NZD/USD Neutral Near-Term – Westpac Strategist at Westpac Imre Speizer noted the neutral perspective for the Kiwi dollar for the week ahead. Key Quotes “NZD/USD remains in an upward trend which dates from mid-Jan, our upside target for the month ahead being 0.7175 (the Feb 2015 low)”...
Analytics & Forecasts
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21 April 2016, 14:50 #nzdusd
GBP/USD Tests 1.4440, Daily Highs The Sterling has now picked up further upside momentum, lifting GBP/USD to fresh daily tops near 1.4440. GBP/USD stronger on US selling Spot has seen its upside renewed in response to a persistent sell-off in the US dollar, challenging the critical 94...
Analytics & Forecasts
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21 April 2016, 14:48
GBP/USD Points Southwards – Scotiabank Eric Theoret, FX Strategist at Scotiabank, sees the Sterling keeping its neutral/bearish stance in the near-term. Key Quotes “GBPUSD remains range-bound between short-term resistance at 1.4420 and support at 1.4350”...
Analytics & Forecasts
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21 April 2016, 14:40
AUD/USD Seen Grinding Lower in H2 – Westpac Sean Callow, Strategist at Westpac, believes the Aussie dollar could resume its downside in the second half of the year...
Analytics & Forecasts
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21 April 2016, 14:38
EUR/GBP Trims Losses Post-ECB EUR/GBP has managed to bounce off session lows post-ECB decision, currently hovering over the 0.7875/80 band...
Analytics & Forecasts
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21 April 2016, 14:04
USD/CAD Registers Minor Recovery from 10-Month Low After falling below 1.2600 mark for the first time since July 2015, on the back of a rally in oil futures, the USD/CAD pair has managed to register a minor recovery and is slowly heading back towards 1.2700 mark. 1...
Analytics & Forecasts
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21 April 2016, 14:03
USD/CHF Trade Idea Major resistance- 0.9690 Major support - 0.9630 The pair has broken major resistance 0.9690 and jumped till 0.9733.It is currently trading around 0.9704. Intraday trend is bullish as long as support 0.9630 holds. Any violation below 0.9630 will drag the pair down till 0.9580/0...
Analytics & Forecasts
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21 April 2016, 14:00 #usdchf
EUR/USD Keeps 1.1300 on Steady ECB The European currency keeps its buoyancy intact today, with EUR/USD now trading in session highs near 1.1330...
Analytics & Forecasts
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21 April 2016, 13:55
EUR/NOK Downside Attractive, Avoid GBP/USD, USD/Asia Trendless – Deutsche Bank Oliver Harvey, Macro strategist at Deutsche Bank, suggests that the EUR/USD is still their top scoring currency pair as it is moderately trending and breaking new ground (to the upside...
Analytics & Forecasts
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21 April 2016, 13:53
GBP/USD Gains Appear Capped Around 1.45 – Westpac Richard Franulovich, Strategist at Wetspac, believes the pair’s upside could struggle to surpass the 1.45 handle. Key Quotes “Doubt GBP has the vigour to punch much above 1.45 - if at all - into the UK referendum late June”...
Analytics & Forecasts
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21 April 2016, 13:50