Monthly Chartbook

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    EUR/USD EUR/USD rebounded in March. The dollar lost interest rate support against the euro as Draghi suggested that more depo rate cuts are not evident and as the Fed lowered the path of expected rate hikes. EUR/GBP EUR/GBP continues its impressive rebound that started in December. Most of this move is sterling weakness. The EU/Brexit vote looks a close call. This binary risk keeps sterling under pressure. USD/JPY At the start of 2016, the yen profited from a global safe haven bid. A BOJ rate

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