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EUR: ECB likely To Announce Details Of QE Exit Strategy At Next Meeting – SEB

SEB Research comments on the outcome of today's ECB July policy meeting.

"The ECB left policy rates, QE programme and its forward guidance in terms of bias, timing and sequencing unchanged at its meeting today. The outcome was in Read More →

USDCHF – US Dollar To Gain Bullish Momentum Vs Swiss Franc?

Key Points

  • The US Dollar after declining towards the 0.9525 level against the Swiss Franc found buyers.
  • The USDCHF pair broke a bearish trend line with resistance at 0.9565 on the hourly chart.
  • Today in Switzerland, the Trade Balance figure Read More →

AUDUSD – Aussie Dollar Poised For Gains Vs US Dollar

Key Points

  • The Aussie Dollar surged higher recently and traded towards 0.7950 level against the US Dollar.
  • There is a crucial bullish trend line with support at 0.7885 forming on the hourly chart of AUDUSD.
  • Today in Australia, the Westpac Read More →

EUR/USD: L/Term Game Changer; S/T Loss Of Up-Momentum: Levels & Targets – JP Morgan

JP Morgan FX Technical Strategy Research argues that EUR/USD latest and decisive breaks above key-resistance barriers at 1.1300/16 (pivot/int. 76.4 %) and at 1.1453 (weekly trend)in EUR/USD constituted a long-term game change in favor of a broader recovery to 1.1617 Read More →

EURJPY – Euro Facing Crucial Test Vs Japanese Yen

Key Points

  • The Euro made a downside move towards 128.50 against the Japanese before starting a recovery.
  • There is a major bullish trend line with support at 129.05 forming on the hourly chart of EURJPY.
  • Recently in Japan, the Reuters Read More →