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USD: The 7-Year ‘Feast-Famine’ Cycle: Possible L/Term Targets For EUR/USD, USD/JPY – Nomura

Nomura FX Strategy Research makes an interesting observation about the how the USD has tended to follow a cycle where it enjoys many years of gains followed by many years of declines, and on average the dollar trends tend to Read More →

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 →