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Monthly archive November, 2017

USD: FOMC Minutes: Fed Set For A Dec Hike But Could Put First Hike In ’18 On Hold – SEB

SEB FX Strategy Research comments on today's FOMC minutes from the November meeting.

"...Summarising our take on today’s minutes, we continue to expect that the Fed will deliver another rate hike in December.However, it is obvious that FOMC officials Read More →

EURJPY – Euro’s Recovery Looks Real Vs Japanese Yen

Key Points

  • The Euro after a sharp decline found support near 131.20 against the Japanese Yen.
  • There was a break above a key bearish trend line with resistance at 131.50 on the hourly chart of EURJPY.
  • Recently in Japan, the Read More →

AUD/JPY: 8-Years History Of Major Reversal From 88/90: S-Term & M-Term Targets – NAB

NAB FX Technical Strategy Research discusses AUD/JPY outlook, noticing a pattern of an eight year history of major reversals from the 88/90 zone, which is evolving again in H2 2017.

"Short Term Strategy (0-4 Weeks): 85.90/00 resistance likely to Read More →

NZDUSD – New Zealand Dollar Eyes More Gains Vs US Dollar

Key Points

  • The New Zealand dollar is gaining momentum above the 0.6840 against the US Dollar.
  • There was a break above a major bearish trend line with resistance at 0.6822 on the hourly chart of NZDUSD.
  • Recently in New Zealand, Read More →