Tag Archives: USD/CAD

Daily Technical Report

Trying to bounce near the support at 1.3692. EUR/USD has recently weakened. However, it remains supported by its rising channel

UBS Morning Adviser

US households cranking up the credit A steady stream of US data disappointments over the past 7 weeks has not been kind to the US dollar.

Daily FX Update

Markets are shifting and growing increasingly cautious as EM risk aversion builds, China’s and Europe’s PMIs disappoint, Japan reports a record trade deficit, the Fed highlights it is on track to taper by $10bn per meeting and

Global FX Strategy – The EUR is not “risky” anymore

EURUSD – Toward 1.40 In an environment of low volatility, the underlying driver for the EURUSD is still the relative flows.

Daily Technical Report

EUR/USD has broken the key resistance at1.3739, opening the way for a move towards theresistance at 1.3819. Hourly supports can befound at 1.3692 (see also the short-term risingchannel) and

FX Daily Majors

Today’s highlights: USDCAD has staged a very sharp recovery from support at 1.0907 as expected, and through 1.1125/40 should re-open a retest of 1.1225/34.

Sell CAD – buy JPY. Buy €/SEK on a 8.90/91 dip

EUR/USD: With an hourly three wave decline, 1.3774 – 1.3725, the pairis poised for making at least one more high before endingthe current phase.

UBS Morning Adviser

Will G20/IMF Push for Coordination? In its latest pre-G20 staff report, the IMF called upon developed economies to

Daily FX Wrap and Strategy

The NZD begins this morning unchanged from where it was24-hours ago, just above the 0.8300 level.The AUD and NZD staged promising rallies during ourevening,

USDCAD – above 1.0965 channel/pivot signals move to mid 1.12’s

We have been waiting for support to take hold above the 1.0925 Fibonacci retracement zone. This support level can mark the low for wave-(b) in a large sideways consolidation.

Daily FX Update

Markets are shifting to a more negative tone into the NA open with the USD gaining strength, equities pointing to a negative open and the US 10‐year dropping back to 2.68%.

Daily Technical Report

EUR/USD has broken the key resistance at1.3739, opening the way for a move towards theresistance at 1.3819. Hourly supports can befound at 1.3692 (intraday low) and