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Monthly archive September, 2017

EURUSD – Euro In Recovery Mode Vs US Dollar

Key Points

  • The Euro recently declined towards the 1.1830 level against the US Dollar before finding support.
  • There is an ascending channel pattern with support at 1.1895 forming on the hourly chart of EURUSD.
  • Recently in the US, the Services Read More →

AUD/NZD: Comprehensive Confirmation On Bullish Signal; Levels & Targets – NAB

NAB FX Technical Strategy Research notes that after AUD/NZD spent two years of base building, August has produced comprehensive confirmation of a renewed MT/LT uptrend bias.

"The month end close above 1.0809 (50 month MA) was complimented Read More →

Euro climbs as markets await Draghi

The euro climbed higher ahead of the European Central Bank meeting on Thursday, in which policymakers are faced with the challenge of dealing with weak inflation and robust growth.

EUR/USD rose to 1.1943 by the time of writing, still Read More →

EUR: The Return Of Draghi’s EUR ‘Headache’; What’s The Trade? – Credit Agricole

Credit Agricole CIB Research argues that the ECB could announce a QE-taper as soon as tomorrow but they may defer the announcement of any details until later in the year.

"Uncertainty around the QE taper announcement this week, combined Read More →