something interesting

<  BACK TO Market Analysis

Forex Tech Targets

Bulls-and-bears_forex_FXPIG-tech-analysis_14.05.2019

EUR/USD:

24-HOUR VIEW: Intraday risk is tilted to the downside but expect strong support at 1.1205. EUR traded between 1.1220 and 1.1265 yesterday, close to our expected sideway trading range of 1.1215/1.1265. The rapid set-back from 1.1265 has weakened the underlying tone and the intraday risk is tilted to the downside. That said, any weakness is expected to face solid support at 1.1205 (there is another strong level at 1.1185). Yesterday’s high of 1.1265 is unlikely to be challenged for today (minor resistance is at 1.1245).

1-3 WEEKS VIEW: EUR is expected to trade sideways but risk of a break of 1.1265 has increased. No change in view from yesterday (13 May), see reproduced update below. Note that EUR tested 1.1265 for the second time but eased off and ended lower. EUR has to move above 1.1265 within these 1 to 2 days or the prospect for such a move would diminish quickly.

EUR touched 1.1253 last Friday before easing off to end the day slightly higher (NY close of 1.1233, +0.11%). The price action offers no fresh clue and we continue to hold the same view from earlier this month (see update of 02 May, spot at 1.1200) wherein EUR is expected “to trade sideways”. That said, as highlighted last Friday (10 May), the underlying tone has improved slightly and the risk for a break above the top of the expected 1.1110/1.1265 range has increased. Overall, the build-up in momentum is expected to gain steam if EUR can continue to register a higher daily closing from here. On the downside, a move below 1.1185 would indicate that the current nascent build-up in upward momentum has fizzled out. Looking ahead, if there were a daily closing above 1.1265, it would indicate that EUR is ready to move towards 1.1325.

GBP/USD:

24-HOUR VIEW: GBP could dip below 1.2930 but next support at 1.2900 could be just out of reach. Expectation for GBP to trade sideways yesterday was incorrect as it reversed quickly after touching 1.3040. While the sharp and swift drop to an overnight low of 1.2942 appears to be running ahead of itself, the weakness is not showing sign of stabilizing. From here, barring a move above 1.3000 (minor resistance at 1.2980), GBP could dip below the 1.2930 support. That said, the next support at 1.2900 could be just out of reach for now.

1-3 WEEKS VIEW: GBP has moved into a sideway-trading phase. GBP dropped to 1.2942 during NY hours, the low is not far above the bottom of our expected 1.2930/1.3110 sideway trading range. As highlighted last Thursday (09 May, spot at 1.3010), “the risk of a break of the bottom of the expected range appears to be a tad higher”. However, at this stage, the odds for GBP to move below last month low near 1.2865 are still not high. For now, we continue to hold the view that GBP is in a sideway-trading phase but the overnight price action acts as an early indication that GBP is ready to move into a negative phase (confirmation is upon a clear break below 1.2930).

AUD/USD:

24-HOUR VIEW: Vastly improved downward momentum suggests AUD could weaken further but 0.6910 could be just out of reach for now. The anticipated weakness in AUD exceeded our expectation as it not only cracked 0.6970 but also the strong level of 0.6950 (overnight low of 0.6941). The vastly improved downward momentum suggests AUD could weaken further even though the next support at 0.6910 could be just out of reach for now. On the upside, 0.6980 is expected to be ‘safe’ for today (minor resistance is at 0.6965).

1-3 WEEKS VIEW: Focus is at 0.6910. We have held the same view since last Monday (06 May, spot at 0.6980) wherein a “break of 0.6950 would shift focus to 0.6910”. After about a week, AUD finally cracked 0.6950, albeit not by much (low of 0.6941). The price action is not surprising as we indicated yesterday (13 May) that “the current short-term sideway trading phase is likely to be resolved by a ‘downside break’”. As per our narrative, the level to focus on now is at 0.6910. The level is followed by a rather critical level at 0.6885. A break of 0.6885 would greatly increase the risk of AUD accelerating lower in the weeks ahead. On the upside, the ‘key resistance’ has finally moved from its previous level of 0.7060 to 0.7010. Only a break of the 0.7010 ‘key resistance’ would indicate that the current AUD weakness has run its course (note the current negative started in late April).

NZD/USD:

24-HOUR VIEW: NZD could edge lower to 0.6545. We expected NZD to trade between 0.6570 and 0.6610 yesterday but it drifted to a low of 0.6564 before ending the day on a weak note (NY close of 0.6569). While downward momentum has not improved by much, the weak underlying tone suggests NZD could continue to edge lower to the next support at 0.6545. For today, a break of the post-RBNZ low of 0.6525 would come as a surprise. Resistance is at 0.6590 followed by 0.6610. The latter level is acting as a solid resistance now.

