# Analyst Corner

#Analyst Corner

Australian Dollar

What’s up Next for the AUD?

The AUDUSD has reached a bit of an impasse as a result of last week’s tumble which now raises the question of what is next on the agenda. Consequently, it may...
US Dollar Japanese Yen

USD/JPY Faces a Critical Support Zone as 1.10 Handle Now in Focus

The past week has been highly negative for the USDJPY as s sentiment swing, against the U.S. Dollar, has been in progress following some upset expectations around potential Fed rate hikes. Subsequently,...
Donald Trump

Fed Speeches and Health Care Prominent

Sterling and FTSE relation reversing before Theresa May triggers the article 50. The Fed speeches and the US health care bill going to bring more volatility for the market. Today will be...
Donald Trump

Trump rally to be tested by healthcare vote

A growing sense of caution has gripped the financial markets this week with investors on standby ahead of Thursday’s key healthcare vote in Congress which may thoroughly test the Trump bump. Uncertainty...
British Pound vs US Dollar

Cable Loses its Upside Momentum Despite Surprising Retail Sales Result

The U.K managed to surprise everyone overnight as the latest round of retail sales proved highly robust, coming in well above estimates at 3.7% y/y. Subsequently, the pair rallied around 60...
Oil

Oil Looks Set to Stage a Mild Comeback

Oil prices look to have finally found a bottom, potentially even two of them, which could see buying pressure mount in the coming sessions. Additionally, a number of other technical instruments...
British Pound

GBP spikes higher with CPI, GBPAUD basing pattern underway

The relationship between oil, producer and consumer prices will continue to be under scrutiny over the coming months as markets decipher if BoE will indeed raise. GBPAUD shows sign of the...
Japanese Yen

Strong buying in Yen on US concerns

The USD hit the brakes today, as the market looked unhappy on the US uncertainty around the health care reforms that are struggling to gain any traction, despite all of this,...
Euro Vs Poud

Mixed Technical Forecast for the EURGBP Amid Brexit Fears

In light of the escalating political tension between the EU and the UK, it may be worth taking a look at the EURGBP’s technical forecast in order to get a better...

Gold Prices Look to Fed Commentary for Direction Cues

Gold prices continued to rise as front-end US Treasury yields declined, touching the lowest level in a month. Not surprisingly, this bolstered the relative appeal of non-interest-bearing assets including the yellow metal....
Canadian Dollar

CAD: Settling In A New Range; What’s Next?

Credit Agricole CIB Research notes that after the early-March surge and the post-FOMC sell-off, USD/CAD could be settling into a new 1.33– 1.35 range. In that regard, CACIB argues that as oil prices...
Australian Dollar

Aussie Dollar Prepares For a Shift In Bias

Despite a rather spectacular recovery last week, the Aussie Dollar could be on the cusp or resuming its recent downtrend. If such a reversal does occur, losses could be fairly substantial...
New Zealand Dollar

OCR in Focus For an Indecisive Kiwi Dollar This Week

The Kiwi Dollar finally began to stage a bit of a comeback last week which now begs the question, what’s next for the embattled pair? To answer this, it’s worth taking...
US Dollar Japanese Yen

USDJPY Likely to Remain Bearish in the Week Ahead

The USDJPY had a relatively torrid week as the pair was beset by a negative greenback sentiment swing following the FOMC decision. The central bank’s lack of hawkish guidance was the main...
Bank of England

The Bank of England’s hawkish surprise

Sterling popped on Thursday (March 16th) after a hawkish surprise from the Bank of England. The MPC was not unanimous in its decision to keep rates hold, with Kristin Forbes voting...
SWISS FRANC

USD/CHF Ready to Rebound

The Swissy’s severe losses could be about to be put on pause if the technical bias is anything to go by. Specifically, the pair has moved into conflict with some robust...
Euro Dollar

EUR/USD Post FOMC: S/T Momentum Indicators Turning Bullish

The overall message from the meeting was that the Fed is on track and delivered one of the three hikes it projected back in December 2016 -the Fed has not become...
Silver

