EUR/USD after the ECB: all the way to 1.20? Four
Mario Draghi tried to be as dovish as possible, but markets didn’t buy it. The move up on EUR/USD was compounded by the new Trump troubles. What’s next? Here are …
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AUD: Valuation Getting Stretched; What’s Next? – NAB
The Australian dollar made a big break, taking advantage of the hawkish RBA minutes. Has it gone too far? Here is their view, courtesy of eFXnews: NAB FX Strategy Research …
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Can EUR/USD reach 1.1620 after the break?
EUR/USD took advantage of the dollar’s weakness to make a move to the upside. What’s next? A lot depends on the ECB. Here is their view, courtesy of eFXnews: EUR/USD: …
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Buy GBP/JPY – Citi trade of the week
GBP/JPY is often known as “the dragon†due to its wild nature. Volatile currency pairs also provide opportunities. The team at Citi offers a trading idea about this pair: Here …
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USD/CAD forming a double bottom after the poor US data
Everything is going against USD/CAD. The big mover of the week came from Ottawa. The Bank of Canada not only raised rates but also made hawkish sounds. They are set …
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Fed Yellen’s Testimony: Uncertainty About Inflation – ABN AMRO
Fed Chair Janet Yellen said they are monitoring inflation closely, but also expressed optimism about the economic situation. What does it mean for the Fed? Here is the view by …
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Crude OIL and Gold Both Reversing Higher
A strong recovery on crude oil from 42.00 has unfolded in an impulsive manner, so can either be wave 1) or A) that is still part of a three wave …
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Elliott Wave Analysis: GBPUSD Trading in A Bigger Ending
On the 4h chart of GBPUSD we are observing  the final stages of an ending diagonal where another leg up is still missing. We expected another push up into wave …
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Elliott Wave Analysis: USDCAD and USDJPY
USDCAD is making a nice and clear bearish structure away from the 1.3348 level, where the corrective blue wave ii was completed. That said the current bearish development now suggests …
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GBP: Is BoE Defending GBP Credibility? What’s The Trade?
The pound is still confused from the quickly-changing stance of Mark Carney, but also of his colleagues. What’s next? Here is their view, courtesy of eFXnews: Barclays Capital FX Strategy Research …
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