Tag: forex
HSBC on RBA decision. The next move is set to be up
The RBA held its cash rate steady at 1.50%, which was no surprise. However, for some, the neutral tone of the post-meeting statement, which...
HSBC: ECB Tomorrow. What to expect?
Since the 2013/2015 US taper seems like a pretty good analog to the ECB story, the chart below is a reminder of the time...
GBP: Neither strong nor stable
Cable’s rally in the wake of last month’s decision to call a snap election is rational. The 8 June vote removes the prospect of...
USD/JPY: Range term in near term, higher in medium term
We remain bullish that the USD/JPY will rise to over-115 in the medium term. This week we continue to focus on news indicating the...
EURGBP: A Picture of Elliott Wave Precision
EURGBP: A Picture of Elliott Wave Precision
The euro's recent surge to two-month highs against the pound fit its Elliott wave blueprint beautifully
By...
So much trouble in the markets
No words can describe the sadness. When a man decides to take his own life in order to kill children at a pop concert,...
EURUSD above key support zone
Trump's loss on Friday's Obamacare vote in US Congress impact USD in negative way. US Dollar index have started this week with noticable bearish gap...
Credit Suisse: AUDUSD near to key resistance zone
Australian 4Q16 house price data (ABS) released overnight underscored the RBA’s assessment that “there had been a build-up of risks associated with the housing...
Is there a flag on AUD/USD?
Yesterday's US Dollar appreciation triggered a bullish rally on AUD/USD which skewed almost whole downside move from February. If You are monitoring this pair,...
Maybank: BoE won’t change anything?
GBP rebounded amid USD weakness (in reaction to FoMC). Pair was last seen at 1.2270 levels. Bearish momentum on daily chart is waning while...