Bullish View Buy the EUR/USD and set a take-profit at 1.0350. Add a stop-loss at 1.0150. Timeline: 1-2 days. Bearish View Set a sell-stop at 1.0160 and a take-profit at 1.000. Add a stop-loss...
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USD/JPY STRUGGLES NEAR ONE-AND-HALF-MONTH LOW, DEFENDS 132.00 MARK FOR NOW
USD/JPY drops to a one-and-half-month low and is pressured by a combination of factors. The USD languishes near a multi-week low amid bets for a gradual Fed tightening path. The narrowing US-Japan rate differential,...
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1 Minute
USD/MXN: Fed jest ważny, ale cena ropy naftowej jest kluczowa
Kurs USD/MXN zbliża się do ważnych poziomów wsparcia, na które czeka amerykański bank centralny, ale czynnikiem krytycznym mogą być względy dotyczące ceny ropy naftowej WTI. W chwili pisania tego tekstu para USD/MXN zbliża się do poziomu...
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AUD/USD Forecast: Australian Dollar Continues to Fight
The AUD/USD currency pair initially pulled back a bit Monday, but then turned around to show plenty of strength. The market then started to reach the 50-day EMA, which is a large indicator that a lot of...
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1 Minute
EUR/USD Technical Analysis: Watch for Important Trading Week
Last week’s trading was generally bullish for the EUR/USD currency pair, as the European Central Bank raised interest rates for the first time in 11 years, at a higher percentage than what the markets...
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3 Minutes
Dollar keeps steady in the new week
The dollar was weaker initially at the start of last week but found a footing with a bit more of a push and pull feel as markets are able to now fully switch their...
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AUDUSD tests a cluster of resistance and backs off
The AUDUSD tested a cluster of resistance on the daily chart between 0.6966 to 0.69935 area today. The area represents a swing area (see yellow area and red numbered circles). Also in the area...
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1 Minute
USD/JPY STALLS INTRADAY RECOVERY FROM WEEKLY LOW, FAILS JUST AHEAD OF 138.00 MARK
USD/JPY bounced off the 137.00 mark, or a one-and-half-week low touched earlier this Friday. The narrowing US-Japan bond yield differential, the caution mood benefitted the safe-haven JPY. The divergent Fed-BoJ policy stance supports prospects...
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ETH/USD Forecast: Ethereum Bounces Around Same Rectangle
The Ethereum market continues to bounce around while it is looking for some type of directionality. At this point, I think the market is more likely than not going to continue to be noisy, but...
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Morgan Stanley targeting a EUR/USD move towards 0.97
For bank trade ideas, check out eFX Plus . For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here . Morgan Stanley targeting a...
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