something interesting

<  BACK TO Market Analysis

FOREX Tech Targets

Bulls-and-bears_FXPIG_forex_02.05.2019

EUR/USD:

24-HOUR VIEW: Weakness in EUR could test 1.1170 first before a recovery can be expected. After edging to a high of 1.1265, EUR plunged and hit a low of 1.1186 during late-NY hours. While the sharp and rapid decline appears to be running ahead of itself, the down-move is not showing sign of stabilizing. From here, EUR could test the 1.1170 support first before a recovery can be expected. For today, the next support at 1.1145 is not expected to come into the picture. On the upside, only a move above 1.1240 would indicate that the current weakness has stabilized (minor resistance is at 1.1220).

1-3 WEEKS VIEW: EUR is expected to trade sideways. EUR cracked the 1.1210 ‘key resistance’ on Tuesday (30 Apr) before extending its gain to a 2-week high of 1.1265 yesterday (01 May). The up-move was however short-lived as it dropped sharply after FOMC announcement and ended the day lower by -0.18% (NY close of 1.1194). The inability to extend its weakness below 1.1100 (last week low of 1.1110) and the rapid pull-back from the 1.1265 trend-line resistance suggest the current movement is likely part of a consolidation phase. In other words, EUR is expected to trade sideways.

GBP/USD:

24-HOUR VIEW: GBP is expected to trade sideways, likely within a 1.3010/1.3090 range. The swift drop from an overnight high of occurred amidst overbought conditions. The late-NY peak of 1.3102 is deemed as a short-term top and GBP is expected to stay below this level for today. That said, it is too soon to expect a sustained pull-back. GBP is more likely to consolidate and trade sideways at these higher levels, expected to be within a 1.3010/1.3090 range.

1-3 WEEKS VIEW: Rebound in GBP has scope to extend to 1.3130. The strong advance in GBP over the past couple of days took out several strong resistance levels with ease. The price action suggests GBP has likely made a short-term bottom at 1.2866 last Thursday (25 Apr). While upward momentum is not exactly strong, the rebound from the low has room to extend higher towards 1.3130. At this stage, the prospect for a move to the April’s peak of 1.3196 is not high. All in, GBP is expected to trade with a positive bias from here and only a break of the 1.2975 ‘key support’ would indicate that the current upward pressure has eased.

AUD/USD:

24-HOUR VIEW: AUD could continue to move lower but weakness could be ‘limited’ to a probe of last week’s 0.6988 low. While the rapid drop during late-NY hours appears to be overdone, the weakened underlying tone suggests AUD could continue to move lower from here. That said, in view of the lackluster momentum, any weakness could be ‘limited’ to a probe of last week’s low at 0.6988 (a sustained drop below this level is not expected). Resistance is at 0.7030 followed by 0.7045. The 0.7060 high registered early yesterday is not expected to be challenged.

1-3 WEEKS VIEW: A NY close below 0.7005 would open up the way for AUD to move to 0.6950. After the sharp decline in AUD last week, we indicated last Thursday (25 Apr, spot at 0.7015) that only a “NY close below 0.7005 would open up the way for AUD to move to 0.6950”. Since then, AUD staged a mild recovery and touched 0.7069 on Tuesday (30 Apr) before dropping back quickly yesterday. The underlying tone remains soft and we continue to hold the same view that AUD could extend its weakness to 0.6950. Only a break of the 0.7080 ‘key resistance’ (level was previously at 0.7100) would indicate that last week’s 0.6988 low is a short-term bottom.

NZD/USD:

24-HOUR VIEW: NZD could drift lower but a break of the solid 0.6610 support would come as a surprise. Despite the sharp overnight decline, downward momentum has not improved by much. That said, the soft underlying tone suggests NZD could drift lower from here but a break of the solid 0.6610 support would come as a surprise. Resistance is at 0.6645 followed by 0.6660.

1-3 WEEKS VIEW: Short-term bottom in place, NZD has likely moved into a consolidation phase. There is not much to add to the update from Monday (29 Apr, spot at 0.6660). As indicated, NZD has likely moved into a consolidation phase and is expected to trade sideways, likely within a 0.6610/0.6730 range.

