Tag Archives: USD/CAD
Daily FX Update
Markets are digesting yesterday’s Fed statement, but sentiment into the NA open is negative.
Daily Technical Report
EUR/USD declined sharply yesterday. Thebreak of the support at 1.2614 calls for a test ofthe recent lows at 1.2501.
FX Daily Majors
Today’s highlights: DXY $ Index below 86.10 maintains the threat of further weakness.
Daily Technical Report
EUR/USD has breached the hourly resistance at1.2743, suggesting some increase in buyinginterest.
Daily FX Update
Oil prices have rallied off their lows, equities are firmer and the U.S. 10year has risen 2.28% as markets speculated about potential Chinese stimulus,
FX Daily Majors
Today’s highlights: DXY $ Index risk is only seen turning bullish again back above 86.00/10.
Daily Technical Report
EUR/USD is grinding higher towards the hourlyresistance at 1.2743. A break of this level isneeded to
Daily FX Update
Markets are mixed with signs of relief over the ECB stress tests; a negative domestic market reaction to
Daily Technical Report
EUR/USD needs to break the hourly resistanceat 1.2743 to alleviate concerns of a quick declinetowards the key support at 1.2501.
Weekly Market Outlook
Further gradual rise favoured in USD/CAD However, the change in BoC’s communication suggests that
