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The GBPJPY market is still considered to be in a bullish trend on the daily chart as price remains lifted above the mean value. The recent momentum has taken pause after a strong power move - which...
As my colleague Kathleen Brooks highlighted Tuesday, Japan’s economy has had a wild 48 hours. An abysmal Q3 GDP report, PM Shinzo Abe has pushed back next year’s planned sales-tax hike...
GBP/USD is flat on Tuesday, as the pair trades in the mid-1.56 range. On the release front, British CPI edged above the forecast, posting a gain of 1.3%. In the US, the Producer Price Index posted a...
Market Drivers November 17, 2014 Abe confirms delay of tax hike, dissolves lower house of Parliament GE ZEW jumps to 11 as investor sentiment improves taking EUR/USD through 1.2500 Nikkei 2.18% Europe...
For those who have never sat on a beach and watched the ocean tide come in, it’s a practice I wholeheartedly recommend. The gradual rise in overall water levels is almost imperceptible, but as...
Currently we are at 0.7967. We are in a bullish channel and looking for a continuation to the Resistance area @ 0.8032 with an overall target @ 1.7812 after the GDT announcement. The average daily...
EUR/USD has posted gains on Tuesday, recovering from losses sustained a day earlier. In the European session, the pair is trading slightly above the 1.25 line. On the release front, German ZEW...
GROWTHACES.COM Trading Positions USD/JPY: long at 115.00, target 117.70, stop-loss 115.90 USD/CHF: long at 0.9560, target 0.9760, stop-loss 0.9570 EUR/CHF: long at 1.2025, target 1.2095, stop-loss...
GBP/AUD shows nice confluence around 1.8060-70 for a fresh short trades. In that case stop is 8090 and we should try to exploit so called "fading the strength" move. Intraweek fibs and trendlines(...
EUR/GBP will now need to beat 7970 for a chance to retest important resistance at 7990/8000. This remains a big challenge today & in fact a good chance we will turn lower from here once again, but...
The GBP/USD last week decreased significantly on Forex, in accordance with the red scenario of price movement for a week, however, take this fails, as the price moved without significant rollbacks....
The currency pair EUR/USD has broken through resistance at 1.2509, indicating a long rebound. Resistance at 1.2577 held at the moment. Other resistance can be found at the level of 1.2632. Hour...