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Monthly archive May, 2016

Where To Sell GBP/USD Rebound? – Credit Suisse

GBP/USD resistance moves to 1.4481 then 1.4542 with 1.4573/80, ideally capping to keep the trend directly lower, notes Credit Suisse.

On the downside, CS thinks that pair could test the 55-day average and the top of the former base Read More →

Dollar steady despite NFP miss

A weaker yen pushed Japanese shares higher, but regional benchmarks were weighed by weaker Chinese trade data. Wall Street shares closed the day higher on Friday after the headline job number from the US missed expectations.

Oil prices were Read More →

AUDUSD – Australian Dollar Breakdown Looks Like Real Deal

Key Points

  • Australian Dollar traded down vs the US Dollar, and settled below the 100 hourly simple Read More →

EURUSD – Euro Heading Towards 1.1320?

Key Points

  • Euro was seen under a bearish pressure against the US Dollar, and it may continue Read More →

Tech Targets: EUR/USD, GBP/USD, AUD/USD, USD/JPY – UOB

EUR/USD: Neutral: Pull-back has room to extend lower to 1.1300.

We just shifted to a neutral stance last Friday and there is no change to the view. The current movement is viewed as corrective pull-back which has scope Read More →