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Fan Yang

GBP/USD Trading at Falling Channel Resistance

Falling Channel: GBP/USD has been trading in a falling channel since retreating from 1.56 at the beginning of May. This channel anchored below a rising channel and price has fallen to a previous pivot around 1.5025.

Fan Yang | Quick Read

David Song

Euro Fails to Breakout as ECB Fires Warning Shot- H&S in Tact

The Euro climbed to an overnight high of 1.2992 as Germany's IFO Business Confidence survey advanced to 105.7 from 104.

David Song | Quick Read

Mohammed Isah

AUDUSD: Bearish, Weakens

With AUDUSD seen reversing its recovery attempts on Thursday, there is risk of further downside. Support comes in at the 0.9592 level where a break will target the 0.9500 level. Other supports are located at the 0.

Mohammed Isah | Quick Read

Mohammed Isah

EURUSD: Bearish, Faces Further Downside Threats

With a failed attempt on the upside seeing EUR closing lower on Wednesday, further down side is likely in the days ahead. A return to the 1.2750/35 levels, its key support levels is now expected.

Mohammed Isah | Quick Read

Mohammed Isah

GBPJPY: Bullish, Broader Bias Remains Higher

With GBPJPY continuing to hold on to its broader upside, we look for it to strengthen further in the days ahead. This will leave it targeting the 157.00 level where a violation will aim at the 159.

Mohammed Isah | Quick Read

Mohammed Isah

EURUSD: All Eyes On The 1.2750 Level And Below.

Support lies at the 1.2800 level and next the 1.2750/35 levels, its key support levels. Further down, support comes in at the 1.2600 level. Its weekly RSI is bearish and pointing lower supporting this view.

Mohammed Isah | Quick Read

David Song

Euro Eyes Fresh 2013 Low on ECB Policy- Pound Rebound on Tap

The Euro slipped to 1.2830 as European Central Bank (ECB) board member Benoit Coeure reiterated that the Governing Council is 'exploring options to further...

David Song | Quick Read

Fan Yang

USD/JPY Has a Near-term Range Between 102.75 and 101.84

Consolidation: After breaking above a near-term flag consolidation, the USD/JPY broke above last week's high of 102.14 and reached a high of 102.75 today before stalling.

Fan Yang | Quick Read

Mohammed Isah

USDJPY: Bullish, Looks To Extend Further Upside

Our outlook on USDJPY remains to the upside with a recapture of the 103.00 level on the cards. Further out, resistance resides at the 103.50 level followed by the 104.00 level.

Mohammed Isah | Quick Read

Fan Yang

EUR/AUD – Buy on a Dip to its Channel Support?

EUR/AUD has been rallying since the end of March and has been in somewhat of a rising channel. Some key developments here are: 1) Moving averages are in bullis...

Fan Yang | Quick Read

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