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FX Strategy 26 Feb 18 

In the G10 currencies, GBP and NZD are the top gainers (up 0.50% each versus USD). The top losers are CAD and USD neck and neck with each other. In the Equities space, the Nikkei 225 has closed higher...

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NZD/USD sets for decline

The previously described scenario on Monday regarding the NZD/USD did not come into reality. A strong resistance set by the 55– hour simple moving average proved to have enough strength to send the currency pair south. At the beginning...

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US DOLLAR TAKES A BREAK

Today, the dollar took a break from the rally it experienced last week when traders pushed it to a three-week high. The dollar surge was boosted by positive economic data, high yields, and the general weakness of its global...

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EURUSD STILL BEARISH BELOW 1.2275 LEVEL

The EURUSD pair remains bearish and under downside pressure in early Friday trading, as risk-off trading sentiment continues to spread through broader financial markets. Price-action is currently range-bound between the 1.2240 to 1.2270 region, after the pair suffered more...

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USD/JPY falls below SMAs

USD/JPY spent Thursday’s morning in between the bounds of the weekly PP and the 100-hour SMA. However, as risk-averse investors started buying the Yen mid-session, the US Dollar fell 100 pips within a couple of hours, thus dashing through...

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