US Dollar (USD) is likely to trade in a range of 7.1800/7.2000 against Chinese Yuan (CNH). In the longer run, for now, USD is likely…
Australian Dollar (AUD) is likely to consolidate in a range of 0.6420/0.6470 vs US Dollar (USD). In the longer run, for the time being, AUD…
There is scope for the sharp rally to extend; deeply overbought conditions suggest any advance is likely part of a higher range of 1.1330/1.1415. In…
US Dollar (USD) is expected to strengthen; the significant resistance at 147.50 is unlikely to come under threat. In the longer run, price action suggests…
Increase in momentum is likely to lead to US Dollar (USD) advance, potentially to 7.2130. In the longer run, for now, USD is likely to…
Australian Dollar (AUD) could edge below 0.6400 against US Dollar (USD); the next support at 0.6380 is unlikely to come under threat. In the longer…
As widely expected, the Reserve Bank of New Zealand (RBNZ) decided to lower the Official Cash Rate (OCR) for a sixth straight meeting by 25bps…
Further weakness is not ruled out; it is unclear whether Euro (EUR) can break and hold below 1.1200 against US Dollar (USD). In the longer…
New Zealand Dollar (NZD) could trade sideways between 0.5920 and 0.5980 against US Dollar (USD). In the longer run, momentum is slowing rapidly; the chance…
US Dollar (USD) could strengthen further vs Japanese Yen (JPY); deeply overbought conditions suggest that any advance is likely limited to a test of 144.80.…