Latest Forex Research
EUR Mid-day Analysis
The Euro is entrenching in a downward motion on its charts and the flow of European scheduled data solidifies the bearish environment.
JPY Mid-day Analysis
Given the rise in uncertainty toward Europe, the prospect of more significant global equity market losses ahead and
USD Mid-day Analysis
The Dollar continues to hold the edge as fears of further slowing in Europe off the Russian sanctionshas combined with
CAD Mid-day Analysis
Like the Pound, the Canadian continues to suffer from deteriorating global economic prospects.
GBP Mid-day Analysis
A reversal of fortune on the charts, combines with discouraging UK Factory orders results overnight and
EUR/USD Analysis
While we and the market do not expect any change in policy, ECB President Mario Draghi is likely to
Daily Technical Report
EUR/USD has failed to break the hourlyresistance at 1.3444 (28/07/2014 high). Thesubsequent new (marginal) lows confirm anunderlying downtrend.
FX Daily Majors
Today’s highlights: NZDUSD has broken below key support at .8458/43 and we stay bearish for a challenge of .8402. Below here would complete a larger top towards .8259/42.
The Global Macro Pulse
G10 FX was more subdued, but AUDUSD and EURUSD drifted down to 0.9299 and 1.3369 respectively while
EUR & CAD are week, USD feeds on those and many other currencies
EURUSD: Now targeting 1.3324/295. The euro is back on its losing streak as the chance of correction