The elections in Brazil: challenges for the BRL
One of the most unpredictable and scandalous elections in the world of emerging markets will be held on the 7th of October in Brazil…
US Nonfarm Payrolls: forecasts from banks
The United States will release labor market data at 15:30 MT time today. According to the consensus forecast, American economy added in September only 88K of new jobs after gaining 156K in August. The reason for weak expectations in the Harvey hurricane. Apart from NFP, America will also release average hourly earnings and unemployment rate. Let’s see what outcome do the major banks envisage.
Elizabeth Belugina
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Here we have gathered the most interesting currency forecasts of analysts from the key commercial banks…
Negative trend for the AUD
The Australian currency keeps following the negative trend as a result of the market’s contagion by trade wars…
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GBP/USD: confirmed "Thorn" pattern
The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...
USD/CHF: time to correct?
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
EUR/USD: "Tweezers" on 34 Moving Average
There's no any reversal pattern so far, so the market is likely going to test the nearest resistance area in the short term...
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