Tag Archives: USD/CAD
Daily Technical Report
EUR/USD is holding the low implied byWednesday’s hammer. Coupled with theproximity of the key support at 1.3296, a shorttermrebound is likely.
FX Daily Majors
Today’s highlights: USDJPY risk is seen lower towards 101.32, followed by 101.09/07.
The Global Macro Pulse
In FX, flows into safe haven drove USDJPY to a low of 101.60 before rebounding 101.80.
AUD/JPY and NOK/SEK in focus
EURUSD: Yesterday’s attempt to kick off an upside correction stalledalready just below the first resistance, 1.3399.
Daily FX Update
Markets are relatively quiet leading into the ECB decision and press conference; however there remains an overall bias for USD strength.
Daily Technical Report
EUR/USD made a bullish intraday reversalyesterday (hammer). Coupled with the proximityof the key support at 1.3296,
FX Daily Majors
Today’s highlights: USDJPY ideally holds above price support at 101.78/70 to keep the immediate risk higher.
Dollar correction. AUD heading for a downside break
EURUSD: Yesterday’s spring bottom (false downside break) certainlyargues for having entered an upside correction phase.
Daily FX Update
Rising geopolitical risk, a dampened outlook for Europe, strong data from the U.S. and building expectations for
Daily Technical Report
EUR/USD has failed to break the hourlyresistance at 1.3444 (28/07/2014 high). Thesubsequent new (marginal) lows confirm anunderlying downtrend.
FX Daily Majors
Today’s highlights: NZDUSD has broken below key support at .8458/43 and we stay bearish for a challenge of .8402. Below here would complete a larger top towards .8259/42.
EUR & CAD are week, USD feeds on those and many other currencies
EURUSD: Now targeting 1.3324/295. The euro is back on its losing streak as the chance of correction