Analytics

Forex News

Forex

EUR/USD increasing upside risk “ UOB

10:47 31 March /2016 Forex

The research team at UOB Group has suggested the pair could advance further in the near term.

Key Quotes

œThere is no change to view wherein we continue to see increasing upside risk but it is unclear if EUR can break convincingly above the 1.1375 resistance (the lower 1.1342 resistance was breached overnight with a high of 1.1364).

œIn other words, while we recognize the immediate upward pressure, we are not ready to become a full-fledged EUR bull just yet.

œAll that said, the upside risk will continue to increase unless there is move back below 1.1220 in the next few days. On a shorter-term not, 1.1270 is already a strong support.

to other news

all news
USD/JPY: large early offers taking out 114 handle to the downside Ross J Burland

USD/JPY has dumped in Asia before the Tokyo open, falling from 114.49 to a low of 113.74 so far.USD/JPY is currently testing the handle to the downside after a quick recovery fro the lows, but the bears remain in control while the dollar remains o

03:00 23 January /2017 Forex

AUD/USD: Trump fuelled a sell-off in the greenback, but dollar could bounce back

AUD/USD is currently 0.7559 with a high of 0.7565 and a low of 0.7551.AUD/USD was able to rally at the end of last week as the dollar failed at highs of 101.50 and closed at 100.80, -0.4% on the day on the back of Trump's speech. Once again. Trump

02:23 23 January /2017 Forex

Trump: "Time for action!" - Watch to watch for now and how to trade Trump? - Nomura

Analysts at Nomura noted that President Trump said that the time for action had arrived and below is a list of what they will be watching in the days, weeks and months ahead. Key Quotes:Regulation"We expect Trump to call a pause in issuing new regulations in executi

02:23 23 January /2017 Forex