Tag Archives: USD/CAD

FX Daily Majors

Today’s highlights: DXY $ Index below 86.10 can maintain a top for

EUR/USD’s bounce is losing momentum nearthe hourly resistance at 1.2816.

EURUSD: The pair initially continued up to 1.2791 before stalling andreversing the gains made.

EUR/USD has broken the hourly resistance areabetween 1.2699 (02/10/2014 high) and

Today’s highlights: DXY $ Index below 85.45 has completed a small top,

Today’s Canadian housing price data will likely disappoint CAD bears once again.

EURUSD: It certainly looks like that the (for some time) sought upwardcorrection now finally is getting traction.

So far the bearish reversal from 1.1270 is holding and can promote a still deeper decline.

The collapse in the U.S. 10‐year yield back to 2.34% (within range of the year‐to‐date low of 2.30%) and

Today’s highlights: EURUSD above 1.2689/99 can see the formation of

EUR/USD: traded back above the pre-NFP levels early on the back of the broad-based dollar correction.

Into the North American open, the USD is strong, equities are weak and yields are lower in the U.S. but higher across Europe.