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Daily Look

EUR: July ECB Meeting Likely Non-Event With Little Implications For EUR – NAB

July 25, 2018 - by - Leave a Comment

EUR/USD likes its range and is not going anywhere fast. Will the meeting of the European Central Bank change that? Probably not. Here is their view, courtesy of eFXdata: NAB …

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Daily Look

EUR: Not Expecting Any Reaction Whatsoever By Mkt To Outcome Of This Week’s ECB – SEB

July 24, 2018 - by - Leave a Comment

EUR/USD has been drifting lower after rising beforehand. The ECB meeting is next. What can we expect? Here is their view, courtesy of eFXdata: SEB Research discusses the expectations around this …

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Daily Look

USD/JPY: Scope For A Move Towards 114.50 Before Meeting Serious Resistance – NAB

July 20, 2018 - by - Leave a Comment

USD/JPY retreated after marching to the upside. What’s next? Here is their view, courtesy of eFXdata: NAB Research discusses USD/JPY outlook and notes that from a technical perspective USD/JPY has room …

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Daily Look

GBP/USD: after the first attempt failed, falling under 1.30 may be harder

July 19, 2018 - by - Leave a Comment

The GBP/USD dropped to 10-month lows and got very close to 1.3000. However, after the pair stabilized, it has a lot of support above the round number. The Technical Confluences Indicator shows …

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Daily Look

GBP/USD: Political Uncertainty & Soft Inflation Could Push-Back BoE August Hike – MUFG

July 19, 2018 - by - Leave a Comment

The pound was hit by weak inflation that joined political uncertainty and other issues. What’s next? Here is their view, courtesy of eFXdata: MUFG Research discusses GBP outlook and notes …

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Daily Look

Easier falling than rising for EUR/USD

July 18, 2018 - by - Leave a Comment

The EUR/USD is trading lower as the US Dollar sweeps the board. While it has some room to recover, the path of least resistance remains to the downside. The Technical Confluences Indicator shows that …

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Daily Look

USD/JPY: First Resistance Comes At 114.20; A Buy On Dips Into 111.35 – ING

July 18, 2018 - by - Leave a Comment

Dollar/yen is trading around 113, the highest in 6 months. What’s next? The team at ING eyes new levels. Here is their view, courtesy of eFXdata: ING discusses USD/JPY technical outlook …

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Daily Look

AUD/USD: 5 Consecutive Weekly Closes Within 40 Pips; What’s Next? – NAB

July 17, 2018 - by - Leave a Comment

The Australian Dollar is moving up and down with the mood of stock markets and trade wars but is not going anywhere fast. Here is their view, courtesy of eFXdata: …

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Daily Look

GBP/USD: The upside is more appealing

July 17, 2018 - by - Leave a Comment

After the GBP/USD traded quietly, things are heating up with UK jobs and the testimony by Fed Chair Jerome Powell. Which direction will the pair choose? There is more room …

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Daily Look

USD/CAD: Looking To Reestablish Fresh Longs On Dips Near 1.3050 – TD

July 17, 2018 - by - Leave a Comment

The Canadian Dollar was unable to rise despite a hawkish hike. What does it mean for USD/CAD? Here is their view, courtesy of eFXdata: TD Research discusses USD/CAD outlook and …

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