Forexperts

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

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

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

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

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

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

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

Euro Falters as 1Q GDP Disappoints, Pound Rebounds on BoE

The Euro slid to a fresh monthly low of 1.2874 as the region's 1Q GDP report showed the growth rate contracting 0.3% versus forecasts for a 0.

David Song | Quick Read

EURUSD: Violates Support To Resume Downside Pressure

With EUR taking out its support at the 1.2955 level to close lower on Tuesday and extending that weakness during early trading today, more decline is expected. Further down, support lies at the 1.

Mohammed Isah | Quick Read

EUR/JPY in Near-term Consolidation Range

Bullish: The 1H EUR/JPY chart shows a market that is bullish. The market has made higher lows and higher highs. The moving averages are upsloping with price above the 200-hour SMA.

Fan Yang | Quick Read

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