EUR/USD Price Analysis: Braces for a bumpy road to 1.1186
EUR/USD retreats from weekly resistance line, 200-HMA amid receding bullish bias of MACD. 61.8% Fibonacci
AUD/USD slides further below mid-0.7100s amid a broad-based USD strength
AUD/USD came under renewed selling pressure on Monday amid a pickup in the USD demand.
EUR/USD: Set to retest the pre-Omicron low of 1.1186 – MUFG
With plenty of central bank meetings next week, including the Fed and the European Central
USD/JPY: Solid support still seen at 112.50 – UOB
Prospects of further decline in USD/JPY are expected to meet support in the mid-112.00s in
USD/CAD flirts with multi-month peak, around 1.2830 ahead of US/Canadian jobs data
USD/CAD edged higher on Friday amid a modest pickup in the USD demand. A further
EUR/USD: Upside could test the 1.1410 level – UOB
In opinion of FX Strategists at UOB Group, the upside bias in EUR/USD could reach
GBP/USD: Still room for further retracement – UOB
FX Strategists at UOB Group suggested GBP/USD still risks further pullbacks in the next weeks.
USD/JPY: Tough support aligns around 112.50 – UOB
According to FX Strategists at UOB Group, USD/JPY’s decline is expected to meet solid support
AUD/USD: Bearish bias persists below 0.7511/69 – Commerzbank
The longer-term bearish stance in AUD/USD is seen unchanged while below the 0.7569/11 band, suggested
EUR/USD faces minor resistance around 1.1374/88 – Commerzbank
Axel Rudolph, Senior FICC Technical Analyst at Commerzbank gives his view on EUR/USD. Key Quotes