Tag Archives: USD/CAD
Daily FX Update
Soft services PMI in China and Europe have done little to deter risk taking, as equity markets are strong and the U.S. 10‐year yield sits just below 2.5%.
Daily Technical Report
EUR/USD is bouncing within its underlyingdowntrend. Monitor the hourly resistance at1.3444 (28/07/2014 high).
FX Daily Majors
Today’s highlights: EURUSD is still vulnerable to further corrective strength, but we ideally look for “neckline” resistance at 1.3503/13 to cap.
FX Daily Majors
Today’s highlights: EURUSD has found a near-term floor at the 50% retracement barrier at 1.3374,
Daily Technical Report
EUR/USD is bouncing within its underlyingdowntrend. Hourly resistances can be found at1.3444 (28/07/2014 high) and
USDCAD – triple RSI divergence implies wave-(4) pullback to 1.0850’
The only sign of a pullback in $CAD is the triple RSI divergence on the hourly chart; this divergence has surfaced right at
Weekly Economic & Financial Commentary
U.S. Review Growth Returns to a Solid Footing • The economy expanded at a 4 percent pace in the second quarter of the year,
Daily FX Update
Currencies are diverging as we approach the NA session, a break from the trend of broad-based USD strength that we have observed throughout the week.
Daily Technical Report
EUR/USD is in an underlying downtrend.However, the last two days have displayed largelower shadows,
Daily Technical Report
EUR/USD is in an underlying downtrend.However, monitor the support at 1.3367 impliedby yesterday’s intraday bullish reversal (hammerformation).
FX Daily Majors
Today’s highlights: DXY $ Index above 81.38/48 sees a base established, for 83.40/48.
The Global Macro Pulse
EURUSD rose to 1.3399 from its overnight lows around 1.337, while USDJPY is at 102.77 after trading as high as 103.09.