The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
Daily Market Analysis
Such credible banks as Bank of America and Citigroup made extremely bullish forecasts from $3 000 to $5 000. It’s hard to imagine right now, but let’s discuss why it may become true.
The JPY is the strongest and the GBP is the weakest as the European afternoon session begins. Jump in for the fresh analysis!
AUD has been going up lately against the USD. How that may change with the coming RBA session?
According to Credit Agricole SA, the British pound is going to plummet to 1.20 in case of the impasse over the Brexit deal.
Asian equity markets began the week indecisively as the region reflected on Friday’s US jobs release and continued tech-related losses on Wall Street.
The US Dollar consolidated gains on Friday but was set for its biggest weekly rise in two and a half months.
The poor Canadian data in combination with the positive US report should push USD/CAD to the upside. Jump in for technical analysis!
Some analysts believe that there is more room for the US dollar to fall further. According to AG Bisset Associates, the USD will plummet by 36% against the euro. It’s hard to believe right now amid the stronger greenback, but let’s discuss why it’s possible.
It's non-farm Friday. Today's U.S. jobs report could deliver the last positive print before losses strike again. Fresh analysis of USD/CAD, AUD/USD and GBP/JPY!
According to economists from Danske Bank, the euro is still overvalued. They see the fair price at 1.16. Let’s see why.
The tech rally is cooling and weekly jobless claims fueled worries about the US labor market. Read the article for analysis of EUR/GBP, EUR/USD and EUR/JPY!