Forex
Forex Free Trading Tips
USD: Strength To Prove Temporary So Play It Tactically; What’s The Trade? – Danske
Danske Bank FX Strategy Research argues that the risk of aggressive Fed near term suggests USD strength will be temporary.
"On the face of it, the Fed package of hikes and QT looks rather hawkish: Fed confirms its eagerness Read More →
EURJPY – Euro Set For More Gains Vs Japanese Yen
Key Points
- The Euro moved higher against the Japanese Yen and traded above the 124.00 resistance.
- There is a crucial bullish trend line with support at 124.45 forming on the hourly chart of EURJPY.
- Today in the Euro Zone, the Read More →
GBPUSD – British Pound Remains Sell on Rallies Vs US Dollar
Key Points
- The British Pound failed two times to break the 1.2820 resistance against the US Dollar and moved down.
- There was a break below a crucial bullish trend line with support at 1.2745 on the hourly chart of GBPUSD. Read More →
USD: What’s Behind The Bounce; What’s The Trade? – Credit Agricole
Credit Agricole CIB FX Strategy Research argues that as the markets have been predominantly focused on the current inflation data and appear to be pricing in an overly cautious Fed, there is a room for the US yields and the Read More →