DNB Markets have updated their foreign exchange forecasts for the new post-Brexit world and the dollar and Scandis are the big winners...
What a gift Brexit has been for those transferring euros into pounds - the rate has moved in your favour considerably. The question you may be asking is whether even better rates are coming your way? The rapid climb from 0.76 to 0.82 has certainly turned the outlook for the exchange rate positive...
ING warn that pound sterling will reach levels of 'extreme' undervaluation against the euro over coming months while the euro is not at risk of a fall to parity against the dollar despite the threats to the EU posed by Brexit. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you...
Giving his latest strategic forecast for the US dollar vs Canadian dollar, Jeremy Stretch at CIBC Markets writes: Despite seeing the CAD trading on the defensive in yesterday’s session the failure of USD CAD to close above the 100-day MAV, (1.3087) is significant, at least in the short run...
Risky assets continue to trade better supported. Despite the better tone to risk, USDJPY is struggling to rally, perhaps a reflection that the meeting in Tokyo between Abe and Kuroda yielded no new signals for easing...
Below is GBPUSD H4 chart after Brexit. I will explain with ichimoku kinko hyo. Tenkan has continally upward direction. Chikou span makes higer point. And there is the resistence of Kijunsen and kumo...
On Brexit’s leave decision, EURUSD went down as was expected, fueled by the fear of an economic downturn in the Eurozone...
With global focus on the UK referendum and outcome, investors could be forgiven for forgetting that Australia will be holding an election on 2 July, in which both the lower and upper house seats are up for grabs...
Speculation continues mounting is the UK will indeed leave the EU or that there will be a regret on Brexit – Bregret or if you wish, an EU-turn or a Breturn. This big event is already taking its toll on the economy, but provides growth in new words...
Canadian GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Canadian dollar...
EURUSD Daily Analysis EURUSD (1.106): EURUSD has established a range of 1.120 and 1.110 as the levels of resistance and support. While a retest of the resistance at 1.120 is pending, support has been clearly established at 1.10...
Small steps for the pound but the buyers are gaining traction 1.3420 was resistance yesterday and today and was S&R on Monday too. GBPUSD 15m chart We've hit minor resistance up around 1.3450 and there's more waiting at 1.3470/75. 1...
EUR/USD. We are adjusting our EUR/USD forecasts in line with what we communicated before and immediately after Brexit. We now forecast EUR/USD at 1.09 in 1M (1.11 previously), 1.07 (1.10) in 3M, 1.10 (1.14) in 6M and 1.14 (1.18) in 12M. Copy signals, Trade and Earn $ on Forex4you - https://www...
EUR/USD: Bearish: Room to extend lower but 1.0820 is a major support. There is no change to the bearish EUR view; the current movement is viewed as a short-term consolidation phase which should lead to further EUR weakness towards 1.0820 in the coming days GBP/USD: Bearish: A move to 1...
Sailing into the unknown: FX markets were surprised by the Brexit vote. The implications of the referendum result are hard to nail down, but we expect them to be negative in most scenarios...
EURJPY: The pair remains biased to the upside on correction though retaining its broader medium term downtrend. Support comes in at the 113.00 level where a break will aim at the 112.50 level. A turn below here will target the 112.00 level with a breach turning focus to the 111.50 level...
Can you believe it’s only been four days since Britain has officially voted OUT of the EU? Over the past couple of days the U.K. has lost its Prime Minister, companies have lost millions (if not billions) in financial market losses, S&P and Fitch have downgraded the U.K...
