USD/JPY is hesitating on its way up and AUD/USD is feeling relatively comfortable in the current trading ranges. What is the next move? Natixis calling to sell any bounce on the Aussie and to sell any dip in dollar/yen. What do you think? Here is their view, courtesy of eFXnews: In reaction to the a series of indicators that confirmed the strengthening of US growth, the US dollar extended its rise against most G10 and emerging currencies, notes Natixis. “…There is nothing standing in the way of a monetary tightening by the Federal Reserve come mid-2015. The US 2-year rate is back at its highest levels of September at 0.54%, and can be expected to extend its rise. And although the US 10-year rate has also risen, it is only at 2.40%, which is 20bp below its September high. “In short, the overall environment remains favourable for the US dollar. That can be seen in the significant positions held by speculative accounts, to the point in fact when the currency is starting to be overbought. The DXY dollar index has broken above 88 and we see it appreciating further to 90-91 in coming months,” Natixis projects. In line with this structural bullish USD view, Natixis advises clients to use any USD/JPY dips to enter long positions targeting 117.90. Same for AUD/USD, where Natixis advises selling bounces targeting a move to 0.8480. For lots more FX trades from major banks, sign up to eFXplus By signing up to eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Opinions share Read Next EUR/USD: Trading The German ZEW Nov 2014 Kenny Fisher 8 years USD/JPY is hesitating on its way up and AUD/USD is feeling relatively comfortable in the current trading ranges. What is the next move? Natixis calling to sell any bounce on the Aussie and to sell any dip in dollar/yen. What do you think? Here is their view, courtesy of eFXnews: In reaction to the a series of indicators that confirmed the strengthening of US growth, the US dollar extended its rise against most G10 and emerging currencies, notes Natixis. "...There is nothing standing in the way of a monetary tightening by the Federal Reserve come mid-2015. The US 2-year rate… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.