Tag Archives: USD/CAD
Daily Technical Report
EUR/USD rose significantly yesterday.However, we continue to favour an eventualdecline towards the support at 1.3503 as long asprices remain below the resistance at 1.3664(03/07/2014 high).
USD/CAD Techincal Analysis
USD/CAD’s decline has so far taken it to a July low at 1.0622. It was made marginally above the 1.0621/1.0568 support zone from where it is currently bouncing back.
Daily FX Update
Markets are quiet with most currencies having gained or lost between +/‐0.1% since yesterday’s NA close.
Daily Technical Report
EUR/USD is bouncing. The hourly resistance at1.3621 has been breached. However, wecontinue to favour an eventual decline towards the support at
Daily FX Update
Markets are quiet leading into the NA session that will kick off earnings season with the release of Alcoa’s earnings.
FX Daily Majors
Today’s highlights: USDCAD has found renewed buying at support at 1.0612/00, and we continue to look for a base here.
Daily Technical Report
EUR/USD made a bullish intraday reversalyesterday, suggesting a potential short-termbounce. Hourly resistances stand at 1.3621(intraday high) and 1.3664 (03/07/2014 high).
Daily FX Update
Markets are relatively quiet leading into the week; equities are soft, two‐year yields are up to 0.51%, the USD is mixed but relatively quiet.
Daily Technical Report
EUR/USD has broken its short-term risingchannel after having stopped near the 38.2%retracement of its previous decline. A falltowards the support at 1.3503 is likely.
FX Daily Majors
Today’s highlights: EURUSD stays bearish for 1.3513/03, and ideally key support at 1.3487/77. Below here can confirm the expected large bear “wedge”.
FX Daily Majors
Today’s highlights: EURGBP should be allowed to hold .7913 at first, ahead of a move to our core medium-term target at .7800.
Daily FX Update
A U.S. holiday leaves expectations for the NA session as notably quiet. Yesterday’s strong employment release from