Please try another search
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. While the U.S. dollar traded higher against most of the major currencies Wednesday, the NY session was marked by profit taking...
It's been business as usual today, as the USD march continues, with yields pushing higher but moves looking strained in both cases. Despite the overextended levels, we continue to see the EUR and JPY...
On the USD/JPY we can see a nice intraday drop taking place from recent highs near the 109.90 area, where probably blue wave three had ended. If that is the case then current drop could be the start...
The euro's daily cycle is now on Day 16. I’m guessing the currency will print a final yearly cycle-low sometime this week.
EUR/USD Weekly Trend: Oversold 1st Resistance: 1.0750 2nd Resistance: 1.0840 1st Support: 1.0713 2nd Support: 1.0679 EUR Recent Facts: 22nd of July 2016, German Manufacturing PMI (key indicator of the...
Following a report that European oil storages have hit their limits and that oil tankers were being hired in Europe to store excess oil, we saw the oil price retreat over the past week, causing CAD...
Dealers and investors are now seeing a near-certainty of a Fed rate hike next month, with odds of an increase rising to +94% from +86% after Tuesday’s retail-sales report.Yesterday, U.S retail...
EUR/USD test of the massive triangle bottom. AUD/USD possible 2016 trend reversal Original post
USD/JPY continues to post gains on Wednesday, as the pair is trading at 109.50. On the release front, there are no Japanese events on the schedule. In the US, today’s highlight is PPI. On...
Key Points: Monitor the UK CPI and Claimant Count figures. Pair likely to retain its bullish bias for the week ahead. Volatility likely to continue until Trump Cabinet is Announced. The cable has had...
Market Drivers November 16, 2016 UK Labor data in line EUR/USD tests 1.0700 Nikkei 1.10% DAX -0.26% Oil $45/bbl Gold $1227/oz. Europe and AsiaAUD: Wage Price Index 0.4% vs. 0.5%GBP: UK Unemployment...
EUR/USD is showing limited movement in the Wednesday session. Currently, the pair is trading at 1.0720. On the release front, there are no Eurozone events on the schedule. In the US, today’s...
GBP/USD has been trading higher recently, with a new leg up from past week to 1.2680 which we called it as wave 5) within a higher degree impulse. That said, a trend change now would not be a...
The dollar trimmed losses and continued to trade within close distance of a 14-year high against the other majors currencies on Tuesday, after upbeat U.S. data boosted optimism over the U.S. economy...
GBP/JPY Daily OutlookDaily Pivots: (S1) 134.55; (P) 135.55; (R1) 136.96; GBP/JPY's rise resumed after brief retreat and intraday bias stays on the upside. As noted before, bullish convergence...