Tag Archives: Crude Oil
The pound is weak going into BoE today
EUR/USD: A double 1.3207-1.3345 watch seems justified. The market went higher after a deeper test lower yesterday, but is again falling back from a fresh high
FX Daily
Market movers today Today’s ECB meeting will be interesting although a rate cut seems unlikely.
GBP & SEK both look weak & possibly CAD too
EUR/USD: Yesterday’s attempt above a recent 1.3296 high failed. The session close back down at opening levels has left a potentially bearish candle to consider.
FX Daily
Market movers today • All eyes will be on this evening’s FOMC statement. We do not expect any changes in policy but
The yearly AUD/USD low is exposed again
EUR/USD: Action was slow yesterday while tucking in ahead of U.S. data flow later in the week.
The dollar is under some pressure, especially against the yen
EUR/USD: The pair is held near the Jun-Jul 78.6% Fibo retracement ref at 1.3275 and as long as it’s not decisively broken we could be witnessing the creation of a larger bearish formation.
FX Daily
Market movers today • The calendar is thin today. The most interesting release is US pending home sales,
Sell cable. USD/SEK & USD/NOK soon higher again
EUR/USD: The bearish signs pointed at yesterday led to nothing more than a temporary setback to 1.3166 and
$ correction ending(?), OIL sinking, Scandies turn up
EUR/USD: Yesterday’s price action with yet another correctional high and another failure to attract any follow through buying is clearly a bearish sign.
Still like selling cable above 1.54, stronger JPY
EUR/USD: Yesterday’s dip down to 1.3164 sent two messages (peak to trough in an hourly chart became a clear three wave corrective pattern and
Seeking a cable short. Scandies close to a low point
EUR/USD: The market yesterday, for a short while, rose from its comfort zone to print the sought 1.3209+ high before again returning into the doldrums.