Bearish continuation patterns in Yen crosses give scope to sharp declines to begin 2012. Read More Yen Crosses Bear Legs to Extend
The British economy will be hurt by the recession that is almost undoubtedly coming to Europe as the UK exports 30% of its goods to that region. Because of that, we think this pair will continue to fall, but it might not be overly steep in its … 24 Vote(s) Read More Daily Technical Crosses [...]
The U.S. dollar is struggling to hold its ground on Friday, and the near-term correction in the greenback looks poised to gather pace as the reserve currency remains overbought. Meanwhile, the EUR/GBP and the EUR/CAD continue to offer range-bound price action and the euro crosses may trend sideways in the days ahead as European policy [...]
Markets have been quite busy in recent weeks and technical developments are starting to warn of a major structural shift. Take a look inside for insight into our directional bias over the coming weeks and months. Read More MediumTerm Technical Outlook for Major Currencies and Crosses
With Friday’s outcome, the dollar has committed itself to a specific fundamental path going forward – one that is far more prone to volatility and wide open to meaningful trend development. The greenback had the opportunity to offset some of the heady event risk associated with next week’s Federal Open Market Committee (FOMC) rate decision. [...]
The Euro crosses are mixed but there are bullish opportunities in the Yen crosses. Read More Currency Crosses Technical Outlook 0901
Risk appetite made an interesting comeback after trading at new lows for the week today. The usual risk instruments like the S&P500, AUDUSD etc., reverse well off their lows for the day. Most interestingly, however, bonds finally gave up the rally impulse that seems to materialize day after day Read More Bond Selloff Supports JPY [...]
Bullish objectives for the Euro / commodity crosses are well defined. The Yen crosses have plunged and additional weakness is expected. Read More Currency Crosses Technical Outlook 0716
The EURGBP has reached a level of interest and is at risk of rolling over. There are range trading opportunities in the EURCAD and EURAUD. Read More Currency Crosses Technical Outlook 0709
The Yen crosses are poised to rally for the next several weeks. Read More Currency Crosses Technical Outlook 0611
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