EUR/USD to Breakout to Downside? - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that from a technical point of view, the pair is on a brink of a downward breakout, barely holding around the 61.8% retracement of its latest daily bullish run at 1.1370...
GBP/USD: Risks Mounted to the Downside Below 1.4370 - FXStreet Valeria Bednarik, chief analyst at FXStreet noted the technical conditions surrounding GBP/USD...
Action in the Antipodeans, Risk Recovery - Westpac Analysts at Westpac offered all the action surrounding the antipodeans. Key Quotes: "The improved global mood was clear in AUD being the strongest currency over 24 hours, JPY the weakest. AUD/USD rose from 0.7323 to as high as 0...
EUR/USD: A weekly topping candle encourages our bearish view. A move below our initial targets near 1.1360 would signal lower towards 1.1300 and then the 1.1215 range lows. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
USD/JPY Clings to Gains Above 109.00 USD/JPY has entered a consolidation phase near highs, after staging a decent rally during the previous sessions to hit its highest level in almost two weeks. USD/JPY rose more than a hundred pips throughout the day and peaked at 109...
Talking Points: - The US Dollar continues to see bullish price action, and over the past two days we’ve seen the Yen begin to stage a turn-around. But is this a lasting move? - Perhaps more interesting in the bigger picture is the potential for a turn in equity markets...
USD/JPY to Move Higher on Growth and Rate Differentials - Lloyds Analysts from Lloyds Bank expect that the relative growth and interest rate differentials between the United Stated and Japan will lead USD/JPY higher over the medium term...
NZD/USD: Scope for a Decline to 0.65 in 3 Months - Rabobank According to analysts from Rabobank, the current environment in New Zealand could lead to a signal that the Reserve Bank of New Zealand (RBNZ) could cut rates again opening the doors for a decline in the NZD/USD pair to 0...
FxWirePro: USD/CAD Loses Momentum But Outlook Is Bullish The USD/CAD pair retreated back slightly on Tuesday as oil prices rebounded towards 44$ per barrel as attention turned to when production will be brought back in line in Canada’s oil sands region...
USD/RUB Has Been Sidelined From a technical perspective the outlook for USD/RUB is probably no worse than neutral...
AUD/USD Recovers After 5-Day Decline AUD/USD is rising on Tuesday, at a modest pace and still hold below Monday’s highs. The pair rose during the Asian session and peaked on European hours at 0.7372. Afterward, it pulled back to 0...
GBP/USD Challenges Highs Near 1.4460 The sterling is now retesting the area of daily highs vs. the greenback, sending GBP/USD to the 1.4450/60 band...
FxWirePro: AUD/USD Fails to Break Resistance at 0.7373, Bearish in the Short Term The AUD/USD inched higher in the European session despite disappointing Chinese inflation figures,but found renewed bearish momentum after failing to break resistance level at 0.7373...
USD/NOK Stages Crushing Decline The 1-hour USD/NOK MACD series is sitting at extreme lows. Recent plummeting USD/NOK price action has been highlighted by an above-average distance between MACD and its signal line...
EUR/USD Turns Intraday Positive EUR/USD has managed to erase intraday losses at the beginning of the New York session, after finding support at the 20-day SMA. EUR/USD hit a fresh 2-week low of 1...
USD/CAD Drops to Session Low as Oil Recovery Gains Momentum The Canadian Dollar gained traction during early NY trading session, dragging the USD/CAD pair to session low of 1.2920, as crude oil prices recovery to move back above $44.00/barrel mark...
USD/CAD Bullish Short-Term – Scotiabank FX Strategist at Scotiabank Eric Theoret has reiterated the bullish outlook for the pair is the near term. Key Quotes “Trend signals are shifting, providing confirmation to the bullish momentum indicators”...
NZD/USD Drops to Two-Month Low, Eyeing RBNZ Report for Further Direction The NZD/USD pair dropped to a fresh two-month low level of 0.6716 before retracing few pips to currently trade at 0.6727 level...
