Tag Archives: USD/CAD
Daily Technical Report
EUR/USD has broken the support at 1.3692,validating a short-term double-top with animplied target at 1.3611. Monitor the hourlysupport at 1.3657 (see also 38.2% retracement).
FX Daily Majors
Today’s highlights: AUDUSD again rejects key resistance at .9078/87, but below .8907 is needed for a top.
All together now
Repeat after me: 10-year rates will rise and the dollar will advance in 2014. That seems to be the near unanimous chorus from Bloomberg analysts judging by the forecasts on FXFC <GO> and ECFC <GO>, respectively.
€ takes a beating. USD/CAD higher. AUD/NZD down.
EUR/USD: With the break of 1.3708 the triangle scenario was abortedcalling for a slightly premature peak to have been set. Thefollowing violation of 1.3684 has further enhanced theprobability of a top been put in place.
UBS Morning Adviser
Capex Cliff Approaches Confirmation arrived overnight that Australian miners expect to cut
Daily FX Update
Markets are relatively quiet leading into the NA open and particularly so in FX markets where outside of the Chinese CNY and the Ukrainian UAH, most currency are trading comfortably within recent ranges.
US Morning Update
Most markets were very quiet once again during the London morning, with month-end upon us. Poor investor returns in February have kept the desire to put new trades on very limited this week.
Daily Technical Report
EUR/USD continues to move sidewaysbetween the support at 1.3692 and theresistance at 1.3773. The current mild correctionin prices (less than 38.2% retracement) and
UBS Morning Adviser
As EM ‘carry unwinds continue’, G10 stays put Many of the Emerging Market corrections we have seen in recent weeks have been put
Daily FX Update
Markets have been relatively quiet and range bound through the Asian and European sessions as news flow has been subdued. USDCNY continues to grab headlines as it rallied for a third session and
US Morning Update
Price action in equities and USTs during the Asian and London morning sessions suggest ‘risk off’. We suspect participants have been watching moves in CNY closely.
Daily Technical Report
EUR/USD is moving sideways between thesupport at 1.3692 and the resistance at 1.3773. The current mild correction in prices (less than38.2% retracement) favours a short-term bullishbias.