Tag Archives: USD/CAD
Technical Alert
EUR/USD below 1.2772 would argue for fresh lows. A medium-term key ref is located at 1.2661, GBP/USD is thought to drop to and below a short-term key ref located at 1.5026.
USD/CAD Technical Analysis
(1,0147) The USD/CAD confirmed a weak closing below 1,0150 suggesting further downside risk toward our next s/t target at 1,0091.
USDCAD has slipped to important support zone
This “consolidation” in USDCAD from its 1.0300+ highs has been going on for a month now – it’s nearing the final near term zone of support here ahead of this week’s key events.
USD/CAD Technical Analysis
(1,0152) The USD/CAD is consolidating since last week above 1,0145, failing yet to confirm our s/t target. The weekly closing was negative as well as the monthly one where it formed a negative month reversal.
Daily FX Technical Strategy: USD/JPY crosswinds
Risk sentiment has deteriorated steadily since the headlines around Cyprus first appeared. This is seen in the form of a bid in major rates markets, not just in Germany, but also in the US.
FX Daily Majors
Today’s highlights: – USDJPY: Back challenging the 93.39 medium-term trendline and chart support level. A break below here is needed to see further downside risk to 92.15 initially.
USD/CAD Technical Analysis
(1,0172) The USD/CAD formed a small positive day reversal but only a daily closing above 1,0197 will confirm a s/t bottom!
Daily FX Technical Strategy: Warning signs for the EUR
The recent flight out of major European equity indices into rates markets warns of increased risk aversion within the eurozone.
USD/CAD Analysis
The CAD pared back losses against the USD on Wednesday after official data showed that Canadian consumer prices rose more-than-forecast last month.
Daily FX Technical Strategy: CAD and NOK recharged
A rebound in energy prices – both WTI crude and natural gas – is likely catalysing the near-term strength in the CAD and NOK.
Technical Alert
The euro-tilt remains bearish… EUR/USD looks set to print fresh lows at least as long as holding below 1.2920,
FX Daily Majors
Today’s highlights: – USDJPY: Rebounding from the 93.35/45 support zone. Above immediate resistance at 94.96/95.00 allows the advance to continue higher for 96.14 minimally.