US Dollar, Japanese Yen to Extend Losses as Risk Appetite Firms

The US Dollar and the Japanese Yen may extend Asian-session losses into European trade as risk appetite remains well-supported, weighing on the safety-linked currencies against the spectrum of their major counterparts.

Read the original post:
US Dollar, Japanese Yen to Extend Losses as Risk Appetite Firms

This is from DailyFX -:

The US Dollar and the Japanese Yen may extend Asian-session losses into European trade as risk appetite remains well-supported, weighing on the safety-linked currencies against the spectrum of their major counterparts.

Read the rest of the post here:
US Dollar, Japanese Yen to Extend Losses as Risk Appetite Firms

Here is a good article from

More here: US Dollar, Japanese Yen to Extend Losses as Risk Appetite Firms

USD/JPY: Remain Long as Prices Threaten Stop-Loss

Read more from the original source:
USD/JPY: Remain Long as Prices Threaten Stop-Loss

Here’s an interesting a:1:{i:0;s:8:”TVRreQ==”;} post from DailyFX -:

Read the rest of the post here:
USD/JPY: Remain Long as Prices Threaten Stop-Loss

Here is a new post from

Continue here: USD/JPY: Remain Long as Prices Threaten Stop-Loss

GBP/USD: Bearish Reversal Hinted at Channel Top

Source:
GBP/USD: Bearish Reversal Hinted at Channel Top

This is from DailyFX -:

Read the rest of the post here:
GBP/USD: Bearish Reversal Hinted at Channel Top

Here is an interesting article from

More here: GBP/USD: Bearish Reversal Hinted at Channel Top

USD/CAD Channel Presents Scalping Opportunity

The Canadian dollar continues to find support on strong domestic fundamentals and an increase in broader optimism. The USD/CAD has closed lower for eight straight days and is looking to end that streak today. However, we have seen daily volatility condense which has created an ideal scalping opportunity. The pair continues to trade along a descending support trend line which is limiting downside risks and providing a target level for traders.

More here:
USD/CAD Channel Presents Scalping Opportunity

From DailyFX:

The Canadian dollar continues to find support on strong domestic fundamentals and an increase in broader optimism. The USD/CAD has closed lower for eight straight days and is looking to end that streak today. However, we have seen daily volatility condense which has created an ideal scalping opportunity. The pair continues to trade along a descending support trend line which is limiting downside risks and providing a target level for traders.

Read the rest of the post here:
USD/CAD Channel Presents Scalping Opportunity

Here is a good article from

More here: USD/CAD Channel Presents Scalping Opportunity

Japanese Yen Benefits From Risk Aversion, British Pound Extends Decline

The Japanese Yen strengthened across the board as investors scaled back their appetite for risk, while the British Pound extended the decline from earlier this week and slipped to a low of 1.4937 as Fitch Ratings held a cautious outlook for the U.K.

Go here to see the original:
Japanese Yen Benefits From Risk Aversion, British Pound Extends Decline

From DailyFX:

The Japanese Yen strengthened across the board as investors scaled back their appetite for risk, while the British Pound extended the decline from earlier this week and slipped to a low of 1.4937 as Fitch Ratings held a cautious outlook for the U.K.

Read the rest of the post here:
Japanese Yen Benefits From Risk Aversion, British Pound Extends Decline

Here is an interesting post from

More here: Japanese Yen Benefits From Risk Aversion, British Pound Extends Decline

Pound Declines on Soft Retail Sales, House Prices Data and Bank Downgrade Scare

The British Pound declined against the spectrum of major currencies in overnight trade after a disappointing set of house price and retail sales figures as well as rumors that Moody’s may downgrade the bonds of several UK banks.

View original here:
Pound Declines on Soft Retail Sales, House Prices Data and Bank Downgrade Scare

This is from DailyFX:

The British Pound declined against the spectrum of major currencies in overnight trade after a disappointing set of house price and retail sales figures as well as rumors that Moody’s may downgrade the bonds of several UK banks.

More:
Pound Declines on Soft Retail Sales, House Prices Data and Bank Downgrade Scare

Here is a good article from

More here: Pound Declines on Soft Retail Sales, House Prices Data and Bank Downgrade Scare

British Pound Testing Potentially Strong Resistance 03-08

The GBPUSD has met resistance from former support / the 38.2% of the decline from 15825, at 15181. Channel resistance reinforces the current level.

Here is the original post:
British Pound Testing Potentially Strong Resistance 03-08

This is from DailyFX:

The GBPUSD has met resistance from former support / the 38.2% of the decline from 15825, at 15181. Channel resistance reinforces the current level.

More:
British Pound Testing Potentially Strong Resistance 03-08

Here is a good article from

Continue here: British Pound Testing Potentially Strong Resistance 03-08

USD/CAD Channel Convergence Creates Range Opportunity

Canadian dollar support was already strong following the better than expected GDP report and speculation that the BoC would look to raise rates in the second half of the year. Policy makers are committed to remain on hold until June but have seen their flexibility diminish as inflation has begun to rise.

See the original post here:
USD/CAD Channel Convergence Creates Range Opportunity

This is from DailyFX:

Canadian dollar support was already strong following the better than expected GDP report and speculation that the BoC would look to raise rates in the second half of the year. Policy makers are committed to remain on hold until June but have seen their flexibility diminish as inflation has begun to rise.

Read the rest here:
USD/CAD Channel Convergence Creates Range Opportunity

Here is a good article from

Continue here: USD/CAD Channel Convergence Creates Range Opportunity

USD/JPY Could Present Scalping Opportunity Ahead Of Non-Farm Payrolls

The USD/JPY broke out today as yen crosses have come under pressure as risk assets fund support on the back of a Greek plan to cut its deficit and an improvement in US initial jobless claims. A dour U.S. pending home sales report has slowed the advance and may be the beginning of a period of consolidation. The upcoming Non-Farm payroll report is major event risk which could lead to a quieting of the pair’s price action, as it has been the most sensitive to U.S. fundamental data.    

View post:
USD/JPY Could Present Scalping Opportunity Ahead Of Non-Farm Payrolls

Here’s an interesting a:1:{i:0;s:8:”TVRreQ==”;} post from DailyFX:

The USD/JPY broke out today as yen crosses have come under pressure as risk assets fund support on the back of a Greek plan to cut its deficit and an improvement in US initial jobless claims. A dour U.S. pending home sales report has slowed the advance and may be the beginning of a period of consolidation. The upcoming Non-Farm payroll report is major event risk which could lead to a quieting of the pair’s price action, as it has been the most sensitive to U.S. fundamental data.    

More:
USD/JPY Could Present Scalping Opportunity Ahead Of Non-Farm Payrolls

Here is an interesting post from

Continue here: USD/JPY Could Present Scalping Opportunity Ahead Of Non-Farm Payrolls

Canadian Dollar Strong; but Still above January Low

 The USDCAD has broken below 10365, which negates the bullish bias (at least for now).  A bullish outcome is possible with price above the January low but confidence is low.  

Read the original here:
Canadian Dollar Strong; but Still above January Low

From DailyFX:

 The USDCAD has broken below 10365, which negates the bullish bias (at least for now).  A bullish outcome is possible with price above the January low but confidence is low.  

Continue here:
Canadian Dollar Strong; but Still above January Low

Here is an interesting article from

Continue here: Canadian Dollar Strong; but Still above January Low

Next Page »