Forex
Forex Free Trading Tips
Monthly archive June, 2017
AUD/USD: Positive Crossover In Weekly MACD: Levels & Targets – NAB
NAB FX Technical Strategy Research notes that AUD/USD recent bullish weekly reversal pattern has had a positive impact on the multi-month downtrend which has lost its impulse and reversed.
"This week’s positive crossover in the weekly MACD is Read More →
Dollar firms, sterling tumbles as Carney extinguishes rate hike talks
The dollar rose to a one-month peak on Tuesday versus its major rivals on the view the Federal Reserve may hike interest rates one more time this year. Sterling meanwhile, tumbled after the Bank of England's Governor extinguished any Read More →
EURUSD – Euro Looks Set To Extend Declines Vs US Dollar
Key Points
- The Euro declined heavily recently and traded below the 1.1160 support against the US Dollar.
- There are two bearish trend lines with resistances as 1.1140 and 1.1157 formed on the hourly chart of EURUSD.
- Today in the Euro Read More →
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 →