Currency Analysis – Trade r edarT

Dollar Dominates as Strong Data Cuts Odds of Aggressive Fed Easing

[ad_1] Currency markets closed last week with a shift in tone, as traders suddenly found themselves recalibrating on Fed’s easing…

[ad_1] EUR/CHF’s recovery was limited by 0.9354 resistance last week as sideway trading continued. Initial bias stays neutral this week…

[ad_1] EUR/AUD edged higher to 1.7929 last week but turned sideway since then. Initial bias remains neutral this week first.…

[ad_1] EUR/GBP rose further to 0.8750 last week but retreated ahead of 0.8752 resistance. Initial bias turned neutral this week…

[ad_1] EUR/JPY’s rally continued last week. While momentum is relatively unconvincing as seen in 4H MACD, there is no sign…

[ad_1] USD/CAD’s rise from 1.3538 resumed by breaking through 1.3923 last week. Initial bias stays on the upside this week…

[ad_1] AUD/USD’s fall from 0.6706 short term top continued last week and there is no sign of bottoming yet. Initial…

[ad_1] USD/JPY’s rise from 145.47 extended through 149.12 resistance last week. The development confirmed that correction from 150.90 has completed…

[ad_1] EUR/USD’s fall from 1.1917 short term top extended to 1.1644 last week, but recovered since again. Initial bias is…

[ad_1] USD/CHF’s rebound from 0.7828 short term bottom extended higher last week but lost momentum after hitting 0.8013. Initial bias…