Share: AUD/JPY witnessed a significant drop, trading around 94.57 in the Asian session. Bearish engulfing candlestick pattern on the daily chart signals potential further declines. Key...
Share: EUR/GBP lingers at 0.8631, with 0.8628 emerging as a formidable demand zone. A breach below 0.8628 could unlock targets at 0.8605 and the pivotal 0.8600....
Share: GBP/JPY dips 0.45% to 181.80, as rising Israel-Hamas conflict propels Yen’s safe-haven appeal. Technical outlook reveals potential bearish bias, with eyes on critical support and...
Share: Further consolidation, likely between 7.2950 and 7.3400, is expected in USD/CNH in the next few weeks, according to Markets Strategist Quek Ser Leang and Senior...
Share: EUR/JPY touches a four-day high of 158.26, buoyed by a sharp rally in EUR/USD, before settling around 158.05. Despite breaching the Ichimoku Cloud, immediate resistances...
Share: EUR/JPY regains the upside and surpasses 157.00. The ongoing consolidation is expected to persist near term. EUR/JPY quickly leaves behind Thursday’s inconclusive price action and...
Share: GBP/JPY registers a 0.50% gain, moving from 179.56 to a close of 180.92, with a cautious uptick to 181.05. An imminent test of the Ichimoku...
Share: NZD/USD fell to fresh multi-week lows below 0.5900 on Tuesday. The broad-based US Dollar strength weighed on the pair. RBNZ is forecast to leave its...
Share: EUR/JPY hovers around the 157.00 region on Tuesday. The cross remains poised for extra range bound trade. EUR/JPY navigates a narrow range around 157.00 following...
Share: Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group note that further downside looks likely once USD/CNH breaches the 7.2800...
Share: EUR/JPY adds to Thursday’s advance and surpasses 158.00. Next on the upside comes the monthly peak at 158.65. EUR/JPY extends Thursday’s gains and reclaims the...
Share: EUR/USD gathers further impulse and surpasses 1.0600. The immediate target for bulls emerges at the 1.0770 region. EUR/USD regains composure and extends the recovery beyond...
Share: USD/CNH risks a potential pullback to 7.2600 once it breaches 7.2800. comment UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia....
Share: Further range bound trade remains likely in USD/CNH for the time being, comment Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at...
Share: NZD/USD could weaken further as long as it trades below the 0.5970 level, suggest Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia...
Share: Intervention hesitations by Japanese authorities refrained EUR/JPY bulls from entering the market. If EUR/JPY pierces the two-week support trendline, the pair might drop inside the...
Share: EUR/JPY registered slim losses, capped by broad Japanese Yen weakness. Downside risks emerge at the daily chart if EUR/JPY drops below 156.70 inside the Ichimoku...
Share: Further gains in NZD/USD need to clear the 0.6015 level, suggest Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group....
Share: AUD/JPY remains on the defensive around 94.75 ahead of the BoJ key event. Australian Manufacturing PMI dropped to 48.2 from 49.6; Services PMI posted 50.5...
Share: Further decline should lose traction once USD/CNH clears the 7.3150 level, comment Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group....