Technical Outlook
The Red wave is backing the dollar strength, 105.00 target exceeded. Bank Of England is expected to cut 25 bps
The Dollar Index (DXY) has exceeded our target of 105.10 in the Asia hours after Donald Trump is seen leading the Presidential race. The
Aussie Dollar continue to strengthen against major currencies as RBA kept its Hawkish stance
The Reserve Bank of Australia (RBA) maintain its interest rate at 4.35% as inflation despite inflation showing signs of progressive downward pressure. Rate is
Bearish pressure of the Dollar (DXY) remains but 102.00 resistance target remain achievable
The US dollar continues to consolidate between 100.50 to 101.98 region as the market is digesting between a 25bps or 50bps cut this coming
Non-farm Payroll may performed better than expected. Dollar may have a boost towards 102.00
The US dollar has rebounded as anticipated and is approaching our resistance level of 102.31. This recovery was supported by an oversold condition and
Dollar Index (DXY) regained strength after closing above 103.00 psychological level, along with the Aussie gaining back bullish sentiment
The US dollar regained control after rebounding at 102.00 and closing above 103.00 psychological level attributed to better-than-expected jobless claim data. However, sentiment remains
Japanese Yen outlook: Bank Of Japan Quantitative tightening and raising of interest rates proceeded as planned
BOJ rate hike and the reduction in Bond buying program came as expected. The 0.25% hike was the highest since 2008, which was a
