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EUR/USD: 1.20 Remains A Realistic Short-Term Target – BTMU

BTMU FX Strategy Research believes EUR/USD break and settling above 1.1714 intra-day high from 2015, which takes EUR/USD to levels that prevailed before the formal QE announcement by the ECB in January 2015 is significant.

"Just like in H2 Read More →

CADJPY – Canadian Dollar Poised For Further Gains Vs Japanese Yen

Key Points

  • The Canadian Dollar made a nice upside move from the 86.30 support against the Japanese Yen.
  • There is a major bearish trend line with resistance at 87.15 forming on the hourly chart of CADJPY.
  • Recently in Canada, the Read More →

USDJPY – US Dollar To Extend Declines Vs Japanese Yen

Key Points

  • The US Dollar made a downside move below the 109.40 support area against the Japanese Yen.
  • There is a major bearish trend line with resistance at 109.10 forming on the hourly chart of USDJPY.
  • Recently in Japan, the Read More →

AUD: Warning Signs From Iron Ore & China’s Real Estate Slowdown – Barclays

Barclays Capital FX Strategy Research continues to see a broadly flat to mild downward trajectory for the AUDUSD beyond the short-term gyrations mainly on the back of pricing an increasing downside risk for the iron ore price in the immediate Read More →

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