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EUR/USD: all eyes turn to FED

EURUSD chart

The EUR/USD pair recovered up to 1.1422 this Tuesday on the back of tepid American data and more SNB. Early Europe, the Switzerland National Bank vice chairman announced the Bank is watching...

Exclusive Analysis

Current Trading Positions

EURUSD Order Entry SL TP
DeltaStock.com BUY MKT @1.1229 1.1190 1.1420
USDJPY Order Entry SL TP
DeltaStock.com SELL MKT @118.22 118.90 117.30
GBPUSD Order Entry SL TP
IFC Markets BUY STP >1.5134 1.4936 -
USDCAD Order Entry SL TP
Danske Bank A/S BUY LMT @1.2372 1.2294 1.2540
EURCHF Order Entry SL TP
JKonFX LONG MKT @0.9860 - -

Macroeconomics

Michael A. Brown

Consumer Confidence Surges in January

Consumers clearly feel more upbeat about the economy. The Consumer Confidence Index jumped 9.8 points to 102.9 in January, with solid gains in both...

Dollar recoups its crown, EUR to plummet below 1.10

Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.1172 1.1176 1.1145
GBPUSD 1.4943 1.4669 1.4896
USDJPY 117.50 117.65 120.01
USDCHF 0.8815 0.8866 0.9062
AUDUSD 0.7879 0.7854 0.7769
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.2479 1.2476 1.2512
NZDUSD 0.7406 0.7424 0.7367
GBPJPY 175.77 170.49 175.77
EURJPY 130.46 130.80 131.95
EURGBP 0.7406 0.7346 0.7423

EUR/USD pricing in further falls: investors no longer see 1.10 as a final objective, with targets as low as 1.0600 seen for this quarter.

GBP/USD bears gain track after 1.50 capitulated: investors now favor the downside, with the pair expected to fall towards 1.4600 in a month.

USD/JPY 120.00 still possible despite the lack of momentum: investors hold to their sideways to bullish positions in the pair once more.

AUD/USD bearish momentum accelerates: Aussie lost its charm alongside with the 0.8000 level, seen bearish from now on.

EUR/JPY all the way down: EUR weakness to dominate the cross, seen at 130.00 and below in this upcoming 3 months.

Caution

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Jan 27, 15:34 GMT

USDJPY - Strong rejection from Fibonacci retracement 61.8% by ForexTrading.TV

Most Traded Pairs Now


Pair Price Hour Day Week Month
USDJPY 117.85 0.00 -0.57 -0.71 -1.92
USDCAD 1.2403 0.00 -0.62 2.44 6.68
AUDUSD 0.7939 0.00 0.21 -2.89 -2.23
GBPUSD 1.5195 0.00 0.72 0.27 -2.36
EURUSD 1.1367 0.00 1.04 -1.59 -6.98