Credit Suisse discusses AUD/USD technical outlook and highlights the importance of the 0.6706 level for near-term direction. "AUDUSD saw another concerted effort to break above the pivotal resistance zone composed of the 200-day average, the March ...

Institutional trade recommendations

Credit Suisse discusses its near-term bias on EUR/USD, GBP/USD, and EUR/GBP. "we can now see EURUSD push beyond its 200-day MA at 1.1012 and make a run towards our new near-term target of 1.1200. We continue to target GBPUSD 1.20 medium term and ...

Institutional trade recommendations

Societie Generale Research flags a scope fro EUR/USD to break higher, while maintains shorts in EUR/JPY and GBP/JPY. "A slightly stronger fix in Beijing was interpreted a signal that the authorities are, at least, reluctant to see their currency ...

Institutional trade recommendations

MUFG Research maintains a short GBP/JPY exposure and doesn't expect further GBP rally from current levels.

Institutional trade recommendations

Credit Agricole Research maintains a bearish bias on GBP in the medium-term. "Negative rates could fuel sharp portfolio outflows, trigger wild GBP gyrations and FX volatility, reducing further the appeal of UK assets for foreigners and increasing FX ...

Institutional trade recommendations

Bank of America Global Research maintains a bearish and short EUR/USD exposure targeting a move towards 1.05.

Institutional trade recommendations

The weekly FX pick from TD Securities is to buy CHF/JPY at spt with a target of 113.25 and a stop at 109.75.

Institutional trade recommendations

Standard Chartered went short EUR/CHF at 1.06 today, stop 1.08, target 0.95

Institutional trade recommendations

TD Research maintains a bearish bias on AUD, expressing that via holding a short AUD/USD exposure targeting a move towards 0.6175.

Institutional trade recommendations

Credit Suisse maintains a tactical technical bearish bias on EUR/USD targeting a break of 1.0727 targeting 1.0635 ahead of 1.0341 over the coming weeks. "We stay bearish for the potential uptrend at 1.0762 and eventually a move below the 1.0727 ...

Institutional trade recommendations

Citi flags a scope for EUR/JPY to trend lower towards a move into 109.57 over the coming weeks. "EURJPY traded below the support around 116 again (where the September 2019 low converges with the 76.4% retracement level of the 2016 - 2018 upmove). We ...

Institutional trade recommendations

Bank of America Global Research discusses EUR/USD outlook and outlines 6 key reasons for staying structurally bearish on the pair over the coming months targeting a move towards 1.02. "Though EURUSD is undervalued by about 10%, according to our ...

Institutional trade recommendations

AB discusses AUD/USD technical outlook and adopts a bullish bias on a multi-months basis. "We anticipate that the current ST correction will struggle to sustain levels below 0.6250/0.6300 in the coming weeks ahead of a renewed MT uptrend bias. ...

Institutional trade recommendations

Societe Generale Research maintains a structural bearish bias on EUR and CAD, preferring to express that via short EUR/JPY and long AUD/CAD. AUD/CAD 0.904 EURJPY 115.45

Institutional trade recommendations

Credit Agricole discusses EUR/CHF outlook and expects the cross to stay in a range-bound pattern over the coming weeks. CACAIB holds a structural long EUR/CHF position targeting a move towards 1.12. EURCHF 1.054

Institutional trade recommendations

NAB discusses NZD/USD technical outlook and expects the pair to maintain a 0.5850 / 0.6275 range in May. "The April close placed NZD/USD back inside its two year and three year downtrend channels but fell short of completing a bullish monthly ...

Institutional trade recommendations

Citi outlines its key bias on G10 currencies this week. "We are bullish: USD: We have a bullish bias for the USD this week, especially as month-end selling is out of the way and USD positioning is more neutral. USD also tends to appreciate in May, ...

Institutional trade recommendations

UOB Research discusses EUR/USD outlook and revises its targets to 1.09, 1.10, and 1.11 in Q2, Q3, and Q4 respectively.

Institutional trade recommendations

MUFG Research discusses AUD/NZD outlook and sees a scope for a move lower in the near-term. "AUD/NZD rising from a low of 0.9996 to a recent high of 1.0752 over the same period. Our QI technical models signal that the AUD is the most overbought G10 ...

Institutional trade recommendations

Bank Of America Global Research maintains a buy-on-dips bias for USD and JPY. BofA holds long USD/CAD in spot targeting a move towards 1.50, and a short EUR/JPY via an options structure. USDCAD is 1.406

Institutional trade recommendations