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following are UBS' latest short-term trading strategies (mostly intraday) for EUR/USD, USD/JPY, EUR/JPY, GBP/USD, and AUD/USD. EUR/USD: The pair didn't manage to break below 1.0800 yesterday and remains above here today.We prefer the short side but would only get involved on the extremes...
In the view of Karen Jones, Head of FICC Technical Analyst at Commerzbank, the cross remains bid while above the 1.0800/12 area. Key Quotes “EUR/CHF continues to hold upside potential near term and while above 1.0800/12 we will consider that the market is bid. Initial resistance is 1...
The leading indicators released today by the Organization for Economic Cooperation and Development (OECD) showed the growth is firming up in India and the Eurozone economy is showing signs of stabilization...
The uptick in the EUR/GBP cross is ensuring the EUR/USD pair remains around 1.0865 levels in the early US session. Weak US index futures support EUR The Cable fell below 1.50 levels and pushed the EUR/GBP pair higher, which is lending support the EUR/USD pair...
The uptick in the EUR/GBP cross is ensuring the EUR/USD pair remains around 1.0865 levels in the early US session. Weak US index futures support EUR The Cable fell below 1.50 levels and pushed the EUR/GBP pair higher, which is lending support the EUR/USD pair...
Research Team at TDS, suggests that the Canada’s November housing starts report is it today, TD’s on-consensus expectation is for the pace of new residential construction activity to remain largely unchanged at 200K. Key Quotes “Permits are expected to rebound at a respectable 2...
Brent oil futures advanced 1% following a sharp sell-off on Monday that took prices to 6-1/2 year low of USD 40.60/barrel. At the time of writing, Brent Jan futures were up 1.5% or 61 cents at USD 41.34/barrel. Prices are still well below the previous 2015 low of USD 42.22/barrel...
NZD/CAD: breakout to reversal. The pair is bearish on market condition: price is located near and below Ichimoku cloud in the primary bearish area of the chart with the local uptrend as the secondary market rally breaking 0...
Dear Traders, While the British Pound continued to weaken against the U.S. dollar, the euro tested the 1.08-barrier which lends a short-term support for the currency pair...
Societe Generale made a forecast for EUR/USD compare with GBP/USD telling that both the pairs will be on bearish condition for Q1'16. And GBP/USD will be in more bearish related to EUR/USD. Let's review this forecast with technical point of view...
EUR/GBP (H4): Increases after short correction Forecast: Rebound from 0.7170 support and further increases Alternative Scenario: Another test of previous resistance from the top...
The decline of #oil to multi-year lows led #USDCAD almost to the eleven-year high. The development of the upward trend can be supported by #investors, whose tactic is focused on the work in a #trend, which can lead to a massive new wave of growth. Find out more by checking out the Source Link...
AUD/USD (H4): Strong supply attack Forecast: Further falls – after breaking support zone and up-channel lower limit Alternative Scenario: Moving back inside bullish regression channel...
The last day large-scale reduction of #AUDUSD led to the displacement of the price below moving averages (#trend #indicators). It is recommended to stay out of the #market and wait for the further evidence of the downtrend before considering short positions...
Dmytro Bondar, Technical Analyst at RBS, suggests that the Brent market broke below 42.00, which was our 2015 year-ahead target and previously limited the sell-off in August...
Analyst at Danske Bank Kristoffer Lomholt sees the NOK’s price action depending on the Norges Bank and oil-dynamics...
Lee Hardman, Currency Analyst at MUFG, notes that the renewed slide in the price of crude oil has been the main market focus early this week following last week’s OPEC meeting which failed to provide any support...
UK’s manufacturing output in red, declined to -0.1 per cent year on year in October. Month on month it fell 0.4 per cent, lower than expectation. New orders deteriorated at a fastest pace since 2009. Lower oil prices have hurt manufacturers...
UK’s manufacturing output in red, declined to -0.1 per cent year on year in October. Month on month it fell 0.4 per cent, lower than expectation. New orders deteriorated at a fastest pace since 2009. Lower oil prices have hurt manufacturers...
The GBP/JPY pair took out the 50-DMA support at 185.11 and fell to an intraday low of 184.83 ahead of the monthly industrial production data in the UK...
