When the red Alligator's line was crossed, we have closed an order to buy #EURUSD. At the moment, we have some pending orders in the pair. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
We fixed a result of our short position in #USDJPY at 109.06. Currently, we have no open positions, but have a good point to enter the market. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Further Consolidation Seen in NZD/USD – UOB The research team at UOB Group sees the pair extending its rangebound pattern in the next weeks. Key Quotes “While the initial NZD strength held below 0.6870 as expected, the subsequent sharp drop from the high of 0.6864 was unexpected...
XAU/USD: If the US Fed Increases Interest Rate in June Investors’ risk aversion, amid the decline in prices of oil since the end of March and uncertainty of economic situation in the world, has triggered the rise in demand of the Yen and gold...
USD/CAD Turned to Neutral Near Term – Scotiabank Eric Theoret, FX Strategist at Scotiabank, noted the neutral outlook for the pair in the short-term horizon...
Analytical Review of the Currency Pair GBP/USD Technical data of the currency pair: Previous closing: 1.4057; Daily range: 1.4049-1.4080; Opening: 1.4057...
EUR/USD Stuck Around 1.1360, Fedspeak Eyed The common currency keeps the negative tone at the end of the week, with EUR/USD meandering the 1.1360 area. EUR/USD focus on Fedspeak The pair has quickly faded the bullish attempt to daily tops around 1...
AUD/USD Seen Slipping Towards 0.7475/80 – UOB Analysts at UOB Group noted the Aussie dollar could grind lower to the 0.7475/80 band in the near term. Key Quotes “The price action is line with our view wherein we expect the current pull-back in AUD to extend lower to 0.7475/80”...
As for the euro, EUR/USD is stuck in a broad range that doesn’t look to me anywhere near ready to break. In the spirit of looking at real yields, I’ve plotted EUR/USD against the Bund/Treasury real yield differential, currently 104bp...
USD/JPY: Hard to See a Compelling Argument for a Bounce - Westpac Robert Rennie, Research Analyst at Westpac, suggests that the price action has continued through the last few days, and while USD/JPY holds trend support at 109...
Sell EUR/GBP on Current Strength – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, recommended selling the European cross on ongoing strength...
USD/JPY- Offered Near 23.6% Fibo Level The corrective move in the USD/JPY pair ran into offers near 109.11 (23.6% of 113.80-107.66) levels following which the pair fell back to 108.65 levels...
Risks are in Favour of a Topside Break in EUR/USD - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the risks are in favour of a topside break in EUR/USD as markets embrace a more risk averse posture not to mention the weaker underlying USD signal delivered by Chair Yellen...
USD/CHF Climbs to Highs Around 0.9580 The risk-on sentiment keeps CHF-bulls at bay today, pushing USD/CHF to visit session tops in the 0.9580 area. USD/CHF supported near 0.9500 The pair is extending its advance to the vicinity of the key barrier at the 0...
GBP/USD Defends Mild Gains as Poor UK Data Weighs The GBP/USD pair continues to consolidate gains below 1.41 handle over the last hours, as markets digest the latest industrial figures from the UK economy. GBP/USD reverses a spike to 1.4140 The GBP/USD pair trades modestly flat at 1...
EUR/USD is Back Below Hourly 100-MA Minor bullish move in EUR/USD fell apart around 1.1390-1.14 levels and the pair is back below hourly 100-MA level of 1.1382 levels. Range intact The currency pair remains restricted in a week long range of 1.1438-1.1335...
Eurozone: What More Can be Done? - BNPP Research Team at BNP Paribas, suggests that despite concerns at the beginning of the year, the effect of financial stress on Eurozone growth should remain contained...
