Forex
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NZD/USD Extends rejection slide from 50% Fibo.; drops to 0.5900 neighbourhood
NZD/USD drifts lower despite stronger NZD CPI print and snaps a six-day winning streak. A modest USD uptick fails to…
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GBP/USD trades below 1.3250 after retreating from six-month highs
GBP/USD pulls back from a six-month high of 1.3292 reached on Wednesday. The US Dollar received support from stronger-than-expected consumer…
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EUR/USD Softens to near 1.1350, over bought RSI condition eyed
EUR/USD weakens to around 1.1365 in Thursday’s early European session, down 0.28% on the day. The positive bias of the…
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USD/CHF holds gains near 0.8150, hovers near multi-year lows due to safe-haven demand
USD/CHF remains close to the 0.8099 mark—its lowest level since September 2011. The US Dollar remains under pressure as investor…
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AUD moves little following mixed employment figures
The Australian Dollar stagnated as Employment Change came in at 32.2K, against the consensus forecast of 40K. Australia’s Unemployment Rate…
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JPY remains on the back foot against a broadly recovering USD
The Japanese Yen attracted some intraday sellers amid receding safe-haven demand. A modest USD uptick also contributes to the USD/JPY…
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USD/INR rebounds on trade war worries
The Indian Rupee loses traction in Thursday’s Asian session. Weaker Chinese Yuan and higher crude oil prices weigh on the…
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EUR/JPY trades with positive bias above 162.00; lacks follow-through ahead of ECB
EUR/JPY gains positive traction for the second straight day amid a broadly weaker JPY. BoJ rate hike bets, rising trade…
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USD/CAD – Technical Analysis
The USDCAD currency pair has been in a downward trend since the beginning of March. Looking at the chart in…
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EUR/GBP Recommendation From Credit Agricole
Credit Agricole has issued a recommendation for the EURGBP currency pair. Credit Agricole recommends taking a short position on the…
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