Tag Archives: USD/CAD
Daily FX Update
An improvement in broader market sentiment — reflecting a moderation in market participants’ concern over Thursday’s events in Ukraine and Israel
FX Daily Majors
Today’s highlights: EURUSD spotlight remains on support at 1.3513/03. We favour an eventual break below here and 1.3477 to complete a large bear “wedge”.
Daily Technical Report
EUR/USD is close to the key support at 1.3503(see also the long-term rising trendline from theJuly 2012 low).
The Global Macro Pulse
The dollar has given up some of its initial gains against the AUD and EUR and recovered slightly against the JPY in the wake of the MH17 airline tragedy.
Daily FX Update
A focus on the escalation of sanctions against Russia is weighing on broader market sentiment, providing for an outperfor-mance in JPY and
Daily Technical Report
EUR/USD declined further yesterday. Prices arenow close to the key support at 1.3503 (see alsothe long-term rising trendline from the July 2012low).
EURUSD & EURJPY extends the decline. NOKSEK breaks 1.1045
EUR/USD tests the 1.3526/1.3503 support zone. The yearly low at 1.3477 is a medium-term key ref to keep in mind.
Daily FX Update
The USD is strong after Chair Yellen suggested that the time line for interest rates could be different than what is currently priced in if there is a better than
Daily Technical Report
EUR/USD has broken the support at 1.3576,confirming a bearish bias. A further short-termdecline towards the key support at 1.3503 islikely.
Daily FX Update
The USD is strong (except against GBP) leading into to Chair Yellen’s semi‐annual testimony but market moves have generally been limited.
Daily Technical Report
EUR/USD rose yesterday but failed to holdmost of its gains at the end of the session. Abearish bias is favoured as long as prices remainbelow the resistance at 1.3664 (03/07/2014 high).
FX Daily Majors
Today’s highlights: GBPUSD’s break of key near-term support at 1.7095/85 sets a minor top, which should allow a deeper setback to 1.7008/1.6998.