1-3 WEEKS VIEW: NZD is expected to test the rising weekly trend-line at 0.6500. No change in view from yesterday, see reproduced update below. After crashing to a low of 0.6525 last Wednesday (08 May), NZD has traded in a relatively subdued manner. The quiet price action has dented the downward momentum and the prospect for further NZD weakness has diminished. However, as long as the 0.6630 ‘key resistance’ is intact (no change in level of ‘key resistance), we continue to see chance for NZD to “test the rising weekly trend-line at 0.6500”. That said, NZD has to move and stay below 0.6570 within these few days or the downside risk would diminish further.

USD/JPY:

24-HOUR VIEW: USD could dip below but is unlikely to challenge the next support at 108.70. The sudden lurch lower in USD came a surprise as it cracked the strong 109.30 support and came close to taking out the next support at 109.00 (overnight low of 109.01). Despite the bounce from the low, it is too soon to expect a recovery. However, the ‘hesitant’ downward momentum suggests while USD could dip below 109.00, it is unlikely to challenge the next support at 108.70. Resistance is at 109.50 but the stronger level is closer to 109.85.

1-3 WEEKS VIEW: Risk of a clear break of 109.00 has increased. The negative phase in USD that started last Monday (06 May, spot at 110.65) is not only intact but has notched up a gear as USD easily cracked 109.30 and came close to 109.00 (low of 109.01 during NY hours). The rapid pace of decline suggests risk of a clear break of 109.00 has increased. However, shorter-term indicators are rather oversold and this could lead to a couple of days of consolidation first. For now, the prospect for further USD weakness is not that high but it would continue to increase as long as the ‘key resistance’ at 110.10 is intact (level was at 110.40 previously).

Source: efxdata

EUR/USD:

24-HOUR VIEW: Intraday risk is tilted to the downside but expect strong support at 1.1205. EUR traded between 1.1220 and 1.1265 yesterday, close to our expected sideway trading range of 1.1215/1.1265. The rapid set-back from 1.1265 has weakened the underlying tone and the intraday risk is tilted to the downside. That said, any weakness is expected to face solid support at 1.1205 (there is another strong level at 1.1185). Yesterday’s high of 1.1265 is unlikely to be challenged for today (minor resistance is at 1.1245).

1-3 WEEKS VIEW: EUR is expected to trade sideways but risk of a break of 1.1265 has increased. No change in view from yesterday (13 May), see reproduced update below. Note that EUR tested 1.1265 for the second time but eased off and ended lower. EUR has to move above 1.1265 within these 1 to 2 days or the prospect for such a move would diminish quickly.

EUR touched 1.1253 last Friday before easing off to end the day slightly higher (NY close of 1.1233, +0.11%). The price action offers no fresh clue and we continue to hold the same view from earlier this month (see update of 02 May, spot at 1.1200) wherein EUR is expected “to trade sideways”. That said, as highlighted last Friday (10 May), the underlying tone has improved slightly and the risk for a break above the top of the expected 1.1110/1.1265 range has increased. Overall, the build-up in momentum is expected to gain steam if EUR can continue to register a higher daily closing from here. On the downside, a move below 1.1185 would indicate that the current nascent build-up in upward momentum has fizzled out. Looking ahead, if there were a daily closing above 1.1265, it would indicate that EUR is ready to move towards 1.1325.

GBP/USD:

24-HOUR VIEW: GBP could dip below 1.2930 but next support at 1.2900 could be just out of reach. Expectation for GBP to trade sideways yesterday was incorrect as it reversed quickly after touching 1.3040. While the sharp and swift drop to an overnight low of 1.2942 appears to be running ahead of itself, the weakness is not showing sign of stabilizing. From here, barring a move above 1.3000 (minor resistance at 1.2980), GBP could dip below the 1.2930 support. That said, the next support at 1.2900 could be just out of reach for now.

1-3 WEEKS VIEW: GBP has moved into a sideway-trading phase. GBP dropped to 1.2942 during NY hours, the low is not far above the bottom of our expected 1.2930/1.3110 sideway trading range. As highlighted last Thursday (09 May, spot at 1.3010), “the risk of a break of the bottom of the expected range appears to be a tad higher”. However, at this stage, the odds for GBP to move below last month low near 1.2865 are still not high. For now, we continue to hold the view that GBP is in a sideway-trading phase but the overnight price action acts as an early indication that GBP is ready to move into a negative phase (confirmation is upon a clear break below 1.2930).

