OctaFX | OctaFX Forex Broker
Open trading account

USD/JPY: 115.60 retest expected - UOB

FXStreet (Barcelona) - Quek Ser Leang, Technical Analyst at UOB Group sees a probable retest of the recent high of 115.60.

Key Quotes

“As indicated in yesterday’s update, there are warning signs that USD could be in the midst of a deep pull-back but as long as 113.50 is intact, a retest of the recent high near 115.60 cannot be ruled out just yet. However, a move above 116.00 is not expected for this week.”

AUD/USD could end this year in the 85-86 area - NAB

Analysts at National Australia Bank view Wednesday’s Q3 wage data to show a small up-tick in the annual growth rate from 2.6% yoy to 2.7% in Q3, and are lowering their forecasts.
Read more Previous

GBP/USD – Market bouncing from 6 year Fibo at 1.5781 – Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank mentions that GBP/USD has sold off to and is bouncing from the 1.5781 38.2% retracement of the move from 2008.
Read more Next
Start livechat