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Monthly archive April, 2017

EUR/USD, GBP/USD: Tech Setups & Targets – SocGen

Societe Generale FX Technical Strategy Research notes that EUR/USD has been undergoing a recovery, probing a multi-month resistance line at 1.08/1.0860 and is successfully defending the bullish channel support at 1.0560.

"It should now retest 1.08/1.0860. A break above Read More →

Week Ahead: Trading French Elections, ECB & BoJ – Credit Agricole

Heading into the first round of the French elections on Sunday, Credit Agricole FX Strategy Research's base case sees Le Pen and Macron progressing to the second round, and expect Le Pen not to reach considerably more than 24% of Read More →

AUD/USD: Trapped In Range; Weekly Close Key – NAB

NAB FX Technical Strategy Research notes that AUD/USD price remains trapped in an approximate 0.7450/0.7750 range.

On the upside, NAB notes that repeated failures above 0.77 in 2017 confirm that resistance up to 0.7870/90 is likely to Read More →