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Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB

EUR/USD: Shift from neutral to bearish. target a move to 1.0950

We have highlighted several times in recent updates that a daily closing below 1.1120 would shift the outlook for EUR to bearish. The condition was met yesterday as Read More →

Pound jumps back as May signals parliament vote on Brexit terms

Sterling bounced back more than 1.50 percent early on Wednesday after a report said Prime Minister Theresa May has accepted that Parliament should be allowed to vote on her plan for taking Britain out of the European Union. She however Read More →

EURUSD – Euro Forming A Double Bottom Pattern Vs Dollar?

Key Points

  • The Euro fell against the US Dollar, and currently trading near the last low of Read More →

Preview: Sep FOMC Minutes – BofA Merrill

The minutes from the September FOMC meeting are likely to reveal a heated debate about the appropriate course of policy. There were three FOMC officials - Kansas City's George, Boston's Rosengren and Cleveland's Mester - who dissented in favor of Read More →