Bearish on EUR/USD, GBP/USD, AUD/USD, and NZD/USD – UOB
The US Dollar gained a lot of ground but is it exhausted? The team at UOB lays out the tech targets for major pairs and sees further gains for the …
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GBP: A Hawkish Hold Likely From BoE Next Week – Danske
The pound has suffered quite a bit from weak economic data and the consequent postponement of a rate hike by the Bank of England. The team at Danske analyzes the situation. …
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USD: April NFP: Wages Show Little In The Way Of Acceleration; Slightly USD Negative – CIBC
The US saw 164,000 jobs gained in April and wages rising by only 0.1% m/m and 2.6% y/y. What does it mean for the Fed going forward? The team at …
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USD: Scope For Further Strength N-Term On UST Yield Support – Danske
The US dollar has consolidated some of its gains and corrected. What’s next? The team at Danske sees further strength for the greenback: Here is their view, courtesy of eFXdata: …
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Elliott wave Analysis: LTCUSD Looking Up
Litecoin is like Bitcoin. February lows still hold and its price bounced sharply from the projected wave (B)/(2) at 109 level, so wave (C)/(3) can be underway. We see a …
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EUR/USD: Scope For A Move To 1.18 But Downside Likely Temporary – BTMU
EUR/USD is digging lower every day and feels comfortable under 1.20. Where next? Here is the view from BTMU: Here is their view, courtesy of eFXdata: BTMU Research discusses EUR/USD …
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Dead cat bounces do not bode well for EUR/USD
After the EUR/USD plunged below 1.2000, it seems to be attempting a comeback. Will it succeed? The Technical Confluences Indicator shows that the pair faces a dense cluster of resistance lines on …
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GBP/USD: Downside Limited From Current Levels – Credit Agricole
The pound took another leg lower, hard-pressed by the mighty US Dollar. What’s next? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses GBP outlook and adopts a …
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EUR/USD: Scope For A Deeper Setback To 1.17/97/68 Against A Break Above 1.2205/50 – JP Morgan
EUR/USD is on the back foot, unable to recover from the previous falls. What’s next? Here is their view, courtesy of eFXdata: JP Morgan Research discusses EUR/USD technical outlook and adopts …
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Climbing down is hard, so will USD/JPY continue higher?
The Technical Confluences Indicator shows a massive concentration of support lines below the current price of the USD/JPY. This suggests another move to the upside as the path of least resistance. The …
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