Tag Archives: USD/CAD

Daily Technical Report

EUR/USD has broken the strong support at1.3296. The short-term technical structure isnegative as long as prices remain below thehourly resistance at 1.3336 (12/08/2014 low).

The Global Macro Pulse

The USD drifted weaker in pre-Jackson Hole profit taking. AUDUSD has risen to 0.9313,

€/$ – support held. NOK/SEK – making way north

EURUSD: After initially dropping down to 1.3242 the sellers run out ofsteam and was soon, as warned of, replaced by shortcovering.

FX Daily Majors

Today’s highlights: EURUSD has achieved our 1.3248/28 initial target. Although this should be allowed to hold at first, we stay bearish for 1.3020/15.

Daily FX Update

The market is rapidly switching gears from focusing on a hawkish set of FOMC minutes to a potentially dovish sounding Chair Yellen.

EUR/USD continues to decline as can be seenby the break of the strong support at 1.3296. Theshort-term technical structure is negative as longas prices remain below the hourly resistance at1.3336 (12/08/2014 low).

Daily FX Update

Markets are cautious leading into the release of the Fed minutes; with equities resting after the NASDAQ rallied to a fresh decade long high,

FX Daily Majors

Today’s highlights: GBPUSD has confirmed a large top below 1.6677, and we stay bearish for 1.6523, and eventually 1.6283/52.

Daily Technical Report

EUR/USD has broken its support at 1.3333 andis now challenging the strong support at 1.3296.

The dollar hold the upper hand & US stock take a lead over bonds

EUR/USD targets 1.3295 next and then 1.3240… USD/JPY targets 103.34 next…

FX Daily: Less to fear from the loon

CAD has been the second worst-performing major currency (after ZAR) since markets began to

Daily FX Update

Today’s trading pattern is carrying over the broader themes from August; leading into the open equities are higher,