GBP/USD: Break Of 1.32 Opens The Way For 1.3520 – TD

The pound reached the highest levels since July, almost touching 1.33. Can it continue higher? The New Zealand dollar is also on a roll. Here is their view, courtesy of eFXdata: TD Research discusses its tactical views on GBP/USD, AUD/CAD, and NZD/USD/ “Brexit headlines have kept GBP’s price action choppy, though the framework for a […]

EUR/USD is hugging 1.17 for too long, big breakout ahead?

The EUR/USD is moving up within the narrow range. A tug of war between trade calm, US yields, and Brexit headlines keep the pair steady. The technical picture remains bullish for the EUR/USD. The world’s most popular currency pair is flirting with the 1.1700 level once again, holding up in the high range that characterized […]


The dollar’s weakening seemed to have stopped, but there are no new clear directions. What levels should we look out for? Here is their view, courtesy of eFXdata: EUR/USD:  Neutral (since 21 Aug 18, 1.1485): Probability for a move to 1.1790 has increased. EUR touched a 3-week high of 1.1724 yesterday before easing off and […]

EUR/USD stuck at 1.1680 – where next?

The EUR/USD has settled below 1.1700, getting comfortable in a higher range but not going anywhere fast. There is a reason why it is stuck there, yet a break can send it shooting higher. The Technical Confluences Indicator shows that the EUR/USD is stuck around the 1.1680 which is the dense cluster of levels including the Simple Moving Average 100-one-hour, the […]