Trade Ideas For EUR/USD, USD/JPY, AUD/USD, USD/CAD - UBS EUR/USD: "We think the move lower will continue and any disappointment in today's US data would provide an opportunity to add to shorts towards 1.0820/30." USD/JPY: "The pair will be a risk play today so follow whatever equities do. As it is Friday, some market participants may want to take positions off of the table. Look to sell USDJPY ahead of 123.00, with a stop ...
EUR/USD The price for the pair is on primary bearish market condition for the secondary ranging within the following key support/resistance levels: 1.1029 resistance level located near Ichimoku cloud and 'reversal' Sinkou Span line on the border between the primary bearish and the primary bullish on the chart, and1.0673 support level located far below Ichimoku cloud in the bearish area of the chart. Chinkou Span line is below the price indicating the ...
US Dollar Forecast – US Dollar Remains in Control, but Can it Really Hold its Gains "Momentum clearly remains in the US Dollar’s favor as it trades near key multi-year peaks, and we head into the coming trading week cautiously bullish. Yet it is likewise clear that markets could shift in an instant, and it will be important to remain nimble in what looks to be another indecisive week of price action." British Pound Forecast ...
US Dollar Forecast – US Dollar Nears 12 Year Highs But Does It Have Motivation to Break? The US Dollar posted an impressive advance this past week, but it conspicuously fell short of breaking the 12-year high on the Index and clearing key range boundaries with major counterparts. Japanese Yen Forecast – USD/JPY Vulnerable as Yen Leans on ‘Funding-Currency’ Status The long-term outlook for USD/JPY remains bullish amid the deviating paths for monetary policy, but ...
EUR/USD trong daily closing last Friday and strong upward momentum suggest that the upward pressure is incomplete, argues UOB Group. "The break above 1.1255 late last week has shifted the outlook for EUR to bullish with a target of 1.1475," UOB projects."In order to maintain the current nascent momentum, any pull-back should not move back below the break-out level of 1.1250/55," UOB adds. the source
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