USD/JPY Could Reach 115.00 in 3-Month – Danske Bank Morten Helt, Senior Analyst at Danske Bank, believes the pair could accelerate the upside to the 115.00 area in a 3-month view...
USD: A Buy On Dips: Further Upside Vs EUR, JPY, AUD - Credit Agricole The USD has been well supported, mainly on the back of somewhat higher expectations of the Fed considering higher rates in June...
USD/JPY Forecast: Dollar Gains, No Matter What Dollar gains, no matter what. The USD/JPY has advanced overnight up to 110.37, with a short lived bearish knee-jerk down to 109.77 being quickly reversed...
USD/CHF Faded a Spike to 0.9922, Drops Back Below 0.9890 The USD/CHF pair faded its spike to 0.9922, led by a drop in US initial jobless claims, and has now dropped back below 0.9900 level to currently trade at 0.9885. Including today's up-move to 0...
AUD/USD Still Neutral Near-term - UOB The research team at UOB Group maintains its neutral perspective on the Aussie dollar in the next 1-3 weeks. Key Quotes “We shifted to a neutral stance yesterday and there is no change to our view”...
US Dollar Rejected from 95.50, Back to 95.30 The dollar’s upside remains well and sound today, although the US Dollar Index seems to have met quite a strong resistance around 95.50. US Dollar extends the rally post-FOMC The greenback is advancing for the third week in a row, recovering the 95...
USD/CAD Climbs to a Six-Week High Level of 1.3154 Following the release of weekly US jobless claims data, the USD/CAD pair spiked to 1.3154 marking its highest level since April 8. The pair has witnessed a gradual recovery of nearly 700-pips from a multi-month low level of 1...
EUR/USD Attempts to Regain 1.1200 after Fresh Lows EUR/USD stretched to fresh 7-week lows sub-1.1200 at the beginning of the New York session amid a stronger greenback on the back of hawkish FOMC minutes published the previous day...
USD/JPY Back above 110.00 Post-US Data It seems the greenback has recovered the smile today, now lifting USD/JPY once again beyond the 110.00 handle...
Further Uncertainty As Indexes Gained On Friday, Will Uptrend Resume? Briefly: In our opinion speculative long positions are still favored (with stop-loss at 1,850, S&P 500 index...
AUD/USD: Got Me Under Pressure - Westpac Research Team at Westpac, suggests that today’s April labour force data suggested that Australian wages growth will remain muted until further notice. Key Quotes “The 11k rise in total jobs was very close to expectations and the 5...
USD/JPY Cleared 109.70, Now Eyes 111.00 – UOB The research team at UOB Group has turned bullish on USD/JPY and believes it could test 111.00 in the short term. Key Quotes “The 109.70 target was finally met yesterday and the bullish phase that started last week is still clearly intact”...
USD/JPY Risks Point to the Upside – Westpac Strategist at Westpac Robert Rennie sees the pair could edge higher in the near term. Key Quotes “Last week we argued for USD/JPY in a 108/109.50 range, though we highlighted “risks around FOMC minutes and US CPI to the topside”...
EUR/USD Breaks Below 1.12, Session Lows The greenback is extending its rally today, now forcing EUR/USD to break below the critical support at 1.1200. EUR/USD focus on US releases Spot is printing fresh 7-week lows in sub-1...
US Dollar Index Trade Idea Major resistance- 95.20 (Apr 14th 2016) Major support – 94.10 (21 day MA) US Dollar index has surged overnight on the modestly hawkish FOMC minutes increased hopes of rate hike in June...
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, XAU/USD Analysis for May 19th, 2016 EURUSD, “Euro vs US Dollar” We think, today the price may reach a new low. Later, in our opinion, the market may form another consolidation to start a new correction...
GBP/USD Bullish Again, Targets 1.4770 – UOB Following the sharp appreciation of GBP/USD, analysts at UOB Group have shifted their stance to bearish. Key Quotes “The unexpected clear and strong break above 1.4550 has shifted the 2-week neutral outlook to bullish again”...
USD/CAD Knocks 1.3100 Handle, Now Eyeing to Test 1.3150 Building on to its recovery momentum above 1.3000 psychological mark, the USD/CAD pair tapped 1.3100 handle on Thursday for the first time since April 8...
Sharp Recovery Lifts USD/CHF Back Close to 0.9900 Level In the last one hour, the USD/CHF pair witnessed a sharp recovery from session's low and has now moved within striking distance of 0.9900 level...
