Tag Archives: USD/CAD
FX Daily Majors
Today’s highlights: USDCAD is consolidating gains, but we stay bullish for 1.1479, then our core medium-term target at 1.1666/1766.
Daily Technical Report
EUR/USD has broken the support implied byits rising channel, invalidating the uptrend inplace since February. The short-term technicalstructure is negative as long as prices remainbelow the resistance at 1.3845 (20/03/2014 high).
UBS Morning Adviser
Topped out at 1.40? The familiar drivers of euro strength seem to have met their match in
Daily FX Update
Markets continue to react to yesterday’s FOMC meeting with a strong USD, soft equities and the US 10‐year yield up to2.78%. The pulling forward of interest rate hike expectations to
Daily Technical Report
EUR/USD declined sharply yesterday,breaching the key support at 1.3834. However,the support implied by the rising channel(around 1.3804) is intact.
FX Daily Majors
Today’s highlights: USDCAD above key resistance at 1.1225/1234 completes a “triangle” continuation pattern, and we maintain our 1.1666/1766 core target.
Comeback for the greenback. More NOK losses seen.
EUR/USD: Once the 1.3879 support gave way the market acceleratedits decline and continued down to the 2011 top line beforehalted.
UBS Morning Adviser
Has liquidity preference in the CHF peaked? The SNB is expected to continue anchoring its policy firmly beyond today’s meeting,
USDCAD – breaking out of bullish range/triangle; 1.1194/1224 key
Ideally we were looking for a rally to 1.1155 (which unfolded quickly yesterday afternoon) and then one more pullback to complete the bull triangle.
Daily FX Update
Markets are relatively stable leading into today’s FOMC decision. The USD is broadly but immaterially stronger; equities are flat, the US 10‐year is stable at 2.67% and oil prices continue to hoverjust below $100.
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high).
FX Daily Majors
Today’s highlights: NZDUSD’s break above the medium-term “triangular” range at .8584/87 suggests a more important bull phase may be underway.