Tag Archives: USD/CAD

$ remains in demand despite the severe stretch.

EURUSD: The upside correction attempt basically ended beforegetting started as selling ahead

Today’s end of week session is off to a relativelyquiet start; with the USD mixed as commodity currencies outperform;

EUR/USD is challenging the strong supportarea between 1.2755 and 1.2662.

The breakout above 1.1050 promoted the case from more upside.

The U.S. 10‐year is lower, back down to 2.55% and equities are flat but the USD is moving rapidly higher,

Today’s highlights: EURUSD has fallen to test our core target zone at 1.2787/55.

EUR/USD continues to decline and is nowtesting the strong support area between 1.2755and 1.2662.

Limited movement among most of the G10 curren-cies points to an ongoing assessment of the outlook for global growth and relative monetary policy,

Today’s highlights: EURGBP stages a bearish “outside day” to leave the spotlight on our core bear target zone at .7800/.7755.

EUR/USD made a big daily upper shadowyesterday, indicating persistent selling pressures.

EURUSD: The short term 8day ‘Tenkan-Sen’ and the weekly mid-body point just above 1.29 attracted responsive sellers yesterday,

The up channel, still intact, contains wave-(1) of what we expect to be a much larger uptrend towards 1.15.