Forex Analysis

EUR/USD Analysis

The pair started in Asia at $1.2751 this morning after last night’s $1.2709 to $1.2765 range in the US.

The pair had another poor session in Asia Friday, despite being in heavily oversold territory

The pair opened at Y108.76 this morning and was under some early pressure amid some follow-through interest from

USD: bolstered by the Fed The US dollar continued to appreciate last week.

With EU officials promising the application of additional easing to cushion the Euro zone economy,

A fresh and massive downside extension overnight in the Swiss leaves long term downside targeting at 1.05.

The Yen has forged some fresh damage on its charts overnight and the currency looks poised to

The Dollar continues to rise off a lack of competition from abroad.

We didn’t even need to look at the Canadian chart this morning to know that it was under fresh

The Pound has seen a technical reversal and failure overnight on the charts and

Jokowi will be inaugurated as the new President of Indonesia next month,

We remain bullish on the USD over the next few weeks and favor expressing this view via long USDJPY positioning.