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By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.1.15. There's no shortage of reasons to explain EUR/USD's strength ranging from stronger Eurozone data, disappointing U.S. data...
Originally published by AxitraderHaving asked on Friday if that was it for the aussie dollar, traders continued their battle with the bulls emerging triumphant. In the end AUD/USD had a bullish...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The U.S. dollar came under heavy selling pressure this past week with the greenback breaking key support levels against the...
Unlike major currencies seen taking advantage of weak greenback, the loonie traded with shy 45-pips price action today, currently at 1.3570 after retreating from 1.3610 high today. Although oil is...
Gold was nursed yesterday with a dropping pressure at 1246 low, but still remains above 200-EMA (D1) by 80-pips, which sends a message that AUD/USD remains bullish despite severe losses yesterday -$19...
Originally published by AxiTraderIs that it? Surely that's the question Aussie dollar bulls will be asking themselves after a chronically sick US dollar and very solid employment data yesterday...
Gold retreated to 1253.80 today as a lowest record, but managed to recoup losses with high pace at 1265 high, currently trading 1261.92 intraday. Gold is rising a strong bullish since yesterday with...
EUR/USD was on superb performance this week as the pair managed to rally +251-pips with new record for 2017 at 1.1172 high today. EU economic data was neutral bias yesterday as both CPI and Core CPI...
Originally published by AxiTraderThe US dollar came under intense selling pressure against the euro, yen, and Swiss franc over the past couple of days as the maelstrom around the US President and...
Fundamentals:Crude oil managed to reimburse $4.12 since last Monday where crude plunged to $45.52 bp, and today, oil clocked $49 high bp with failure to close above 200-EMA (D1) for three consecutive...
USD/JPY inaugurated Asian Trading Sessions with 78-pips price action and plunged to 112.34 low. As US dollar extends current bearish momentum with 2017 fresh low at 97.78 low over US negative...
As gold penetrated 1239 100-EMA-D1, the yellow metal has officially launched the daily bullish momentum with expectations for additional gains in the coming hours and the coming days. Gold inaugurated...
Originally published by AMP CapitalKey pointsThe closure of speculative short positions in the Australian dollar, a bounce in commodity prices, delays in Fed rate hikes and expectations the next...
Originally published by AxiTraderEarlier this month in my very long term look at the Euro after Emmanuel Macron's pro-Europe election victory wrote that A close above 1.10 on the monthly charts would...
Originally published by AxiTraderThe euro and Swiss franc both gained about 1% last light as the US dollar fell to the lowest level since Donald trump's election victory last November. But at 0.7427...