EUR/JPY: We have turned neutral in the short-term and would prefer to fade upticks or re-establish a bearish view on a break below 121.55 lows. Our downside targets are towards 119.90, near the monthly cloud base and then 118.75/115.35...
For the last six months, US real yields have been falling relative to those in the Eurozone and (even more sharply) in Japan...
In our previous week's post, GBPUSD: Possible End of Bullish Rally!, we laid out 2 possible scenarios regarding the last wave of the possible C. We believed that wave 5 of C would turn out to be an Ending-Diagonal (ED) that would target the upper-bound of the channel...
In our last article on USDCAD, USDCAD: Looking for the "Capitulation of the Capitulated"!, we discussed a potential last move to new lows and even though USDCAD made a new low, we are still not convinced that the bottom is in place...
The dynamics of #USDCAD continues to show all signs of a downtrend. Among the main reasons of it still stands the recovery in oil prices, as well as the general trend of the U.S. currency weakening. Find out more by checking out the Source Link...
Bulls in #GPBUSD are not satisfied with what has already been achieved. The movement resumed with renewed vigor. Climbing develops within clearly designated price channel. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Welcome to my "Strength and Comparison" article for the coming month, the article "Ranking, Rating and Score" has also been published for this month. For analyzing the best pairs to trade looking from a longer term perspective the last 12 months Currency Classification can be used in support...
Welcome to my "Ranking, Rating and Score" article for the coming month, the article "Strength and Comparison" has also been published...
The disappointing US Manufacturing ISM yesterday underscored the soft USD environment of late and sent the trade weighted dollar back to the levels of the end-2014/start-2015...
The #RBA cut the key interest rate to heat up the economy and inflation. What was the reaction of the #Aussie and other currencies in #Forex? Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
After a wide upthrust bar, also marked as heavy supply, on last Wednesday, the Yen broke the support at 107.62 the day after. It broke with healthy volume, and the prices only stopped downtrending on a reverse upthrust, and later a churn, which are volume patterns that show demand...
EUR/USD: Highest Since Chinese Black Monday - FXStreet Valeria Bednarik, chief analyst at FXStreet explained with a new month we start with an old trend, as the greenback kept falling against all of its major rivals this Monday. Key Quotes: "The EUR/USD pair traded as high as 1...
GBP/CAD: Bearish Bias Between 1.78/85 - Scotiabank Analysts at Scotiabank noted that GBP/CAD has consolidated over the past two weeks and the sideways movement in the cross has clearly undermined the broader trend move lower in the pound. Key Quotes: "We see strong resistance overhead at 1...
GBP/USD: Rallies on USD Weakness - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the GBP/USD pair advanced up to 1.4695, its highest in four months, and holds nearby at the end of the day, with no certain catalyst behind the mode beyond dollar's own weakness...
EUR/JPY: Off Key April Lows 121.70 - Commerzbank Axel Rudolph, analyst at Commerzbank explained that EUR/JPY retested its April low at 121.71 by dropping to 121.75 last week before stabilizing...
GBP/JPY: Modest Rebound After 700-Pip Decline The pound is up against the yen after falling more than 700 pips in the previous three trading days. GBP/JPY managed to erase losses on Monday and it is up for the first day after hitting earlier a 2-week low...
USD/CAD: Fade on Major Gains in USD - Scotiabank Analysts at Scotiabank explained that USD/CAD’s test of 1.25 on Friday is marked on the daily chart by a minor “doji” candle—ordinarily a warning that a move is prone to a correction...
USD/CAD Manages to Hold Above 1.2500 USD/CAD regained most of the lost ground as oil prices turned lower during the American session, pressuring the Canadian dollar. USD/CAD made a bearish attempt but it was contained by the 1.2510 area and bounced toward 1...
EUR/GBP Downside Playing Out on Brexit Remain Camp EUR/GBP has seen a recent bearish trend take fold as the clock is ticking at the start of a new month and we head ever closer to the EU referendum and the possibility of a Brexit is actually looking a little lower, fuelling a bid in the pound whi...
