The USD/JPY enjoyed a recovery after the risk-off sentiment faded away. Can it continue its upward trajectory? Not so fast? The Technical Confluences Indicator shows that that the pair initially needs to …
Read More
The pound has been under pressure amid Brexit political developments. What’s next? Here is their view, courtesy of eFXdata: Danske Research discusses its expectation for the ongoing Brexit developments. Danske targets …
Read More
Another defeat for the UK government in the House of Lords and the reports that the US wants to impose new tariffs on $200 billion worth of Chinese goods weighs …
Read More
EUR/USD consolidated previous levels in an easy start to the week. The key to its recovery awaits on the other side of the week. Here is their view, courtesy of …
Read More
The EUR/USD is still licking its wounds from the one-two punch dealt by Draghi and Powell last week but may have a hard time to recover. The Technical Confluences Indicator shows that the 1.1596 is a …
Read More
The Australian Dollar suffered under the pressure of the greenback. What’s next? Here is their view, courtesy of eFXdata: NAB discusses AUD/USD technical outlook and flags a bearish reversal pattern in …
Read More
The ECB announced its exit plan from the QE program, but it was wrapped up with conditions. The EUR/USD is down over 200 pips peak to trough. The technical picture …
Read More
The European Central Bank announced tapering but laid out so many conditions and caveats that sent the euro sharply lower. What’s next? Here is their view, courtesy of eFXdata: ING …
Read More
The US Dollar is on a roll following an upbeat retail sales report and a hawkish hike by the Fed. What’s next? Here is their view, courtesy of eFXdata: MUFG …
Read More
The EUR/USD managed to find its feet after the hawkish hike from the Fed, and it now faces the European Central Bank. What levels should we look out for? The Technical Confluences Indicator shows …
Read More