Tag Archives: USD/CAD
FX Daily Majors
Today’s highlights: – EURUSD: 1.2885/2 support holds for a fourth time. Despite this the market remains capped by 1.3024 and therefore within a downtrend. We see risk through 1.2885/68 to 1.2740.
Technical Analysis
Actually not much to report with most markets remaining sidelined. EURUSD an unexpected bounce but still seen as a corrective one, EURGBP this morning slipping out of the bear flag, USDJPY ending a volitile day in the middle of its range,
FX Daily Majors
Today’s highlights: – EURUSD: Decline lower persists for now, with the market threatening a top through 1.2863/35/03. We expect this support cluster to be targeted today. Below sees 1.2740.
Technical Analysis
EURUSD slowly but steadily eroding support and we still watch the 1.2883/93 support with great interest. USDJPY another QE and this time halflife….
FX Daily Majors
Today’s highlights: – EURUSD: Range-bound for now, between 1.2803 support and resistance at 1.3140. Friday’s doji reversal warns of a rebound higher within this range back to 1.3024.
FX Daily Majors
Today’s highlights: – EURUSD: The focus remains lower within the current range, with risk to 1.2885/60 support zone, where we look for buying interest to emerge.
FX Daily Majors
Today’s highlights: – EURUSD: Support minimally found at 1.2920, however, the risk is for a test of the 1.2891/85 support zone still, where we envisage renewed buying interest for back to 1.3140/72.
FX Daily Majors
Today’s highlights: – EURUSD: Reversal lower from 1.3084 results in a minor top through 1.3011/12 support. The focus is now on 1.2891/85 chart/trendline support.
FX Technical Volume Strategy: Volume spike warns of a USD/CAD top
– Volumes picked up on Tuesday to reach median levels for the past year. – USD/CAD failed to sustain a move to new highs and the resulting Doji candle along with the highest volume seen so far in H2 suggests that investors were selling into the uptick. Risk is that a top is being formed […]
Americas FX Daily
USDJPY holds below 80 What happened overnight – Spanish GDP contracts 0.4%qoq in Q3 – Singapore inflation surprised to the upside – We expect an unchanged BoC, with a slightly less hawkish statement
Daily FX Technical Strategy: Aussie offered
While US equities showed signs of stability on Monday, closing marginally higher on the day, hard assets such as base metals continue to lose ground.
Asia Today: USDJPY still edging higher with one week to BOJ meet
It was a paint-drying session in Asia with a barren data slate and tight overnight ranges providing little incentive to trade.