Forex Opinion & Analysis

The Canadian dollar has reversed its recent slide, posting strong gains on Monday. In the North American session, USD/CAD is trading slightly below the 1.26 line in the North American session. On the...

US data blurs the outlook Oil rally stokes Loonie USDX still consolidating The oracles of the underground, the rodents of prophecy and potluck suppers to rednecks everywhere, Wiarton Willie and...

The pound has posted losses on Monday, as GBP/USD trades in the low-1.50 range. On the release front, British Manufacturing PMI improved to 53.0 points. In the US, the ISM Manufacturing PMI continued...

U.S. GDP disappoints but market awaits Friday’s NFP before declaring USD weakness China PMI slips into contraction Greek PM seeking ECB agreement as end of February deadline approaches Reserve...

It is absurd to believe that the inhabitants of the Eccles building in D.C. promote a strong dollar policy. Printing $3.8 trillion dollars and keeping interest rates at zero percent for going on the...

It has been a fairly mixed morning for North American traders as they survey the landscape of US economic releases and overnight price action. Starting with the overnights, Manufacturing PMI reports...

Currently we are at 0.7270 in a wedge. We are looking for a continuation to the 0.618 fibo support area at 0.7183 with an overall target at 0.7127. The average daily true range (ATR) for the pair...

GROWTHACES.COM Forex Trading Strategies:Trading Positions:EUR/USD trading strategy: long at 1.1300, target 1.1550, stop-loss 1.1240GBP/USD trading strategy: long at 1.5040, target 1.5250, stop-loss...

The USD/JPY has bounced from OUR Identified Support zone on a 60 minute time frame. The support zone was provided in our analysis on Friday. The pair moved nearly 185 pips in profit when the risk was...

The Euro, firmly entrenched in cause (building) since 2008, broke the ice (support) at 119.12 in January (chart 1). This technical breakdown, a catastrophe for anyone committed to the bullish thesis...

This week the G10 FX Financial Scorecard recommends buying CHF, NOKand JPY while selling AUD, NZD and CAD. Last week's signals resulted in a 2.97% loss. This is the largest weekly loss recorded since...

EUR/USD Current level - 1.1317 Still in the consolidation pattern below 1.1380 minor resistance, but the overall outlook remains bullish, for a rise towards 1.1460, en route to 1.1540....