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Cable plunges; 1.48 next bear target

Cable broke sub-1.50 earlier and some decent downside momentum has been building since then Aside from the broad USD strength, UK political risks are again coming into focus The pair is currently testing the January low at 1.4950, but this isn’t likely to be much of an obstacle for GBP shorts The next significant support […]


JP Morgan: Buy EUR/NZD

via JP Morgan’s Tech Team: FX Tech Alert: Buy EUR/NZD for an intermediate bounce to 1.5500 Having come very close to an internal weekly trend line support at 1.4541 while the shown wave count also offers a high likelihood that we are just about to complete a long-term 5-wave cycle down from the 2009 high […]


FX Flows – USD bid, mixed AUD flows + EURGBP buying

from Citibank: Signs of hesitancy are creeping into the market if our flow is anything to go by.  Overall, we’ve seen reasonable net USD demand. Most of this as a result of selling in EURUSD. Our flow has a 53% bias, which might not sound much, but turnover is high. The potential mismatch is large […]


Goldman Sachs Spot Desk Strategies

OVERVIEW => USD strength remains the norm, and we maintain our bullish view on the USD vs EUR, GBP, JPY and AUD. {EU} EURUSD Lower => We have breached the 1.07 level now and we maintain our conviction of EURUSD lower. Resistance will now come in at 1.0720 and 1.0795, while on the downside we […]


Aussie headed for test of 0.75000 by Reece Marini

AUDUSD Weekly The Aussie continues to trade heavily and is set to test the 0.75000 level in the coming days, with a break and solid close below this level seeing momentum pick up on the downside. AUDUSD H4 The bears have been seen selling into recent rallies ever since 1:1 (Light blue) and 38.2 attracted […]


Daily Global Market Wrap – Forex, Commodity & Global Market Strategy Outlook 11 March 2015

Every day the Invast team review the major economic, fundamental and technical events that are important for traders who are looking to trade the global markets, focusing in particular on the Forex & Commodity markets. Daily Global Market Wrap Missed a session? Click Here


BNZ readjusting short NZD/USD target

BNZ have always had a very good handle on the NZD and last week’s trade is no exception. They sold at .7584 and are fast approaching their .7217 target level. With the RBNZ unlikely to be anything except NZD bearish tomorrow morning, the BNZ trade team have readjusted their profit target lower towards .7000 and […]


USD rally continues, more TC pips and stock pullback still going to plan for now by Mary McNamara

The USD index has continued its rally and the stock pullback is still unfolding as per my plan with the NASDAQ yet to test 4,800 and the S&P500 yet to test a key 61.8% fib level. USDX 4hr: onward and upward here. I do think the psychological 100 level may give it pause for thought though: […]



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