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Forex Flash: Majors are bullish ahead - Scotiabank

FXstreet.com (Barcelona) - Today´s majors are bullish according to Scotiabank strategists.

They start with EUR/USD and comment that they need to see resistance of key levels (50D MA and the 38.2% Fib) for new highs. Looking to GBP/USD, they note a triangular consolidation pattern which suggests a continuation of recent gains and finally looking to USD/JPY, they see spot near 5 year highs and are looking for a break of 99.74, at the 50% 4 year Fib level.

Forex: AUD/USD hits 11-week high as stocks advance

The Australian dollar extended its advance against the greenback and reached its strongest level in almost 3 months, supported by the positive market sentiment and stocks broad gains.
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Forex Flash: Majors look for hold recent gains – UBS

UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's majors and outline the technical positions.
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