Tag Archives: USD/CAD
UBS Morning Adviser
Focus Sharpens on Portfolio Flows Foreign investors were net buyers of Japanese stocks last week,
USDCAD – above 1.1042 clears path to 1.1080…then range highs at 1.12
Still long based on the 4/10 bullish reversal. Prices have entered the key resistance zone and are threatening a key pivot at 1.1042. The 1.1080 level is the top end of the range and
Daily FX Update
Australia’s softer inflation data, the euro area’s bal-ance of stronger preliminary PMI’s and concerns over a failed Russian bond auction have driven movement in AUD (weakness),
Daily Technical Report
EUR/USD bounced yesterday near the supportat 1.3780. However, bullish rally is weak. Anhourly support is at 1.3780 (22/04/2014 low, seealso the low of the declining channel).
FX Daily Majors
Today’s highlights: AUDUSD has fallen sharply overnight and we continue to look for a topping process following the move to our .9410/.9510 target.
UBS Morning Adviser
Is NZD going down the AUD route already with its China exposure? Much has been made of the RBA’s China focus over the last few years.
Daily FX Update
The USD is generally weaker leading into the NA session; however news flow has been light and markets are generally trading with recent ranges.
FX Daily Majors
Today’s highlights: GBPUSD holds in a high level range just below 1.6822/43. However, we stay bullish for a break higher to 1.6875, then the 1.7044 peak.
Daily Technical Report
EUR/USD has thus far unable to catch a properbid the mid-term uptrend defines. Therefore, inthe short term is moving within a falling channel. An hourly support is at 1.3780 (09/04/2014 low,see also the low of the declining channel).
UBS Morning Adviser
Rates are helpful in places, not as hurtful in others As bumpy as the road may be, there is a realisation that the majority of G10 economies are well on the mend.
Daily FX Update
A quiet start to a busy week that will see 150 of the S&P companies reporting earnings, global PMIs, inflation data from Australia, the RBNZ rate announcement and ongoing risk stemming from Ukraine.