USD/JPY:

24-HOUR VIEW: USD could move above the overnight high of 111.61 but a move beyond 111.85 appears highly unlikely. After dropping to a low of 111.03, USD soared to an overnight high of 111.61. While upward momentum has not improved by much, USD could move above the overnight high. That said, a move beyond the next resistance at 111.85 appears highly unlikely. On the downside, support is at 111.20 followed the solid support at 111.00.

1-3 WEEKS VIEW: USD has likely moved into a consolidation phase. We have held the same view since last Friday (26 Apr, spot at 111.65) wherein USD is deemed to “have moved into a consolidation phase” and is expected to trade sideways within a broad 111.00/112.30. USD tested the bottom of the range yesterday (01 May) but rebounded strongly after touching 111.03. The price action reinforces our view and we continue to expect USD to trade sideways within the range mentioned above for now.

Source: efxdata

EUR/USD:

24-HOUR VIEW: Weakness in EUR could test 1.1170 first before a recovery can be expected. After edging to a high of 1.1265, EUR plunged and hit a low of 1.1186 during late-NY hours. While the sharp and rapid decline appears to be running ahead of itself, the down-move is not showing sign of stabilizing. From here, EUR could test the 1.1170 support first before a recovery can be expected. For today, the next support at 1.1145 is not expected to come into the picture. On the upside, only a move above 1.1240 would indicate that the current weakness has stabilized (minor resistance is at 1.1220).

1-3 WEEKS VIEW: EUR is expected to trade sideways. EUR cracked the 1.1210 ‘key resistance’ on Tuesday (30 Apr) before extending its gain to a 2-week high of 1.1265 yesterday (01 May). The up-move was however short-lived as it dropped sharply after FOMC announcement and ended the day lower by -0.18% (NY close of 1.1194). The inability to extend its weakness below 1.1100 (last week low of 1.1110) and the rapid pull-back from the 1.1265 trend-line resistance suggest the current movement is likely part of a consolidation phase. In other words, EUR is expected to trade sideways.

GBP/USD:

24-HOUR VIEW: GBP is expected to trade sideways, likely within a 1.3010/1.3090 range. The swift drop from an overnight high of occurred amidst overbought conditions. The late-NY peak of 1.3102 is deemed as a short-term top and GBP is expected to stay below this level for today. That said, it is too soon to expect a sustained pull-back. GBP is more likely to consolidate and trade sideways at these higher levels, expected to be within a 1.3010/1.3090 range.

1-3 WEEKS VIEW: Rebound in GBP has scope to extend to 1.3130. The strong advance in GBP over the past couple of days took out several strong resistance levels with ease. The price action suggests GBP has likely made a short-term bottom at 1.2866 last Thursday (25 Apr). While upward momentum is not exactly strong, the rebound from the low has room to extend higher towards 1.3130. At this stage, the prospect for a move to the April’s peak of 1.3196 is not high. All in, GBP is expected to trade with a positive bias from here and only a break of the 1.2975 ‘key support’ would indicate that the current upward pressure has eased.

AUD/USD:

24-HOUR VIEW: AUD could continue to move lower but weakness could be ‘limited’ to a probe of last week’s 0.6988 low. While the rapid drop during late-NY hours appears to be overdone, the weakened underlying tone suggests AUD could continue to move lower from here. That said, in view of the lackluster momentum, any weakness could be ‘limited’ to a probe of last week’s low at 0.6988 (a sustained drop below this level is not expected). Resistance is at 0.7030 followed by 0.7045. The 0.7060 high registered early yesterday is not expected to be challenged.

