Tag Archives: USD/CAD
FX Daily Majors
Today’s highlights: USDCAD remains under downside pressure, targeting May’s low at 1.0813 next, with scope for 1.0738/31.
Daily Technical Report
EUR/USD has breached the strong support at1.3643 (see also the 200 day moving average),but has thus far failed to hold below it.
EUR/USD over 1.3675 would target 1.3730 before down
EUR/USD: Over 1.3675 targets 1.3730 before down. There is an ongoing attempt to recover partial losses. A move over the 8day “Tenkan-Sen” (1.3675) would target 1.3730\34 before down again.
UBS Morning Adviser
CNH implied forward yield has been rising in spite of ample onshore liquidity In recent weeks the USDCNH forward curve has been climbing steadily;
Daily FX Update
Today is a US and UK holiday leaving liquidity light and opening the potential of some awkward chart patters; particularly once Europe closes, leaving Canada as the sole open market.
Daily Technical Report
EUR/USD has breached the strong support at1.3643 (see also the 200 day moving average),suggesting persistent short-term sellingpressures.
Weekly Economic & Financial Commentary
U.S. Review As Good as It Gets. As Good as Can Be Expected. • April’s housing data showed some modest improvement but
Daily FX Update
Entering a UK and US long weekend markets are relatively quiet, with the USD stronger, equities flat and the U.S. 10-year at 2.55%.
Nomura: The Great Moderation Of 2014: What’s Now For Volatility?
The macro environment over the past three to four months has been characterised by a decline in realised and implied volatility to very low levels across a range of products (from FX to equity volatility).
Daily Technical Report
EUR/USD is challenging again the strongsupport at 1.3643 (see also the 200 day movingaverage). A break of the resistance at 1.3734(19/05/2014 high) is needed to
FX Daily Majors
Today’s highlights: EURUSD spotlight remains firmly on its 200-day average at 1.3636/35, below which would add weight to thoughts of a larger top.
Positive $ index break. EUR/PLN fell out of bed
EUR/USD: With a still persisting hourly RSI divergence, the price outside the 55d ma Bollinger and with the still firm 1.3635 support we cannot but read the setup as supportive to the 1.3730 bounce suggested yesterday.