EUR/USD: bearish trend resumed

EURUSD chart

The EUR/USD broke lower late US afternoon, trading at fresh lows near the 1.2640 level, with the pair having been on the losing side ever since early European opening: first, rumors that...

Exclusive Analysis

Current Trading Positions

EURUSD Order Entry SL TP
FX BAZOOKA SELL LMT @1.2685 1.2735 1.2625
USDJPY Order Entry SL TP
IFC Markets SELL STP <105.19 107.73 -
Growth Aces LONG LMT <106.50 - -
USDCHF Order Entry SL TP
FX BAZOOKA LONG LMT @0.9485 0.9455 0.9560
GBPAUD Order Entry SL TP
ProAct Traders SHORT LMT @1.8148 - 1.8074


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Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.2759 1.2608 1.2476
GBPUSD 1.6045 1.6023 1.6075
USDJPY 106.62 107.82 109.70
USDCHF 0.9445 0.9589 0.9683
AUDUSD 0.8792 0.8689 0.8661
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.1211 1.1217 1.1241
NZDUSD 0.7975 0.7874 0.7760
GBPJPY 172.43 173.31 176.11
EURJPY 136.16 136.20 137.83
EURGBP 0.7935 0.7833 0.7749

EUR/USD: A solid performance this week causes an increase of dispersion as for the near-term direction. In the longer term, EUR/USD is expected to resume the bearish trend.

GBP/USD: After volatile sessions this week, poll participants expect the pound to keep a sideways bias in the near term.

USD/JPY: Despite risk off mode has tempered the short-term view, long-term bullish expectations remain alive for most traders.

AUD/USD: Uncertainties about RBA monetary policy in contrast with the Fed are confusing AUD speculators.

USD/CHF: Despite broken supports, Poll participants prefer to wait for later confirmation on USD direction.

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Most Traded Pairs Now

Pair Price Hour Day Week Month
AUDUSD 0.8766 0.10 -0.01 0.10 -0.85
USDJPY 107.25 0.01 0.07 0.86 -1.50
EURUSD 1.2637 0.02 -0.07 -1.34 -1.63
GBPUSD 1.6043 0.04 0.00 -0.28 -2.11
USDCAD 1.1250 -0.04 0.09 -0.07 1.55