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AUD/USD Price Prediction: Weekly chart shows bearish Tweezer Top nearly confirmed
AUD/USD rose up to the top of its range during the summer in a three-wave ABC pattern (see chart) and then formed a bearish Tweezer Top Japanese candlestick reversal pattern on the weekly chart (orange-shaded circled on chart).
AUD/USD
Fxstreet
Fri, Oct 11
CAD down for an eighth session in a row – Scotiabank
The Canadian Dollar (CAD) is a little softer on the session so far but losses are holding near yesterday’s low in the upper 1.37s, Scotiabank’s FX Chief FX Strategist Shaun Osborne notes.
USD/CAD
Fxstreet
Fri, Oct 11
USD/JPY: Levels to watch are 150.05 and 151.00 – UOB Group
The US Dollar (USD) is likely to consolidate in a range of 148.10/149.40.
USD/JPY
Fxstreet
Fri, Oct 11
USD/CAD Price Forecast: Extends winning streak for eighth trading day
The USD/CAD pair extends its winning spell for the eighth trading day on Friday.
USD/CAD
Fxstreet
Fri, Oct 11
CAD: Jobs data can help hawkish repricing – ING
Canada releases jobs figures for September today, and the consensus is centred around a solid 27k employment print, with unemployment inching up from 6.6% to 6.7%, ING’s FX analyst Francesco Pesole notes.
USD/CAD
Fxstreet
Fri, Oct 11
NZD/USD: To decline further, NZD must break clearly below 0.6050 – UOB Group
The New Zealand Dollar (NZD) is likely to consolidate between 0.6070 and 0.6120.
NZD/USD
Fxstreet
Fri, Oct 11
USD/CAD: Daily MACD denotes regain of upward momentum – Société Generale
USD/CAD decline stalls near August low of 1.3440, which resulted in a short-term up move, Societe Generale’s FX analysts note.
USD/CAD
Fxstreet
Fri, Oct 11
EUR: Awaiting some help from Beijing – ING
EUR/USD has stabilised in the 1.09-1.10 range, but continues to face downside risks as a USD:EUR two-year swap rate gap at 130bp is consistent with sub-1.09 levels, and Middle East tensions can easily add to the negatives for the pro-cyclical, oil-sensitive EUR.
EUR/USD
Fxstreet
Fri, Oct 11
AUD/USD: To trade in a sideways range of 0.6715/0.6770 – UOB Group
The Australian Dollar (AUD) is likely to trade in a sideways range of 0.6715/0.6770.
AUD/USD
Fxstreet
Fri, Oct 11
NZD/USD: Bears feeling lethargic – OCBC
The New Zealand Dollar (NZD) fell after RBNZ cut rate by 50bp.
NZD/USD
Fxstreet
Fri, Oct 11
GBP/USD: To trade probably between 1.3020 and 1.3100 – UOB Group
The Pound Sterling (GBP) is expected to trade in a range, probably between 1.3020 and 1.3100.
GBP/USD
Fxstreet
Fri, Oct 11
USD/CHF hovers near key support of 0.8560 ahead of US PPI
The USD/CHF pair wobbles near the immediate support of 0.8560 in Friday’s European session.
USD/CHF
Fxstreet
Fri, Oct 11
EUR/USD strives to gain ground above 1.0900 with US PPI in focus
EUR/USD moves slightly higher to near 1.0950 on Friday after a sharp recovery from the two-month low of 1.0900 recorded on Thursday.
EUR/USD
Fxstreet
Fri, Oct 11
EUR/USD: Likely to trade in a range between 1.0910 and 1.0960 – UOB Group
Instead of weakening further, the Euro (EUR) is more likely to trade in a range between 1.0910 and 1.0960.
EUR/USD
Fxstreet
Fri, Oct 11
Mexican Peso recovers after Banxico Minutes, Sheinbaum courts US finance
The Mexican Peso (MXN) edges higher in its most-traded pairs on Friday, carrying momentum over from its recovery on the previous day, when it found a floor and rose following the release of the Bank of Mexico (Banxico) meeting minutes.
USD/MXN
Fxstreet
Fri, Oct 11
Forex Today: US Dollar consolidates weekly gains ahead of producer inflation data
Here is what you need to know on Friday, October 11: Following Thursday's volatile action, markets seems to have stabilized to begin the last trading day of the week.
Fxstreet
Fri, Oct 11
EUR/GBP remains firm above 0.8350 following German inflation, UK GDP data
The EUR/GBP cross trades on a stronger note around 0.8380 on Friday during the early European trading hours.
EUR/GBP
Fxstreet
Fri, Oct 11
Germany Consumer Price Index (YoY) meets expectations (1.6%) in September
Germany Consumer Price Index (YoY) meets expectations (1.6%) in September
EUR/USD
Fxstreet
Fri, Oct 11
Germany Consumer Price Index (MoM) meets expectations (0%) in September
Germany Consumer Price Index (MoM) meets expectations (0%) in September
EUR/USD
Fxstreet
Fri, Oct 11
Germany Harmonized Index of Consumer Prices (YoY) meets forecasts (1.8%) in September
Germany Harmonized Index of Consumer Prices (YoY) meets forecasts (1.8%) in September
EUR/USD
Fxstreet
Fri, Oct 11
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