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USD/JPY: Complete A Large Bearish Triangle Continuation Pattern; Levels & Targets – Credit Suisse
Credit Suisse FX Technical Strategy Research argues that USD/JPY ongoing break below the 108.27/13 lows for the year completes a large bearish triangle continuation pattern to target 106.52 initially, then the medium-term uptrend at 105.42.
"Above Read More →
EUR: Dip-Buying Demand To Remain Strong Into ECB October Meeting – Nomura
Nomura FX Strategy Research argues that the balance of risks points to an extension in EUR appreciation trend into the October meeting.
"There are a couple of potentially dovish elements (mention of FX volatility in the introductory statement, 2019 Read More →
NZDUSD – New Zealand Dollar Back in Bullish Trend Vs US Dollar
Key Points
- The New Zealand Dollar managed to break an important resistance at 0.7260 against the US Dollar.
- There was a break above a major bearish trend line with resistance at 0.7240 on the hourly chart of NZDUSD.
- Recently in Read More →