1-3 WEEKS VIEW: A NY close below 0.7005 would open up the way for AUD to move to 0.6950. After the sharp decline in AUD last week, we indicated last Thursday (25 Apr, spot at 0.7015) that only a “NY close below 0.7005 would open up the way for AUD to move to 0.6950”. Since then, AUD staged a mild recovery and touched 0.7069 on Tuesday (30 Apr) before dropping back quickly yesterday. The underlying tone remains soft and we continue to hold the same view that AUD could extend its weakness to 0.6950. Only a break of the 0.7080 ‘key resistance’ (level was previously at 0.7100) would indicate that last week’s 0.6988 low is a short-term bottom.

NZD/USD:

24-HOUR VIEW: NZD could drift lower but a break of the solid 0.6610 support would come as a surprise. Despite the sharp overnight decline, downward momentum has not improved by much. That said, the soft underlying tone suggests NZD could drift lower from here but a break of the solid 0.6610 support would come as a surprise. Resistance is at 0.6645 followed by 0.6660.

1-3 WEEKS VIEW: Short-term bottom in place, NZD has likely moved into a consolidation phase. There is not much to add to the update from Monday (29 Apr, spot at 0.6660). As indicated, NZD has likely moved into a consolidation phase and is expected to trade sideways, likely within a 0.6610/0.6730 range.

USD/JPY:

24-HOUR VIEW: USD could move above the overnight high of 111.61 but a move beyond 111.85 appears highly unlikely. After dropping to a low of 111.03, USD soared to an overnight high of 111.61. While upward momentum has not improved by much, USD could move above the overnight high. That said, a move beyond the next resistance at 111.85 appears highly unlikely. On the downside, support is at 111.20 followed the solid support at 111.00.

1-3 WEEKS VIEW: USD has likely moved into a consolidation phase. We have held the same view since last Friday (26 Apr, spot at 111.65) wherein USD is deemed to “have moved into a consolidation phase” and is expected to trade sideways within a broad 111.00/112.30. USD tested the bottom of the range yesterday (01 May) but rebounded strongly after touching 111.03. The price action reinforces our view and we continue to expect USD to trade sideways within the range mentioned above for now.

