USD winding up for another fall
The USD is extending its consolidation phase, unwinding the oversold condition to leave the bear trend in a better condition to eventually resume, according to David Sneddon and his team at Credit Suisse.
FX
Pullback imminent for EURUSD
A short-term selloff is likely for EURUSD, says James Dima, technical analyst at Marex Spectron.
Strong support to temporarily halt USD decline
The USD is facing a big test at key long-term support, according to David Sneddon and his team at Credit Suisse in London.
Asia over Latin America
Relative strength dynamics highlight the outperforming trend of Asian over Latin American emerging market currencies, says George Davis, Chief Technical Strategist at RBC Capital Markets.
Top complete for USDCNY
USDCNY has fallen sharply following completion of a head-and-shoulders top, say David Sneddon and his team at Credit Suisse in London.
Pullback continues for Bitcoin
The 200-day moving average is the ideal pullback target for Bitcoin, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
Commodities have bottomed out
“The ballooning Fed balance sheet is a party for gold,” says George Davis, Chief Technical Strategist at RBC Capital Markets.
Bullish development for EURUSD
EURUSD has posted a bullish key reversal day which should provide the platform for a clear break higher, according to David Sneddon and his team at Credit Suisse in London.
Yields and USD decouple
Interest rate differentials are no longer having a substantial impact on FX markets, according to George Davis, Chief Technical Strategist at RBC Capital Markets.
Cable topping out
After having broken above its trading range and then fallen back down, GBPUSD looks like it is forming a triple top, says Ron William, director at RW Advisory.