Latest Forex Research
Aussie Currencies Technicals
The $0.9292 initial resistance level has again capped the AUD/USD. Bulls need a close above $0.9292 to
USDJPY – bull flag above wedge breakout suggest rally to 102.50/70 n/t
The 101/103 range persists in $JPY. Friday, a bullish shooting star candle reversed early losses;
EURUSD – upward correction targeting 1.3480/3515 zone
Early last week we highlighted the completed 5-wave decline in Euro and proposed a rally towards 1.3480/3515.
Daily FX Update
A volatile global environment, with some easing in concern over Ukraine offset by an escalation in Iraq, is being watched carefully by markets.
EUR Mid-day Analysis
The Euro is tracking lower to start today but one might think the currency will find some support from
CHF Mid-day Analysis
While it is clear the trade was unable keep the Swiss down at its late July and early August lows last week,
JPY Mid-day Analysis
Apparently the sharp range up effort last week was rejected soundly and some of the flight to qualityinterest in the Yen has waned.
USD Mid-day Analysis
The Dollar has regained some footing off news of softer Chinese commodity imports in July and
CAD Mid-day Analysis
Disappointing Canadian jobs figures last week combined with positive economic evidence from
GBP Mid-day Analysis
The slow grind lower in the Pound looks to extend in the wake of positive US economic readings fromlast week and
FX Daily Majors
Today’s highlights: USDCAD stays biased directly higher to challenge 1.1027/54 next. Above here would open up a move to retest the 1.1280 March high.