Source: efxdata

lastest Articles

Market Analysis
EUR/USD Forecast: Overbought, so what? Stimulus hopes blind investors' eyes (for now)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Markets cheer hopes of US stimulus deal, election polls in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold flirts with the $1,900 level in anticipation of news on the fiscal front
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Bulls are in control and eye 1.1795
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar retreats on fresh stimulus hopes, Brexit and coronavirus news eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Time running out for Trump
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Dead cat bounce could provide sell opportunity, euro faces three headwinds
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates amid stimulus and Brexit uncertainty, ahead of US retail sales
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar finds its feet amid stalled stimulus talks, ahead of US data, EU Summit
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar’s haven demand back in vogue amid stimulus delay, vaccine trial pause
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD Price Forecast: Cautious ahead of key week
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Price Analysis: Three factors why BTC is going to surge
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Yuan slumps on China’s policy move, coronavirus risk downs euro amid light trading
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Risk events galore
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: One more possibility around year-end for testing of 1.20 – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold looks to the upside ahead of Powell’s speech
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Cautious mood and “sell the fact” after Trump's discharge, stimulus news eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Markets hate uncertainty
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Euro attacks strong resistance, why this could be a fakeout
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: High hopes for US fiscal stimulus boost sentiment, NFP hints eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar rises after an ugly presidential debate, US data, end-of-month flows eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD now looks to 1.1800 and above – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
S&P 500: Three critical policy disappointments behind the correction – Morgan Stanley
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin's mass adoption passes the point of no return
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar declines on hopes for a US fiscal deal, ahead of presidential debate
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Elections: A decisive Democratic victory to hit the USD – Nordea
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Bearish pressures mounting
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar bulls take a breather amid an upbeat start to a Big week
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Let the debates begin!
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Price Prediction: BTC slips into “Buy the Dip” Zone
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Eyes on August lows of $1863 ahead of US PMIs and round two Powell
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US dollar’s haven demand in vogue ahead of a busy day
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold remains on track to test the August low of $1863
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Bears now eyeing a sustained break below 1.1700 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar buoyant ahead of Powell, UK PM Johnson’s COBRA meeting eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Futures: Still room for extra gains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Further consolidation looks likely ahead of Fed speakers
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US dollar sags amid fiscal overhang, mounting coronavirus risks
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – No ease up for Powell
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOE Quick Analysis: Bailey blasts sterling with specter of negative rates, why more falls are likely
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s De Guindos: Euro exchange rate is fundamental for inflation
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Fed drives dollar higher, gold and stocks lower, BOE, jobless claims eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold aims $1980 as focus shifts to Wednesday’s FOMC
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD to surge to 1.40 by September-2021 – UBS
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Upbeat Chinese data boosts mood, Boris' bill passes first hurdle, Gold shines
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – More stimulus on the way?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Lane: Euro's rise dampens inflation outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: King dollar holds the rein amid cautious optimism, eyes on US CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Euro set to fall? ECB expectations may be overconfident
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Brexit in deep crisis, vaccine hopes resurface, all eyes on the ECB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Brent Oil resumes its core bear trend
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Muller: A timely exit from temporary emergency measures is important
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine trial halt exacerbates risk off mood, Brexit, BOC, and US fiscal talks eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD drops further and approaches $1,900/oz
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Price Update: BTC bulls ready to strike back once $11,000 is cleared
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Hard-Brexit fears pound the Pound, Dollar bid on US-Sino woes
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD risks deeper pullback as 1.20 peak looks far
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Downside appears more compelling while below $1946 – Confluence Detector
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar stabilizes in the NFP aftermath, Oil tumbles amid holiday-thinned trading
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead - Trump Closing the Gap
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Nonfarm Payrolls Preview: Fed’s policy shift to introduce vital noise
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold rebounds from weekly lows, turns neutral around $1945 region
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD trims losses and regains 1.1850 post-US ISM
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Fed's Williams: Policymakers seek inflation that targets 2% over time
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Cash Market Update: BCH fork is inevitable as Bitcoin ABC team separates from the project
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar climbs back from the abyss, ADP NFP, Fed speakers awaited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Bring on the Jobs Report
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Jackson Hole Goes Virtual
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead - The focus remains on COVID-19, the Fed and Congress
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold up, dollar down amid stalled fiscal talks, vaccine hopes, ahead of jobless claims
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead- Is the economic recovery stalling?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar licking its wounds, gold gives ground, ahead of the all-important Fed decision
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – What more can the Fed do?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Market Update: BTC/USD hits a pause button before another bullish assault
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Potential correction ahead of further gains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: China's payback weighs on markets, boosts dollar, PMIs, coronavirus figures eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Technicals show bulls have the upper hand
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Correction in sight after reaching nine-year highs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar licking its wounds, gold shines, US coronavirus cases eyed after Trump's U-turn
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold jumps to fresh multi-year tops, beyond $1820 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: EUR/USD sells the fact, Gold looking strong, Trump's coronavirus briefs make comeback
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Market Update: BTC fails to live up to the status of digital gold
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
S&P 500 Futures Price Analysis: Bears retain control after rejection at falling trendline resistance
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: EU leaders can’t reach an agreement on the EU rescue fund
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Focus remains on Virus Spread, Fiscal Stimulus, Rebounding data, and Earnings
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD continues to look at the 1.1495 March high
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AUD/USD to remain resilient in the near-term
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates ahead of EU Summit, updated look at the US consumer amid rising cases
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold probes multi-day lows around $1,790/oz
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: A test of 1.1420 appears closer
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US dollar seizes control as risk aversion returns, a busy docket ahead
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold to stay above $1800 fueled by lower real rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB expected to keep rates unchanged
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine, earnings optimism downs the dollar; eyes on COVID-19 stats, BOE’s Bailey
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Bring on Earnings Season
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Upside looks limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Lagarde: Economic recovery would be constrained, uncertain and fragmented
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold eyeing $1,800, dollar mixed, as coronavirus, Hong Kong peg move markets
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Holds steady above $1775 level, bullish bias remains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOJ to project economic recovery in report next week – Reuters
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613