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Forex News

Bounce towards 109.50/110.50 looks to be a good sell opportunity – Westpac

Strength towards 108.50/110 looks to be a good sell on strength as worsening US data should weigh on the USD/JPY pair, according to analysts at Westpac Institutional Bank. Key quotes “Our view has long been tha...

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Forex News

EUR/USD: Buying opportunity

EUR/USD is outside overbought conditions on the four-hour chart, as NDDFX’s analyst Yohay Elam notes. A buying opportunity can be emerging as EUR/USD trades at 1.110. Key quotes “The Relative Strength Index on ...

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Forex News

Lowest level since October an opportunity

EUR/USD has lowered to levels not seen since October. With markets overdoing Non-Farm Payrolls forecast, an opportunity to buy may loom, Yohay Elam from NDDFX reports. Key quotes “Markets tend to exaggerate and...

AUD/USD trends back below 200-hour moving average after strong sell-off
Forex News

AUD/USD: Selling opportunity – Rabobank

The Reserve Bank of Australia maintained steady its monetary policy, but there are some risks looming in the Australian economy. Therefore, strategists at Rabobank suggest selling the Aussie dollar. Key quotes ...

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Forex News

EUR/USD under 1.11 is a clear buying opportunity

Analysts at Scotiabank offer their bullish view on the EUR/USD pair, citing any dip below 1.1100 as a “clear buying opportunity”. Key Quotes: “Bullish on the EUR in light of recently improving economic data. EC...