Pound could further plummet on UK Inflation Day
The GBP/USD is on the back foot on Inflation day in the UK. Where will it go from here? The Technical Confluences Indicator shows that it will be easier for the pair to …
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AUD/USD: On The Upswing; Where To Target? – CIBC
The Australian Dollar is making its way higher, quite quietly. What’s next? Here is their view, courtesy of eFXdata: CIBC Research discusses AUD outlook and adopts a structural bullish bias targeting …
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USD/CAD: No Longer A Petro-Loonie; En-Route To 1.32 In Q3 – CIBC
The Canadian dollar suffered from bad economic news and lost some ground. What’s next? Here is their view, courtesy of eFXdata: CIBC Research discusses USD/CAD outlook and adopts a structural bullish …
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EUR/USD: Scope For Testing 1.1650 But FOMC Minutes Could Dampen USD Upside – BTMU
EUR/USD consolidated its losses and stabilized. Is it ready for another fall? Here is the view from BTMU: Here is their view, courtesy of eFXdata: BTMU Research discusses EUR/USD outlook …
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EUR/USD has an easier path down amid a strong cap
The EUR/USD reached the $1.1760 target discussed yesterday and bounced. However, an extended recovery will be very hard from here, and it will be easier to fall. The Technical Confluences Indicator shows …
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GBP/USD jump found its limits
The GBP/USD jumped from the lows after a report that the UK might stay in the Customs Union. Where next? The Technical Confluences Indicator shows that there is a good reason why …
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USD: 3 Reasons Why Higher USD and UST yields Could Trigger Significant Risk-Off – Credit Agricole
US bond yields are on the rise and they carry the US Dollar higher with them. What does it means for broader markets? Here is their view, courtesy of eFXdata: …
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EUR/USD battle lines set for the next big move
After the EUR/USD failed to breach nor reach $1.2000 (as forecast here), the pair dropped to lower ground and found some stability. This stability may not last too long as …
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GBP/USD Likely To Gain On Strong UK Labor Data – BTMU
The British Pound has stabilized after the blow from the BOE and the previous plunges. The next moves depend on the jobs report. What’s next? Here is their view, courtesy …
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1.2000 is not as close as it seems for EUR/USD
The EUR/USD is extending its recovery after hitting new lows for the year. The pair nears $1.2000 but faces a dense cluster of resistance. The Technical Confluences Indicator shows that the pair …
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