Please try another search
EUR/JPY is looking lower after a slow three-wave corrective rally in wave iv, so watch out for another decline back to lows towards 123.50 – 123.00 area for wave v. Is this a signal for another...
Tuesday brought us the strength of the U.S. currency, which is a continuation of the movements seen on Thursday and Friday. This movement was anticipated on the main pair – EUR/USD, after...
Markets now pencilling in a full 25 basis point Fed funds rate cut this year. But in our view, there's limited scope for any imminent move down in US rates. As such, we think the dollar will stabilise...
Stating that the next OCR direction is likely to be down, RBNZ crunched their way out of neutral gear whilst NZD bulls burned rubber and headed for the exit.Summary of the March statement: The...
EUR/USD Forex Market Trading Strategies The EUR/USD daily Forex chart has an inside day yesterday. So far, today is a second consecutive inside day. If it remains that way, there will be consecutive...
NZD/USD at two-week lowThe Reserve Bank of New Zealand kept rates unchanged at today’s meeting, as expected but it was the accompanying statement that impacted the most. The Bank shifted to a...
Daily FX Market Roundup March 26, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset ManagementSofter data could not keep the bulls down. US stocks recovered for the second day in a row...
The compression of the micro slopes back to the mean portrays a currency market with a deficit of committed capital to support macro trends. The euro could be the exception. Instead, the recent...
Over the last several weeks, we have been watching the CHF/JPY pair as we continue to bounce around in a symmetrical triangle. This is going to be a very interesting pair to watch as both are...
The greenback started the week on a downbeat note amid a decline in the US Treasury yields. As a result, EUR/USD managed to recover some of Friday’s steep losses. At the same time, the upside...
USCrude – oilOil price started correction in the middle-term uptrend. The key support is at [55.83 – 55.40]. If the zone is reached by the price, I recommend looking for purchases...
EUR/GBP Bearish: Currently, we are at 0.8527 in a range and attempting a breakdown of the Day Chart support. IF we can break the support here, we are looking for the continuation to the 1.270...
AUD/CAD traded higher during the European morning Tuesday, after it found support near 0.9524 on Monday. Overall, the pair is trading above all three of our moving averages, as well as above the...
EUR/USD continues to drift this week. Currently, the pair is trading at 1.1325, up 0.11% on the day. On the release front, German GfK Consumer Climate fell to 10.4, shy of the estimate of 10.8 points....
On the eve of the meeting of the RBNZ on the topic of monetary policy, the publication of data on the foreign trade of New Zealand was held. The Statistics Bureau of New Zealand reported on Tuesday...