Tag Archives: Crude Oil
FX Daily
Market movers today • Focus continues to be on the emerging market sell-off and the possibility of US military intervention in Syria.
EM currencies remains much exposed
EUR/USD: After lackluster trading yesterday, directional hints aren’t exactly amassing. The suggested near-term bearish wave count is one possibility but
FX Daily
Market movers today • German Ifo (10:00 CET) is expected to show a further increase from 106.2 to 106.7 (consensus 106.9), mirroring the improvement we saw in German Flash PMI.
NOK sellers soon ought to come back to market
EUR/USD: The dollar failed to hold on to inter-week gains into the close last week. This added a higher low and a higher high in this weekly perspective.
FX Daily
Market movers today • Focus this week will continue to be on US bond markets and the emerging markets (EM) turmoil.
Weekly Economic & Financial Commentary
U.S. Review Signals of Stronger Growth and Fed Tapering • Existing home sales rose more than expected in July,
NOK is depressed but deserves a breather anyway
EUR/USD: Yesterday’s attempt lower was responded to in the expected support area. Players face a recent both-sides rejection when they come in today and the outcome is obscured.
Daily FX Volume and Technical Strategy: A healthy formula for USD/CAD
The bullish signs noted in EUR/CAD earlier this week paved the way for USD/CAD to break through month-long range highs near1.0450.
The dollar regains the upper hand again
EUR/USD: The fresh high (neutralizing the medium-term wave count) looks weak with a bearish candle yesterday topping the price/momentum “pre-divergence”.
FX Daily
Market movers today • Main focus will be the manufacturing and service PMIs for Germany, France and the euro area as a whole.
EUR/USD over 1.3418 changes outlook to neutral
EUR/USD: Yesterday’s rather decisive move through a medium-term key 1.3418 ref forces an earlier best fit wave structure from bearish to neutral/short-term bullish.