Forex
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AUD/NZD: Bullish Triggers Needed On Monthly & Weekly Closes: Levels & Targets – NAB
NAB FX Technical Strategy Research notes that AUDNZD achieved 1.08+ interim target in July before losing some ground.
"We now need to see further bullish triggers achieved before confirming that a sustainable MT uptrend is in play.
Gold Price Remains In Uptrend Above $1254 Vs US Dollar
Key Points
- There was a nice upside move in Gold price above $1250 against the US Dollar.
- The price remains supported near a crucial bullish trend line with support at $1252 on the hourly chart.
- Recently in the US, the Read More →
CHF: What’s Behind The Heavy Selling? What’s Next? – BTMU
BTMU FX Strategy Research notes that CHF continues to slide and remains the stand-out mover in the FX markets with EUR/CHF moving from Monday’s intra-day low to today’s high, up some 3.3%.
"We can only put this down to Read More →
CHF weaker on interest differentials; USD enthusiasm after Thursday data fades, we now look onto US GDP
Sentiment from US session was mixed after Thursday’s close which saw the S&P and the Nasdaq lower. The mood turned even more sour for the Asian counterparts as the major equity indices there registered losses.
Some noticeably strong Durable Read More →