Latest Forex Research
FX Daily Majors
Today’s highlights: GBPUSD continues to hold key support from its rising 200-day average at 1.6671, and only below here would complete a top.
AUD/USD Technical Analysis
In AUD/USD, Commerzbank notes that it has seen a rebound from its current August low at .9239 and is still heading towards the 55 day moving average at .9367.
EUR/USD Technical Analysis
Last week EUR/USD was sidelined between its 1.3336/33 current August lows and the upper pennant line at 1.3419, notes Commerzbank.
Daily Technical Report
EUR/USD continues to hold above its recentlow at 1.3333 but rallies have thus far beenunimpressive.
The Global Macro Pulse
G10 FX is essentially flat with EURUSD at 1.3397, USDJPY at 102.30, and AUDUSD at 0.9320.
€/$ – triangle running late. NOK/SEK higher again
EURUSD: Eight out of the past nine trading days the market has beenpushing prices below 1.3360 but
Gold Technical Analysis
Friday’s choppy price action saw the pair dip back towards the base of the triangle on the daily chart.
FI Eye-Opener: New week, new lows?
10-year Bund closed at 0.95 % on Friday. Geopolitics still high on the agenda.
AUD/USD Analysis
Aussie witnessed a relatively subdued morning today in the Asia-Pacific hours after it opened at $0.9320.
Crude Oil Technical Analysis
Friday’s bounce from just short of Thursday’s lows and close above the $96.75 level eased bearish pressure a little to end the week.
Daily Market Technicals
The falling daily channel top comes in around $1.3453 today with bulls now looking for a close above to confirm breaks of the 21-DMA,