Latest Forex Research
CAD Mid-day Analysis
The Canadian retains a short term bearish tilt from the charts and the currency must consistently hold above key support at
GBP Mid-day Analysis
The Pound is showing signs of winning by default again and that is a function of a rise in UK home prices and
Norway: Retail sales on the downside –the weather will get the blame
Retail sales surprised on the downside, but will probably not be given too much weight.
Central European Daily
Regional currencies give up previous gains as the Ukraine-Russia conflict weighed on sentiment
FX Daily Majors
Today’s highlights: EURJPY is attempting to break its medium-term uptrend at 136.57.
Daily Technical Report
EUR/USD remains weak as can be seen by thefailure to break the hourly resistance at 1.3220(25/08/2014 high).
The Global Macro Pulse
The USD was broadly stable against majors. EURUSD and USDJPY held steady at 1.318 and 103.73 respectively.
CEE under pressure. Bunds – new record low, 0.82%
EURUSD: Yesterday’s initial attempt higher stalled already at 1.3222,
USDJPY – closing in on 103.50 pullback target
Moving in the right direction towards our 103.50 target zone (a=c & .618(2) & prev. wave-4 low).
EURUSD – must close gap window, better 1.3242 to confirm bull base
Euro attempted to close the Sunday night gap yesterday but failed to better the key 1.3242 level.