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Monthly archive July, 2017

JPY: Is Abenomics Coming To An End? What Would It Mean For JPY? – Credit Agricole

Credit Agricole CIB FX Strategy Research notes that a more cautious Fed rhetoric of late and lacklustre price action in UST yields have kept USD/JPY confined to a tight range of late.

"This much could mean that the pair Read More →

EUR/USD, AUD/USD: Near An ‘Exhaustion Point’; Key Levels For Possible Washout – TD

TD Research thinks that the market’s reaction to the July FOMC was overdone as markets used this as an opportunity to push several majors through key technical levels.

"We are not convinced this is the break that investors should Read More →

AUD/NZD: Bullish Triggers Needed On Monthly & Weekly Closes: Levels & Targets – NAB

NAB FX Technical Strategy Research notes that AUDNZD achieved 1.08+ interim target in July before losing some ground.

"We now need to see further bullish triggers achieved before confirming that a sustainable MT uptrend is in play.

A Read More →

Gold Price Remains In Uptrend Above $1254 Vs US Dollar

Key Points

  • There was a nice upside move in Gold price above $1250 against the US Dollar.
  • The price remains supported near a crucial bullish trend line with support at $1252 on the hourly chart.
  • Recently in the US, the Read More →