Menu

NZDUSD – New Zealand Dollar Eyeing Further Gains Vs USD

Key Points

  • The New Zealand Dollar slowly moved higher after testing the 0.6815 support area against the US Dollar.
  • The NZDUSD pair is currently trading above two important bullish trend lines at 0.6870 and 0.6860 on the hourly chart.
  • In Read More →

USD: What To Expect From Next Week’s FOMC Minutes? – Barclays

The focus of USD investors will be on next week's FOMC minutes from the May 2-3 meeting.

In that regard, Barclays Research expects the minutes to show that most FOMC members viewed the slowdown in Q1 activity as transitory, Read More →

EURCAD – Euro to Correct Further Lower Vs Canadian Dollar

Key Points

  • The Euro after trading towards 1.5200 against the Canadian Dollar struggled and moved down.
  • The EURCAD pair broke a bullish trend line at 1.5115 and may be approaching another at 1.5050 on the hourly chart.
  • Recently in Canada, Read More →

USDCHF – US Monstrous Decline Looks Real vs Swiss Franc

Key Points

  • The US Dollar traded sharply lower this week and tumbled by more than 200 pips towards 0.9760 against the Swiss Franc.
  • There are two bearish trend lines formed at 0.9820 and 0.9835 on the hourly chart of USDCHF.
  • Read More →