Forex
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Monthly archive July, 2017
AUD/USD: A Correction Lower Is Overdue; Above 0.80 To Be Met With RBA Opposition – BTMU
BTMU FX Strategy Research argues that AUD/USD looks over-extended based on policy expectations given there has been no sign of any change in forward guidance and given the low level of inflation and the record low levels of hourly wage Read More →
AUD/USD: Bullish Above Neckline Of Inverted H&S; Levels & Targets – SocGen
Societe Generale FX Technical Strategy Research notes AUD/USD has stabilized near the multiyear trend support and has finally confirmed an inverted head and shoulders pattern by breaching above the neckline at 0.7830.
"Historically, the pair has portrayed similar formations, Read More →
USD/JPY: Buy Dips; GBP/USD: Time To Sell – BofAML
Bank of America Merrill Lynch FX Strategy Research expects the BoJ to keep the current policy framework well into 2018, and just wait for policy normalization by the Fed and other central banks.
"After a round of sluggish data, Read More →