InterstellarFX

EUR/USD EUR/USD seems to have gone into a consolidation phase around 1.1600 on Tuesday. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects the pair to challenge the recent low of 1.1522 and sees scope for a slump to 1.1366. GBP/USD GBP/USD is on the defensive as it trades around 1.3650 after failing at the 1.3851 200-day moving average (DMA). Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects the cable to fall towards the 1.3569 mark. USD/JPY The USD/JPY rose

EUR/USD EUR/USD remains sidelined around 1.1550, following the heaviest daily fall since mid-June, heading into Monday’s European session. Having witnessed the European Central Bank’s (ECB) failed attempt to hide hawkish intentions, the market turns towards the US Federal Reserve (Fed) with high hopes of tapering hints. GBP/USD GBP/USD is under pressure below 1.3700, trying to find its feet after Friday’s severe blow. The bears retain control amid a broadly stronger US dollar and looming Brexit risks. USD/JPY USD/JPY remains on the front foot above 114.00,

EUR/USD EUR/USD treads water around 1.1685, grinds higher heading into Friday’s European session. GBP/USD GBP/USD remains firm during the Asian session on the last trading day of the week. The pair managed to gather momentum, following the previous session. USD/JPY USD/JPY is keeping its recovery mode intact above 113.50 on these comments. The spot was last seen trading at 113.56, almost unchanged on the day. AUD/USD AUD/USD bulls seem to have tired after a four-day uptrend to the fresh high since early July. NZD/USD NZD/USD grinds higher following the

EUR/USD FX Strategists at UOB Group noted EUR/USD now moved into a consolidative phase, likely between 1.1555 and 1.1670 in the next weeks. GBP/USD In opinion of FX Strategists at UOB Group, GBP/USD should keep navigating between 1.3690 and 1.3840 for the next weeks. USD/JPY According to FX Strategists at UOB Group, USD/JPY is forecast to keep the consolidative mood well and sound for the time being and likely within the 113.20-114.70 range. AUD/USD AUD/USD extends previous day’s rebound, refreshes weekly high. NZD/USD The buying interest is seen fading

EUR/USD According to FX Strategists at UOB Group, EUR/USD is expected to keep the 1.1555-1.1670 range unchanged for the time being. GBP/USD Cable is still seen navigating within the 1.3690-1.3840 range in the short-term horizon, suggested FX Strategists at UOB Group. USD/JPY USD/JPY licks its wounds around 114.00, down 0.12% intraday, as European traders brace for Wednesday’s bell. In doing so, the yen pair bounces off a one-week-old ascending support line by the press time. AUD/USD AUD/USD could extend the bullish momentum to the mid-0.7500s in the

EUR/USD FX Strategists at UOB Group noted EUR/USD now moved into a consolidative phase, likely between 1.1555 and 1.1670 in the next weeks. GBP/USD In opinion of FX Strategists at UOB Group, GBP/USD should keep navigating between 1.3690 and 1.3840 for the next weeks. USD/JPY According to FX Strategists at UOB Group, USD/JPY is forecast to keep the consolidative mood well and sound for the time being and likely within the 113.20-114.70 range. AUD/USD AUD/USD extends previous day’s rebound, refreshes weekly high. NZD/USD The buying interest is seen fading

EUR/USD In the view of the analysts at JP Morgan, EUR/USD is foreseen at 1.1400 by December and 1.1200 next year. GBP/USD GBP/USD remains firm on the first trading day of the week in the early European session. The pair managed to gather momentum following the previous two session’s fall-off. USD/JPY USD/JPY moves lower for the fourth straight day on Monday following the consistent downward pressure on the US dollar. AUD/USD AUD/JPY edges higher on Monday following the previous session’s downside momentum. NZD/USD NZD/USD holds in the daily support

EUR/USD According to FX Strategists at UOB Group, EUR/USD could attempt some consolidation ahead of a probable move to 1.1680. GBP/USD Cable’s performance remains solid and a test of 1.3850 remains on the table in the next weeks, suggested FX Strategists at UOB Group. USD/JPY USD/JPY has rallied with the yen unable to benefit from risk aversion of late because higher oil prices and higher bond yields are encouraging yen shorts to stick to the game plan. AUD/USD AUD/USD refreshes multi-day top on crossing the key resistance

EUR/USD In opinion of FX Strategists at UOB Group, EUR/USD could be headed to the 1.1680 level in the next weeks. GBP/USD The outlook for Cable remains constructive with the next target at 1.3850 and beyond in the short-term horizon, suggested FX Strategists at UOB Group. USD/JPY UOB Group’s FX Strategists remain of the view that USD/JPY still targets the 115.00 level in the near term. AUD/USD AUD/USD’s rally has reached the 55-week ma at 0.7516, an interim target. Karen Jones, Team Head FICC Technical Analysis Research

EUR/USD According to FX Strategists at UOB Group, EUR/USD could attempt some consolidation ahead of a probable move to 1.1680. GBP/USD Cable’s performance remains solid and a test of 1.3850 remains on the table in the next weeks, suggested FX Strategists at UOB Group. USD/JPY USD/JPY has rallied with the yen unable to benefit from risk aversion of late because higher oil prices and higher bond yields are encouraging yen shorts to stick to the game plan. AUD/USD AUD/USD refreshes multi-day top on crossing the key resistance