GBP/USD ??????????????? ??? 1.2900 handle
Forex News

Technical indicators points to the downside

GBP/USD Wednesday’s four-hour chart is pointing to further falls, Yohay Elam, an analyst at NDDFX, informs. Key quotes “The Relative Strength Index on the four-hour chart is on the verge of falling below ...

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Forex News

EUR/USD: Downside limited above 1.0880

EU’s final Markit Manufacturing PMI came at 33.4 in April while the EUR/USD pair retains its positive bias in the short-term, NDDFX’s Chief Analyst Valeria Bednarik reports. Key quotes “Data coming from Europe ...

GBP/USD ????????? ????????????????? - UOB
Forex News

100-bar SMA checks downside to two-week-old support trendline

GBP/USD drops below the six-day-old support line. An ascending trend line from April 21 is on the bear’s radars. A short-term falling resistance line will question the recovery moves. Having breached a six-day...

EUR/USD: ??????? 1.1100 ?????????? ?????????? ?????
Forex News

Opening the economy and the downside

EUR/USD is coming under pressure as the uncertainty is weighing on sentiment, and markets are less optimistic than on Monday, NDDFX’s analyst Yohay Elam reports. Key quotes “Recent COVID-19 statistics have been...

EUR/USD ?????? ???? ?? 1.0965 – UOB Group
Forex News

Downside pressure alleviated above 1.0990/1.1000

EUR/USD is firmer and looks to consolidate the breakout of 1.0800. Next target on the upside emerges at the 1.0990/1.1000 band. EUR/USD is now extending the recovery after clinching new monthly lows in the vic...

GBP/USD: ???????? ???????? ??????? - UOB
Forex News

GBP/USD: Pointing to the downside

The picture has improved but bears remain in the lead as GBP/USD Thursday’s four-hour chart continues pointing to the downside, NDDFX’s analyst Yohay Elam informs. Key quotes “GBP/USD is suffering from do...

GBP/USD: ???????? ???????? ??????? - UOB
Forex News

GBP Futures: Downside looks shallow

CME Group’s flash data for GBP futures markets noted investors scaled back their open interest positions by just 180 contracts on Monday, reversing six builds in a row. In the same line, volume prolonged the er...

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Forex News

 Risks may be asymmetric to the downside – CitiBank

In their weekly strategy report, analysts at Citibank point out investors are concerned about US company earnings and economic outlook which increased the volatility of the market, favoring the yen. At the same...

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Forex News

108.50 marks an initial target to the downside – TDS

Analysts at TD Securities note that USD/JPY has been drifting lower over the last day or two. Spot has been unable to hold on to a 109 handle as rallies have been sold since Monday’s local peak. Key quote...

????? ?? ???? ??? 1.0970 ????????? – UOB Group
Forex News

EUR/USD still faces downside risks – UOB

FX Strategists at UOB Group still believe EUR/USD could grind lower in the next weeks, although a test of 2020 low at 1.0635 appears unlikely. Key Quotes 24-hour view: “Our expectation for EUR to ‘edge higher t...