NZD/CAD has seen a big move to the upside, but we think this is about to end and a big correction will unfold - our view of the fundamentals, technicals, and sentiment below.
The USD has been under pressure against the MXN But we think this could be about to end with a major rally in the USD. Our view of the fundamentals, sentiment and technical levels to watch below.
The DXY has corrected recently and many forecasters are looking for a trend change and CPI inflation data is due today…
EUR/JPY has had a big move to the upside and the EUR is now overbought and JPY oversold – we expect a downturn. Our view of the fundamentals, sentiment and key technical levels to look out for are outlined below.
EUR/USD is trading at the big 1.000 level at the time of writing but the upside is limited in our view and we expect a move to the downside – Our view of the fundamentals, sentiment, and key technical levels to look out for are below.