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Monthly archive July, 2017

EURGBP – Euro Consolidating Gains above 0.8940 Vs British Pound

Key Points

  • The Euro surged higher this week and settled above the 0.8900 handle against the British Pound.
  • There is a connecting bullish trend line forming with support at 0.8900 on the hourly chart of EURGBP.
  • Today in the Euro Read More →

AUDNZD – Aussie Dollar Remains In Uptrend Vs Kiwi Dollar

Key Points

  • The Aussie Dollar made a nice upside move and traded above 1.0800 against the New Zealand Dollar.
  • There is a crucial ascending channel pattern forming with support at 1.0780 on the hourly chart of AUDNZD.
  • Recently in Australia, Read More →

EUR: ECB likely To Announce Details Of QE Exit Strategy At Next Meeting – SEB

SEB Research comments on the outcome of today's ECB July policy meeting.

"The ECB left policy rates, QE programme and its forward guidance in terms of bias, timing and sequencing unchanged at its meeting today. The outcome was in Read More →

USDCHF – US Dollar To Gain Bullish Momentum Vs Swiss Franc?

Key Points

  • The US Dollar after declining towards the 0.9525 level against the Swiss Franc found buyers.
  • The USDCHF pair broke a bearish trend line with resistance at 0.9565 on the hourly chart.
  • Today in Switzerland, the Trade Balance figure Read More →

AUDUSD – Aussie Dollar Poised For Gains Vs US Dollar

Key Points

  • The Aussie Dollar surged higher recently and traded towards 0.7950 level against the US Dollar.
  • There is a crucial bullish trend line with support at 0.7885 forming on the hourly chart of AUDUSD.
  • Today in Australia, the Westpac Read More →