Forex
Forex Free Trading Tips
EUR/USD: Topping Out; An Opportunity For The Patient USD Bull – BNPP
BNP Paribas FX Strategy Research notes that EUR/USD appears to be topping out with momentum model signals that EUR momentum has peaked, while positioning analysis framework suggests EUR/USD positioning is stretched long.
"A compelling case could be made for Read More →
EUR/USD: Modest Consolidation; Near-Term Dips Buying opportunities – TD
TD FX Strategy Research thinks the balance of risks favor some modest EUR/USD consolidation into Jackson Hole, especially noticing that it is likely that ECB President Draghi will not deliver any fresh news on monetary policy.
" This leaves Read More →
USDCAD – US Dollar Facing Hurdles Near 1.2700 Vs Canadian Dollar
Key Points
- The US Dollar recovered well from 1.2590 against the US Dollar, but failed to break 1.2700.
- There are two bearish trend lines forming with resistance at 1.2690 and 1.2710 on the hourly chart of USDCAD.
- Recently in Canada, Read More →
