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EUR/USD: Friday’s unexpected rally through 1.1350 on increased volumes makes us more bullish in the short term. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 A move above 1.1375 would signal higher towards targets in the 1.1420/50 area...
On Thursday 23 June, UK voters will decide whether to maintain the United Kingdom's membership of the EU. In the run-up to this referendum, we may see larger than expected volatility as the financial markets react to the final stages of the political campaigns...
Dear Matthew, The referendum to decide Britain’s membership of the EU will take place in 2 weeks time on Thursday the 23rd June. As we approach the day of the vote it is possible that markets will become increasingly volatile...
USDCHF: Having the pair sold off the past week and followed through lower during Monday trading session, further weakness is envisaged. On the downside, support lies at the 0.9662 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level...
Upside Vulnerability in USD/NOK From an hourly perspective, the USD/NOK has reached its lowest momentum reading of the last 20 days of trading. Moreover, the recent plummeting USD/NOK price action has been highlighted by an above-average reading in the MACD histogram...
RBNZ: Can There be a Surprise Cut in Rates? – TDS Research Team at TDS, suggests that the RBNZ is caught flat-footed when compared with the RBA...
GBP/USD Drops Back Below 1.4400 Handle, Still Holding 1.4350 Support The GBP/USD pair is witnessing a volatile session as the pair during Monday opening trade dropped to 1.4352 before staging a sharp recovery to 1.4463 and has now dropped back below 1.4400 handle...
Anticipation of Fed Policy is Shaping the Investment Climate - BBH Research Team at BBH, suggests that through the first part of the year, the swinging pendulum of expectations for the trajectory of Fed policy has been a major driver in the foreign exchange market...
USD/JPY Decline Could Extend to 106.00 – UOB According to the research team at UOB Group, USD/JPY’s downside could test the 106.00 area. Key Quotes “The weak US nonfarm payrolls print last Friday sent the USD/JPY even further lower to the 106-levels...
GBP/JPY Recovers Sharply but Turns Volatile to Trade Flat Near 154.00 The GBP/JPY pair staged a sharp recovery from a 7-week low level of 152.95, touched during earlier Asian session, and jumped to 154.90 before turning volatile and retracing back to currently trade flat around 154.00...
GBP/JPY Faces Resistance at 155.15, Break Above Targets 157.20/158 Major resistance- 155.15 (Hourly Kijun-Sen) The pair has broken minor resistance 153.85 (hourly Tenken-Sen) and jumped till 154.85. It is currently trading around 154.62. In the hourly-chart the pair should close above 155...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, June 6th GBP/USD has dropped sharply this morning, testing new three-week low at 1.4353 spot...
FTSE Leads European Stocks Advance, Miners – Top Gainers The European stocks opened a fresh trading week on a positive note, now extending initial gains largely on the back of strong gains seen in the resource and mining stocks...
US Dollar Holding on to 94.00 Ahead of Yellen The US Dollar Index, which tracks the greenback vs. its main rivals, has eased earlier gains and is now back around the 94.00 handle...
GBP/USD Forecast: Downward Risk Increase as the Referendum Looms The GBP/USD pair started the week gapping lower, erasing all of its Friday's gains and reaching a fresh three-week low of 1...
USD/JPY Recovers Further to Test 107.30 Amid Positive Equities The USD/JPY pair regained lost momentum and extended its recovery above 107 handle, now hovering in close proximity to session highs as the European stocks trade higher. USD/JPY heading towards 5-DMA at 107...
GBP/USD Scope to Test 1.4330 – UOB The door is still open for a test of the 1.4330 area in GBP/USD, according to the research team at UOB Group. Key Quotes “While GBP moved above the 1.4550 resistance last Friday, it was unable to hold on to its gains”...
AUD/USD Turns Flat, Consolidating Around 100-DMA The AUD/USD pair erased majority of early Asian session losses to 0.7315 level and turned flat as the greenback seems to add on to its Friday's sharp downfall...
RBA Seen ‘On Hold’ Tomorrow – TDS Strategists at TD Securities expect the RBA to keeps its monetary policy unchanged at its meeting tomorrow, at 1.75%. Key Quotes “We expect the RBA to hold at 1.75% after hawkish May Minutes and a string of decent data”...
