Bullish view Buy the AUD/USD pair and set a take-profit at 0.6600. Add a stop-loss at 0.6350. Timeline: 1-2 days. Bearish view Sell the AUD/USD…
Downward momentum has largely faded; US Dollar (USD) is likely to trade in a 7.1850/7.2450 range for now against Chinese Yuan (CNH), UOB Group’s FX…
Australian Dollar (AUD) is likely to trade in a sideways range of 0.6400/0.6450 vs US Dollar (USD). In the longer run, outlook is mixed; AUD…
Further Pound Sterling (GBP) strength still seems likely vs US Dollar (USD); any advance is likely part of a higher range of 1.3325/1.3410. In the…
USD/CAD ticks higher on Monday as softer Oil prices undermine the commodity-linked Loonie. A downgrade of the US credit rating and Fed rate cut bets…
The Canadian Dollar (CAD) is entering Friday’s NA session flat vs. the USD as it consolidates around the midpoint of this week’s range, Scotiabank’s Chief…
US Dollar (USD) is expected to trade in a sideways range of 7.1970/7.2190. In the longer run, a breach of 7.2330 would indicate that the…
USD/CAD trades with a negative bias in the weekly range amid a softer USD, rising Oil prices. The mixed technical setup warrants some caution before…
USD is likely to trade in a sideways range of 145.70/147.50. In the longer run, upward momentum has dissipated; USD is expected to consolidate in…
A slight increase in downward momentum is likely to lead to a lower range of 0.6400/0.6465 instead of a sustained decline. In the longer run,…