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EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – April 3, 2018
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EUR/USD The pair continue to trade in a short range but with many of the European traders coming back from their very long weekend, the liquidity is
EUR/USD
The pair continue to trade in a short range but with many of the European traders coming back from their very long weekend, the liquidity is expected to pick up. This is likely to help volatility but it is likely that the market might choose to wait till the end of the week when the employment data is due from the US. …Read More
GBP/USD
The pair continues to trade near the support region of 1.40 and as we have been saying many times, this is likely to be the region of battle between the bulls and the bears which should decide who is going to be in control for the short term. …Read More
AUD/USD
The pair continues to trade in a buoyant manner as the dollar slips during trading and we are also seeing the prices of commodities making a strong comeback as of this writing. This is likely to continue for the rest of the day. …Read More
USD/JPY
The pair has been consolidating and ranging over the last few days with no specific direction but the fact that the prices have broken through the 108 region would mean that the bears continue to be in control though the region around 105 is likely to lend a lot of support. …Read More
About the Author
Colin Firstauthor
Colin specializes in developing trading strategies and analyze financial instruments both technically and fundamentally. Colin holds a Bachelor of Engineering From Milwaukee University.
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