AUD/USD:

24-HOUR VIEW: Vastly improved downward momentum suggests AUD could weaken further but 0.6910 could be just out of reach for now. The anticipated weakness in AUD exceeded our expectation as it not only cracked 0.6970 but also the strong level of 0.6950 (overnight low of 0.6941). The vastly improved downward momentum suggests AUD could weaken further even though the next support at 0.6910 could be just out of reach for now. On the upside, 0.6980 is expected to be ‘safe’ for today (minor resistance is at 0.6965).

1-3 WEEKS VIEW: Focus is at 0.6910. We have held the same view since last Monday (06 May, spot at 0.6980) wherein a “break of 0.6950 would shift focus to 0.6910”. After about a week, AUD finally cracked 0.6950, albeit not by much (low of 0.6941). The price action is not surprising as we indicated yesterday (13 May) that “the current short-term sideway trading phase is likely to be resolved by a ‘downside break’”. As per our narrative, the level to focus on now is at 0.6910. The level is followed by a rather critical level at 0.6885. A break of 0.6885 would greatly increase the risk of AUD accelerating lower in the weeks ahead. On the upside, the ‘key resistance’ has finally moved from its previous level of 0.7060 to 0.7010. Only a break of the 0.7010 ‘key resistance’ would indicate that the current AUD weakness has run its course (note the current negative started in late April).

NZD/USD:

24-HOUR VIEW: NZD could edge lower to 0.6545. We expected NZD to trade between 0.6570 and 0.6610 yesterday but it drifted to a low of 0.6564 before ending the day on a weak note (NY close of 0.6569). While downward momentum has not improved by much, the weak underlying tone suggests NZD could continue to edge lower to the next support at 0.6545. For today, a break of the post-RBNZ low of 0.6525 would come as a surprise. Resistance is at 0.6590 followed by 0.6610. The latter level is acting as a solid resistance now.

1-3 WEEKS VIEW: NZD is expected to test the rising weekly trend-line at 0.6500. No change in view from yesterday, see reproduced update below. After crashing to a low of 0.6525 last Wednesday (08 May), NZD has traded in a relatively subdued manner. The quiet price action has dented the downward momentum and the prospect for further NZD weakness has diminished. However, as long as the 0.6630 ‘key resistance’ is intact (no change in level of ‘key resistance), we continue to see chance for NZD to “test the rising weekly trend-line at 0.6500”. That said, NZD has to move and stay below 0.6570 within these few days or the downside risk would diminish further.

USD/JPY:

24-HOUR VIEW: USD could dip below but is unlikely to challenge the next support at 108.70. The sudden lurch lower in USD came a surprise as it cracked the strong 109.30 support and came close to taking out the next support at 109.00 (overnight low of 109.01). Despite the bounce from the low, it is too soon to expect a recovery. However, the ‘hesitant’ downward momentum suggests while USD could dip below 109.00, it is unlikely to challenge the next support at 108.70. Resistance is at 109.50 but the stronger level is closer to 109.85.

1-3 WEEKS VIEW: Risk of a clear break of 109.00 has increased. The negative phase in USD that started last Monday (06 May, spot at 110.65) is not only intact but has notched up a gear as USD easily cracked 109.30 and came close to 109.00 (low of 109.01 during NY hours). The rapid pace of decline suggests risk of a clear break of 109.00 has increased. However, shorter-term indicators are rather oversold and this could lead to a couple of days of consolidation first. For now, the prospect for further USD weakness is not that high but it would continue to increase as long as the ‘key resistance’ at 110.10 is intact (level was at 110.40 previously).

