that started with the 2008 financial crisis. The country’s export competitiveness has fallen 20%...

- U.S. Advance Retail Sales to Rise for First Time in Three-Months.- Will Lower Energy Prices Fuel Private-Sector Consumption? Trading the News: U.S. Advance Retail Sales A rebound in U.S. Retail...

EUR/USD Daily Pivots R3 - 1.0875 R2 - 1.0796 R1 - 1.067 Pivot - 1.059 S1 - 1.0464 S2 - 1.0384 S3 - 1.02582 EUR/USD declined to make a new low to 1.05 levels and looks to have hit support. A break...

GBP/USD Open 1.4926 High 1.5097 Low 1.4891 Close 1.4925 On Wednesday Pound/Dollar decreased significantly with 205 pips. The Cable depreciated from 1.5097 to 1.4891 yesterday, in line with the...

NZD/USD bounced back post-RBNZ this morning. The pair had almost retraced the entire upleg from a 4-year low of 0.7175 to 0.7612. Prices tested the 50% Fibonacci retracement level of 0.7393. This is a...

This week’s trend of euro and dollar moves really dictating the state of play in the markets looks set to continue again this morning in the absence of any important scheduled events or data...

Cable came sharply lower yesterday, and below 1.4950 saw 1.4893 and then bounced. Medium term charts are in a dire mess with the oversold conditions, and if the market is going to correct, Reversal...