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Euro: Recording Higher Highs and Higher Lows - BBH Research Team at BBH, suggests that after reaching a low near $1.1235 on April 14, the euro has been gradually recovering, and for the third session, is recording higher highs and higher lows...
EUR/USD Stuck Within Daily Range The European currency is extending its sideline pattern against the dollar today, with EUR/USD trading unmotivated around 1.1330. EUR/USD well supported near 1.1300 Spot has faded the earlier spike towards the proximity of 1...
AUD/USD Struggling to Conquer 0.7800 Mark As oil extends its reversal on Tuesday from an early slump on Monday, commodity linked currencies also continue with their sharp rebound. AUD/USD pair tested 0.7800 mark for the first time since June 2016...
EUR/GBP Cross Putting Pressure in the 0.7925-0.7880 Support Region – Lloyds Bank Research Team at Lloyds Bank, suggests that the EUR/GBP cross is putting further pressure on important support in the 0.7925-0.7880 region...
GBP: Gloomy Outlook if the UK were to Leave the EU - Investec Research Team at Investec, notes that the UK Chancellor George Osborne yesterday presented a gloomy outlook if the UK were to leave the EU...
WTI On a Firmer Footing, Near $42.00 Crude oil prices continue their recovery today, with the barrel of West Texas Intermediate up more than 1% near the key $42.00 mark...
EUR/USD is Still Grinding Higher – Lloyds Bank Research Team at Lloyds Bank, suggests that EUR/USD is still grinding higher from 1.1240 support, driven by general USD weakness. Key Quotes “We still view this as corrective against last week’s reversal from 1.1465 key resistance. 1.1325-1...
In our April 7 analysis of USD/JPY we were positioned short and the analysis proved right hitting our upper target of 108 region, even though the lower bound of our target was as low as 106. One week later we posted an update on USD/JPY and as expected 108...
EUR/NZD Analysis for April 19, 2016 Recently, EUR/NZD has been moving downwards. As I expected, the price reached our first take profit level at 1.6135. According to the daily time frame, I found that supply is still present in the market and buying at this stage looks risky...
EUR/USD: Bearish: Downside potential likely limited to 1.1145. There is no change to our bearish view but as highlighted previously, downward momentum is not very strong and the downside potential is likely limited to 1.1145. Stop-loss remains unchanged at 1.1395 but 1...
FxWirePro: Silver Eyes $20 Area In past three weeks, Silver has shrugged off its underperformance against other commodities including that of gold and in that time it is up more than 12%, looking to gain further...
GBP Crosses are Driving the Currency – Lloyds Bank Research Team at Lloyds Bank, suggests that the GBP crosses are driving the currency, which has seen GBP/USD push back through the 1.42/1.4250 pivot region. Key Quotes “While upper range resistance lies at 1.44/1...
JPY: Resilience of Oil Price Reinforces Improving Risk Sentiment - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has weakened modestly in the Asian trading session while commodity related and emerging market currencies continue to outperform...
European Bonds Slump on Tracking Firm Oil Prices The European bond prices declined on Tuesday as a rally in oil prices boosted European equity market sentiments. The benchmark German 10-year bonds yield, which is inversely proportional to bond price rose 4.17 pct to 0...
USD/CAD Drops to Fresh 2016 Lows, 1.27 Eyed? The Canadian dollar continues to gather pace today, now relegating USD/CAD to print fresh YTD lows near 1.2720. USD/CAD lower on oil, USD Further recovery in crude oil prices is now sending the barrel of West Texas Intermediate to challenge the $42...
CAD/JPY Faces Strong Resistance at 85.75, Break Above Targets 86.35/87.45 Major resistance – 85.75 Major support -84.60 (55 day 4H EMA) The pair has made a high of 85.56 in the morning and slightly declined from that level. It is currently trading around 85.46...
Oil Prices have Additional Room for Rebound, Brent Crude Likely to Average Usd46/bbl in Q4 2016 The drop in oil price after the Doha talks failed to come to an agreement regarding freezing oil output was for a short period of time...
FxWirePro: EUR/GBP 5-Month's Uptrend Seems Restrained at 61.8% Fibos, Break-Out Below Channel Base Signals More Bearish Technical Glimpse and Trade Tips: EOD technical charts have shown down-streak has now continued from yesterday’s close at 0.7920 to the current 0...
