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  • Canadian dollar keeps firm tone despite downbeat Canada’s labor data
  • GBPJPY is trading near the highest in 7.5 years
  • China’s inflation remains anemic in May; factory prices drop at the fastest pace in 7 years
  • Euro rises despite downbeat EU GDP data
  • British pound rises on weaker dollar, bulls look for confirmation on close above thick daily cloud
  • Aussie keeps bullish tone and attacks again key barriers
  • Canadian dollar receives fresh boost from BOC hawkish hike
  • Turkish lira suffered the biggest one-day loss in five years
  • Near-term bias remains negative below 140
  • Bears look for further extension

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Technical Outlook

Bullish bias above 1.10 support, but near-term action still in a range

Slobodan Drvenica May 8, 2023
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Technical Outlook

Euro remains within the range but biased higher ahead of NFP

Slobodan Drvenica May 5, 2023
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Technical Outlook

Violation of key support makes the downside more vulnerable, but Fed and ECB likely to define…

Slobodan Drvenica May 2, 2023
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Technical Outlook

Shallow correction to keep bulls intact

Slobodan Drvenica May 1, 2023
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Technical Outlook

Larger bulls likely to regain traction after a shallow pullback

Slobodan Drvenica Apr 28, 2023
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Technical Outlook

Bulls return to play and hit new 2023 high

Slobodan Drvenica Apr 26, 2023
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Technical Outlook

Euro looks for fresh direction signals

Slobodan Drvenica Apr 19, 2023
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Technical Outlook

Euro benefits from improved risk sentiment, but still holding below pivotal 1.10 resistance

Slobodan Drvenica Apr 18, 2023
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Technical Outlook

Growing signals of reversal still need confirmation

Slobodan Drvenica Apr 17, 2023
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Technical Outlook

Bulls hold grip but caution on growing signals of pullback

Slobodan Drvenica Apr 14, 2023
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Lastest Posts
  • Canadian dollar keeps firm tone despite downbeat Canada’s labor data
  • GBPJPY is trading near the highest in 7.5 years
  • China’s inflation remains anemic in May; factory prices drop at the fastest pace in 7 years
  • Euro rises despite downbeat EU GDP data
  • British pound rises on weaker dollar, bulls look for confirmation on close above thick daily cloud

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