GBP Rally Beginning to Look Overdone - Danske Analysts from Danske Bank, mentioned that the pound rallied in the market after a lead of the “remain” position ahead of the Brexit referendum but they warned about biased polls...
USD/CHF at Fresh Weekly Highs, above the 20-WMA The US dollar pulled back modestly versus the Swiss franc but then bounced to the upside and reached at 0.9926 a fresh 2-month high. USD/CHF gained momentum after breaking above 0...
USD/CAD: More Convinced of the 1.35 Target - TDS Analysts from TDS advocate holding onto long USD/CAD positions as the recent move this week along with FOMC minutes have strengthened their conviction of reaching 1.35...
EUR/USD Forecast: Bearish Potential Increases after FOMC Minutes The US dollar has appreciated sharply this week as FOMC latest meeting minutes showed the Fed might raise rates as soon as June, while several members stated that two to three rate hikes this year were still possible...
AUD/USD Attention Shifted to 0.72 – UOB Analysts at UOB Group noted further weakness lies ahead for the Aussie dollar in case of a daily close below the 0.7200 handle. Key Quotes “AUD dipped below 0.7200 yesterday but rebounded quickly from a low of 0.7175”...
USD/JPY Hits Fresh 3-Week Highs above 110.50, Consolidates Weekly Gains USD/JPY rose further and printed a fresh 3-week high at 111.58. The pair remains near the highs holding a bullish perspective in the short-term, headed toward a weekly gain of approximately 200 pips...
EUR/USD Fades the Advance to 1.1240 EUR/USD has quickly abandoned the area of session highs near 1.1240, returning to the current 1.1200 neighbourhood...
AUD/USD Expected to Weaken to 0.70 in 6-Month – Danske Bank Kristoffer Lomholt, Analyst at Danske Bank, believes the Aussie dollar could depreciate towards the psychological handle at 0.70 in the medium term...
Fxwirepro Short Term Outlook: Euro to Decline 700 Pips Against Pound Pound has been showing remarkable resilience against Dollar as well as other currency pairs, especially Euro, which makes the pair, EUR/GBP an attractive short...
GBP/USD Bullish, Aims to 1.4770 – UOB The research team at UOB Group remains bullish on Cable and expects a visit to the 1.4770 area in the near term. Key Quotes “In line with expectations, GBP extended its again to move above the 1.4650 target (high of 1.4663) but the up-move was short-lived”...
USD/CAD Targets 1.35 in the Longer Run – Scotiabank FX Strategist at Scotiabank Eric Theoret sees spot heading towards 1.35 in the long term. Key Quotes “We look to continued gains in USDCAD with near-term risk to 1.33 and medium-term risk to 1.35”...
EUR/USD Is Range-Bound N-Term, So Buy USD/CHF On Dips - Credit Agricole The USD has been relatively well supported...
Evening Euro Target: 1.1260 For the past twenty six hours the difference between pairs heading the same way has reduced. The euro/dollar is up 48 points: from 1.1179 to 1.1227. The pound/dollar is down 113 points: from 1.4663 to 1.4550...
GOFO and Gold Prices The Gold Forward Offered Rate (GOFO) is the swap rate for a goldtoU. S. dollar exchange...
Stocks and Oil Regain Poise as Fears Over Hawkish Fed Subside European stock indices have enjoyed a short-covering bounce that began late in the day on Thursday when Wall Street shares managed to erase most of their earlier declines. At midday in London, the UK’s FTSE 100 was up 1...
USD/CAD Challenges 1.3100 Post-Data USD/CAD has bounced off sub-1.3100 levels following mixed results from the Canadian docket. USD/CAD gains capped near 1.3130 The pair manages to keep the trade above the 1...
The order to buy #GPBUSD is relevant, despite the observed pullback to the area of the red Alligator's line. Possible closing below it will consider as a signal to close the position. Find out more by checking out the Source Link...
#USDJPY resumed growth, and the profit from the order to buy has exceeded the figure. Additional signals have not been received yet, however, the price soon may pass the level of the nearest fractal. Find out more by checking out the Source Link...
EUR/USD Remains Capped by 1.1230 Zone EUR/USD consolidates near daily highs in quiet trading Friday, with the dollar mixed across the board ahead of the G7 meeting. EUR/USD found support at the 1.1180 area on Thursday but every bounce attempt has remained capped by the 1...
