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Monthly archive June, 2017

GBPCHF – British Pound To Gain Pace Vs Swiss Franc above 1.2380

Key Points

  • The British Pound started an uptrend from the 1.2260 level against the Swiss Franc and likely to trade higher in the near term.
  • There was a contracting triangle pattern with resistance at 1.2350 on the hourly chart of Read More →

JPY: Too Early To Think About BoJ Exit Plan; Too Early To Call JPY Strength N-Term – CIBC

CIBC FX Strategy Research notes that the BoJ hasn’t been inhaling bonds at quite the same pace recently, and that has some thinking a subtle change in policy is afoot.

In that regard CIBC argues that it seems premature Read More →

AUD/NZD: Attempting A Weekly Close Below Lower Bollinger Band – NAB

NAB FX Technical Strategy Research notes that AUD/NZD bearish weekly reversal pattern completed in March has triggered a multi-week decline that is accelerating beyond the point of being deemed a correction.

While weekly closes remain below 1.0591, key Read More →