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Monthly archive August, 2017

USD remains in support ahead of Jackson Hole

US Dollar holds on to the gains made yesterday ahead of the Jackson Hole Symposium later this week, were the likes of Janet Yellen and Mario Draghi are expected to speak.

The US Dollar index is at 93.53 at Read More →

EUR/USD: 1.20 Remains A Realistic Short-Term Target – BTMU

BTMU FX Strategy Research believes EUR/USD break and settling above 1.1714 intra-day high from 2015, which takes EUR/USD to levels that prevailed before the formal QE announcement by the ECB in January 2015 is significant.

"Just like in H2 Read More →

CADJPY – Canadian Dollar Poised For Further Gains Vs Japanese Yen

Key Points

  • The Canadian Dollar made a nice upside move from the 86.30 support against the Japanese Yen.
  • There is a major bearish trend line with resistance at 87.15 forming on the hourly chart of CADJPY.
  • Recently in Canada, the Read More →

USDJPY – US Dollar To Extend Declines Vs Japanese Yen

Key Points

  • The US Dollar made a downside move below the 109.40 support area against the Japanese Yen.
  • There is a major bearish trend line with resistance at 109.10 forming on the hourly chart of USDJPY.
  • Recently in Japan, the Read More →