Latest Forex Research
The Global Macro Pulse
The USD gave back some of its recent gains against the majors today.AUDUSD rose to 0.9359,
The $ corrects lower. Bond yields continues to fall
EURUSD: The decline has during the past days been running onfumes.
USDCAD – triangle and extension targets point to wave-1 high at 1.1001
Prices did pull back to our 1.0880/0850 zone to complete wave-4 and rally accordingly.
USDJPY – wave-(4) pullback targets cluster of support at 103.50
We have so far seen a modest pullback/consolidation this week.
GBPUSD – wave-4 rally to 1.6690 can set stage for move to new lows
The break of the up channel in August confirmed a major turn lower as 5-waves up of
EURUSD – 5-waves down from 1.3412 to 1.3153 could mark end of wave-(3)
In Euro we are focused on pinpointing the wave-5 of (3) low.
FX Daily
Spanish and German inflation data for August are released ahead of the euro figureon Friday.
FI Eye-opener: Mario Magic
German 10-year Bund yield just keeps falling. Yesterday the Bund yield made once more new all-time lows,
Gold Technical Analysis
Gold continues to flirt with the 200-DMA ($1284.9) but has failed to close above.
AUD/USD Analysis
A decent rebound for the pair seen today following the release of unexpectedly strong Q2 new capex data out earlier.
Crude Oil Technical Analysis
The $94.45 resistance level remains key with rallies this week so far stalling ahead of
Daily Market Technicals
EUR/USD has finally managed something of a bounce from fresh 2014 and 11 month lows with minor layers of