EUR/USD bullish, but not that much: while dollar's weakness is clear, further gains in the EUR are not, unless a clear break beyond 1.1460.
GBP/USD nearing a top, bearish sentiment persists: Pound upward potential seems limited, with the pair hardly seen above 1.5000 during the upcoming months.
USD/JPY mild bullish tone prevails, in spite of BOJ's inaction: the pair is seen nearing a probable bottom at 105.00, recovering towards 110.00 by the end of the quarter.
AUD/USD bearish sentiment increases: but price's slide expected to be shallow, with the pair set to hold above 0.7000.
EUR/JPY bearish pressure increases: but chances of a break below 120.00 are still seen limited.
It was a bad week for the greenback, as there was not a single sign that the US has reverted the slowdown suffered late 2015. In fact, it seemed that things not only were worse during the first quarter of the year, but that the situation persisted through April. View the Live chart of the EUR/USD US data released on Thursday showed that growth...
It has been another week where the USD has come under relentless pressure, with the FOMC midweek disappointing USD bulls who were looking for a little less dovishness...
Growth in the Eurozone accelerated by 0.3 pp. to 0.6% QoQ, in contrast with the 0.4% expected
|Brian's Investment||SELL LMTemail@example.com||-||1.1433|
|Pattern Trapper||BUY LI||>1.1318||-||-|
|Pattern Trapper||SELL LI||<110.47||-||-|
|Pattern Trapper||SELL LI||<1.2602||-||-|
Celebrating female leadership in FX – Interview with Valeria Bednarik by Finance Feeds. Read it now