Source: efxdata

lastest Articles

Market Analysis
Dollar mixed and Stocks Fall as markets brace for more global easing
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP: Guided by the UK politics
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY: Back under pressure
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 18.07.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold technical analysis: Bears challenge a key pivotal support near $1400 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 17.07.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/JPY recovers from lows, back around 121.40
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Canada: Housing data in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 15.07.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR: ECB-related uncertainty lingers
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD Canadian Dollar Higher as Dollar Faced Fed Cut Pressure
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD: Less of a safe haven now - ING
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 12.07.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOE’s Vlieghe: BOE may need to raise rates if inflation expectations are deanchored by a no-deal Brexit
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold technical analysis: Set-up remains in favour of bullish traders, dip-buying to help the downside
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD - 11.07.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bank Of England Sees Significant Market Volatility In Disorderly Brexit
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold steadily climbs to session tops, farther beyond $1400 handle
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 08.07.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: USD looking strong, Turkish lira plunges, new trade tensions arise
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
King Dollar’s reign could end on Powell’s testimony and trade war progress
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD at the crossroads - ING
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil: Prices likely to rebound this year – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US: Payrolls likely to increase 150k in June - TDS
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
RBA: More rate cuts to come? - Westpac
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Lane: No comments on monetary policy
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold slips back closer to overnight swing low, below $1415 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Technical Analysis: Further downside should test the 100-day SMA at 1.1259
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
RBA delivers consecutive cuts - TDS
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, NZD/USD, USD/JPY - 02.07.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD Canadian Dollar Rises on Rate Divergence With Fed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
G20 meeting: Trump and Xi meeting in focus - Westpac
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY: Market stays immediately offered
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD struggles below 1.3100 handle, fresh multi-month lows
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold climbs to weekly tops, around $1338 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 13.06.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
UK PM Candidate Javid: My absolute priority is to deliver a Brexit deal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US: Damage already done from the Mexico tariff threat? – ABN AMRO
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY -12.06.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Preview: Draghi’s speech at ECB conference on CESEE in Frankfurt
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
OPEC+ and global supply risks to put a floor in crude markets - TDS
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold slips to 1-week low, below $1325 level amid fading safe-haven demand
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOREX Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY -11.06.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Obsessed
This Time It's Different
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EU Commissioner Moscovici: EU still has risks to monitor, including Brexit and Italy’s finances
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold drops to multi-day lows, around $1325 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 10.06.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD Canadian Dollar Higher After US and Canadian Jobs Report
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Vasiliauskas: Inflation outlook is 'not bad'
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOJ: Expect further easing in September – JP Morgan
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD flirting with daily lows near 1.1260
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB and Eurozone GDP amongst market movers today – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Downtrend eroded? - Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOMC: July meeting priced in for 21bps of cuts – Deutsche Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD firmer, approaches 1.1300 ahead of US ADP
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB: Tweak in policy rate forward guidance?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD: Further selling? – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold jumps to over 3-month tops, around $1330 area
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/GBP could move towards 0.9 – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Market Death by Tariffs; Safe-Havens Reign Supreme
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD holds steady near 1.1135 amid falling German yields
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 31.05.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold technical analysis: Bulls challenge 100-hour SMA/38.2% Fibo. confluence resistance
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE's Ramsden: Little more pessimistic about the GDP growth that the latest BoE forecasts
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 30.05.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY climbs to 1-week tops, 110.00 mark back on sight
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Technical Analysis: Rising bets for another test of 2019 lows near 1.1100
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 29.05.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold rallies to session tops, around $1285 level amid reviving safe-haven demand
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD remains under pressure around 1.1180
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 28.05.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/JPY treads water near 109.50 amid negative Treasury yields
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/JPY technical analysis: Hangs near multi-month lows, bears eyeing a break below mid-138.00s
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD ticks higher to mid-1.3400s amid weaker Oil prices
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD unable to gather traction above 1.1200
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
May’s Resignation means Brexit is Back to Square One
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 24.05.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD clings to modest recovery gains, 1.2700 mark back on sight post-UK data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Technical Analysis: Interim resistance emerges at the 55-day SMA at 1.1236
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold in search of a firm direction, holds steady near $1275 area
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD remains under pressure near 1.1150 post-German GDP
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 22.05.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOMC Minutes to portray a cautious tone
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD technical analysis: Hammered down to 4-1/2 lows, vulnerable to test 1.2600 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY -21.02.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
RBA: Rate cut in June and August?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD resumes the downside near 1.1150 ahead of ECB, data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's de Cos: European financial system remains fragile
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/JPY remains sidelined below the 123.00 handle
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD seen at 1.15 in 6-month – Danske Bank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/CAD Canadian Dollar Lower Despite Reaching Tariff Agreement With US
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 17.05.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold drops to session lows, retreats further below $1300 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Short-term consolidation?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
JPY futures: room for further depreciation
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
USD/TRY edging higher, approaches the 6.10 area
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AUD/USD technical analysis: Bears flirting with 1-week old descending trend-channel support
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - 14.05.2019
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD keeps the red below mid-1.2900s, 2-week lows post-UK jobs data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Technical Analysis: Recent tops and the 55-day SMA keeps limiting extra gains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613