Forex Opinion & Analysis

EUR/USD kept on consolidating below the 1.2500 mark on Monday, paying almost no attention to the mixed euro zone's PMI indices. On Tuesday watch Spain's unemployment change data and November PPI. ECB...

Currently we are at 186.27. We are trying to break an ascending wedge and looking for a continuation to the R6 resistance  area at 187.19 with an overall target at 187.38.  The average daily...

GROWTHACES.COM Trading PositionsEUR/USD: short at 1.2480, target 1.2330, stop-loss 1.2550USD/JPY: long at 117.50, target 119.80, stop-loss 116.60USD/CHF: long at 0.9600, target 0.9760, stop-loss...

The EUR/USD is weakening as data releases showed that the European region inflation is slowing to a 5-year low. Oil prices, global growth and concerns about energy prices are all factors that are...

The upcoming week is dominated by various central bank meetings to discuss monetary policy, with the European Central Bank (ECB) interest rate decision on Thursday the most likely to attract...

Ahead of the Swiss Gold Referendum, the yellow metal traded very cautiously between $1190 and $1207. Volatility picked up on Friday, where a combination of Thursday’s OPEC decision not to cut...

It was previously mentioned that investor attraction towards the Cable was weak, with the pair’s strongest chances of reversing to the upside resting with USD profit-taking, and this is exactly...

After commencing the week within touching distance of the current yearly low of 1.2358, the EUR/USD bounced back to rally as high as 1.2530 last week. The combination of improved economic data from...

EUR/USD had a mostly quiet week, and the lack of activity has continued on Monday. In the European session, the pair is trading in the mid-1.24 range. On the release front,...

Market Drivers for December 01, 2014 Moody's downgrades Japan A1 from AA3 USD/JPY drops nearly a figure EZ PMIs mixed UK PMI Nikkei 0.75% Europe -1.09% Oil $65/bbl Gold $1161/oz. Europe and AsiaCNY:...

The GBP/USD pair is firmly trading below the downward trend line on a daily time frame. As long as the price is not breaking this trend line towards the upside and stays above this trend line , there...

Talking PointsStrategy: Flat, Short Pending On Close Below 1.5585 Awaiting Guidance Near Key Technical Barrier Morning Star Taking Shape On H4 Chart GBP/USD is once again pressing against its range...

KEY DATA RELEASES TODAY:0930GMT GBP Manufacturing PMI exp 53.1 v 53.2 1500GMT USD ISM Manufacturing PMI exp 57.9 v 59.0 OVERNIGHT: Busy session in Asia as we enter the final trading month of the...

EUR/USDCurrent level - 1.2449 The recent slide from 1.2530 high is corrective in nature, preceding another upswing towards 1.2560-70, before drowning towards 1.2240. Trigger on the upside is...