Forex Opinion & Analysis

Yesterday's Eonia and Euribor one week rates revealed negative 0.016 and Minus 0.021. Further analysis affirms EUR/USD is not only contained between 1.2503 - 1.3403 but the ranges are actually much...

Currently we are at 1.7932 after a bounce off the day trend. We are looking for a continuation to the S4/support area  at 1.7847-60.  The average daily true range (ATR) for the pair...

GROWTHACES.COM Trading Positions: USD/JPY: long at 104.90, target 108.00, stop-loss 106.50 GBP/USD: long at 1.6220, target 1.6400, stop-loss 1.6130 EUR/USD: long at 1.2920, target 1.3100, stop-loss...

The Scottish independence referendum this week promises to be a pivotal, market-moving event for both equities and currencies. Aside from its obvious potential effect on the FTSE, the vote should also...

Since the European Central Bank (ECB) surprised the markets by cutting rates and raising deposit rates almost two weeks ago, the EUR/USD has entered a consolidation phase. On several different...

EUR/USDCurrent level - 1.2928 Yesterday's failure at 1.2906 support reveals a risk of one more upward attempt towards 1.2995 resistance, before drowning towards 1.2858, en route to 1.2750 major...

The US Dollar remains king. It has risen against a broad basket of currencies for nine consecutive weeks and so far has completed its longest winning streak in 17 years. Will the Federal Reserve...

EUR/USD - European Session The pair failed to keep trading above 1.2960 indicating strong weakness showing on Stochastic by a negative crossover attempt before reaching overbought levels. Meanwhile,...

The euro continues to show little movement this week. On Tuesday, EUR/USD is trading in the mid-1.29 range. On the release front, the German and Eurozone investor confidence indicators...

Market Drivers for September 16, 2014 UK CPI in check putting no pressure on BoE RBA Minutes repeat most points but show concern over asset prices Nikkei -0.23% Europe -.64% Oil $92/bbl Gold...

Forex News and Events: The FX traders are in wait-and-see mood before the most important eco-political events back loaded on the second half of the week. The Fed decision (Wed) and the Scottish...

The GBPUSD exchange rate dropped by more than 1100 pips during the last two months. Traders are probably wondering if it is time for a larger correction. In mid-1930s Ralph Nelson Elliott wrote, that...

GBP/USD: Today's Technical Report/Commentary:The matter of the hour for the Cable, technically, is to determine if topping last week at 1.6275 constitutes a Fibonacci top. As you may remember, the...