Tag Archives: Crude Oil

FX Daily

Focus is likely to be on comments from the Jackson Hole Central Bank conference.Especially Draghi’s dovish ones are likely to be in focus.

Initial resistance remains noted in the $94.22-45 region to start the new week with

U.S. Review What Was That Noise? • Since Chair Yellen’s comment a few weeks ago that recent price jumps were “noisy,

EURUSD: After initially dropping down to 1.3242 the sellers run out ofsteam and was soon, as warned of, replaced by shortcovering.

Focus will be on Janet Yellen’s speech in Jackson Hole at 16:00 CET. Yellenspeaks on the subject of the labour market

The aggressive bounce from fresh 6 month lows combined with O/S daily studies and

EURUSD: The passage of 1.3295 (Nov 2013 low) paved the way forlower prices and the pair soon arrived at 1.3250,

Today’s Flash PMIs in Germany, France and the euro area will give more cluesabout the slowdown in the euro area.

Initial resistance remains $93.69-94.37 region with bulls needing a close above $94.37 to

EUR/USD targets 1.3295 next and then 1.3240… USD/JPY targets 103.34 next…

Developments in the Ukraine crisis remain the main market mover and it seemsno news is good news,

Initial resistance is noted in the $93.42-94.37 region with bulls needing a close above $94.37 to