Currency Analysis – Page 19

Weekly Economic & Financial Commentary: From Bipolar to Tripolar?

[ad_1] Summary United States: The Balance of Risks Has Shifted The steadiness in consumer spending has helped prevent widespread layoffs,…

[ad_1] EUR/CHF edged lower again to 0.9311 but quickly rebounded. Upside is capped by 0.9354 resistance so far. Initial bias…

[ad_1] EUR/AUD’s extended rebound last week and breach of 55 D EMA (now at 1.7809) suggests that pullback from 1.8155…

[ad_1] EUR/GBP surged through 0.8711 resistance last week. One interpretation is that consolidations pattern from 0.8752 has completed as a…

[ad_1] EUR/JPY’s rally resumed by breaking through 173.77/8 resistance but lost momentum again after hitting 174.48. Initial bias remains neutral…

[ad_1] GBP/JPY rose to 201.24 last week but retreated sharply from there. Nevertheless, downside is contained well above 197.93 support…

[ad_1] USD/CAD drew support from 1.3720/5 zone again and rebounded last week but lost momentum again after hitting 1.3824. Initial…

[ad_1] AUD/USD edged higher to 0.6706 last week but reversed after rejection by 0.6713 fibonacci resistance. The firm break of…

[ad_1] USD/JPY rebounded stronger after initial dip to 145.47 last week. The development argues that rise from 139.87 might still…

[ad_1] A short term top should be formed in EUR/USD at 1.1917 with subsequent deep pullback. Initial bias is staying…