Silver’s Post-FOMC Gains Could be Eroded Moving Forward

Silver risks losing its post-FOMC gains in the coming session if it can’t shake off some of its bearish technical bias. Specifically, unlike gold, the metal needs to convincingly push through...
Euro Vs Poud

EURGBP Prepares to Take a Tumble

The last few weeks have been relatively interesting for the EURGBP as the pair has continued to remain bullish as the UK seemingly grappled with budget planning issues ahead of the...
US Dollar Japanese Yen

USD Into FOMC: Positive On Low Risk Of Dots Downgrade

The USD has gained back some momentum ahead of tomorrow's FOMC meeting. In that regard, Nomura Research notes that the market has already priced the likelihood of a March rate hike well,...
New Zealand Dollar

NZD/USD: How will the Pair React to the FOMC Event?

The New Zealand Dollar is bracing itself ahead of the U.S. Fed’s FOMC decision but the pair currently remains on a recovery trajectory. In particular, the daily pivot point has proved...

Gold Prices Could Have a Rough Few Weeks Ahead

Despite a slowing rate of decline, gold could have further downsides on offer moving ahead. Specifically, the shift in the metal’s technical bias should see it back at around the 1180.00...
Euro Dollar

EUR/USD Prepares for Sharp Volatility as FOMC Looms

The Euro rallied strongly throughout most of last week as the pair initially rose in response to some optimistic rhetoric from the ECB’s Mario Draghi. In addition, the EU GDP rose to...
Australian Dollar

Is the AUD Downtrend Ready to Resume?

The Aussie Dollar had an interesting last week, having some strong countervailing moves that made its bias somewhat unclear. As a result, the question now remains, have we reached a near-term...
Japanese Yen

Volatile Week Ahead for the USD/JPY

The USDJPY rose throughout most of last week as the pair reacted initially to a rise in U.S factory orders and a weak Japanese Account Balance result of 66.0B. Subsequently, the pair...
Europe

Euro firms as ECB signals no more deflationary risk

The euro rallied after the ECB signalled it is in no rush to do more QE, although on the whole it was not a particularly hawkish-sounding Mario Draghi. EURUSD scaled the...
Gold

Gold bears continue to dominate

Gold continues to be right in the cross hairs of the bears in the market, as US economic data continues to show a large amount of hope and as Trumps 1...
US Dollar Japanese Yen

USD/JPY – Dollar Yen Set to Stumble as the Week Comes to a Close

The Dollar Yen’s recent uptrend could be on thin ice as it is now pushing the upper limits of its ascending channel structure. As a result of this, we could be...
Europe

ECB meeting preview: Anyone for tapering?

ECB: Potential to disappoint Thursday’s meeting of the European Central Bank (ECB) comes at a time of buoyancy in the Eurozone economy that we’ve not seen for years. Growth is picking up,...

Commodities buckle under Greenback pressure

Gold and Oil buckled under the Dollar pressure, with Oil having spent perhaps too long at the highs with record net long exposure. With NDP and FED's meeting over the next...

LATEST

Oil slips towards $50 on doubts over output-cut extension

Oil
Oil fell further towards $50 a barrel on Monday, pressured by uncertainty over whether an OPEC-led production...

FTSE hits one-month low as miners, Babcock slide

London Stock Exchange
Britain's top share index hit a one-month low after the failure of U.S. President Donald Trump to...

BT fined record 42 million pounds for business-line installation errors

BT - British Telecom
Britain's BT has been fined a record 42 million pounds ($53 million) by the regulator for failing...

What’s up Next for the AUD?

Australian Dollar
The AUDUSD has reached a bit of an impasse as a result of last week’s tumble which...

USD/JPY Faces a Critical Support Zone as 1.10 Handle Now in Focus

US Dollar Japanese Yen
The past week has been highly negative for the USDJPY as s sentiment swing, against the U.S....
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