AUD/USD – Bullish Running Triangle in 4 hours chart
Trend is bullish in four hours chart. Important support is present at 0.7475 price level. In past few trading days,…
USD/CAD – Bearish Triangle in 4 hours chart
Trend is bearish in 4 hours time frame. Vital resistance is present at 1.3295 price level. Price has move up,…
GBP/JPY Sell Trade – 252 Pips profit
This is an update about my GBP/JPY sell trade. Trend was down in GBP/JPY currency pair in 4 hours time…
RBA acknowledges stronger AUD but not overly concerned yet – MUFG
Lee Hardman, Currency Analyst at MUFG, notes that the Australian dollar has weakened modestly in the Asian trading session undermined…
US: ISM nonmanufacturing index to rise only marginally – TDS
Millan Mulraine, Deputy Head US Macro Strategy at TDS, suggests that the US economic growth momentum has slowed, and while…
AUD/USD door open for further downside – Commerzbank
Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the relevance of the key support at 0.7477.Key Quotes “AUD/USD held…
AUD/JPY attacks 83 handle, at fresh monthly lows
The AUD/JPY cross extends its bearish run into a fourth day this Tuesday, with the bears relentless on the back…
USD/JPY remains under pressure – UOB
According to the research team at UOB Group, the pair still faces increasing downside pressure.Key Quotes “While USD is clearly…
EUR/JPY – Sell off continues, eyes 125.00 handle
JPY bulls are in no mood to relax amid fresh oil-driven risk-off in the equities and are now eyeing psychological…
OECD: Germany has taken little advantage of low interest rates to boost investment
Headlines from OECD hit the wires in the last hour, with the organization noting its thoughts on Germany:Germany has taken…