Tag Archives: USD/CAD

Daily FX Update

Oil markets remain the core focus, and with fresh lows hit in both Brent and WTI,

EUR/USD is bouncing. However, as long as the hourly resistances at 1.1897 and

NOK is set to gain against SEK, which should do well against GBP.

Today’s highlights: USDCAD remains in a solid uptrend for 1.2000 next, then the 78.6% retracement barrier at 1.2280.

The dollar stays in demand… EUR/USD outside 1.1762-1.1871 tells direction…

Brent oil falling to fresh lows of $48.47 and the spread between Brent and WTI narrows to just $1.5;

EUR/USD bounced on Friday. Hourly resistances can be found at 1.1897 and 1.1976.

Although the Swiss National Bank (SNB) has announced it will impose negative rates on

Markets are anticipating a reasonably strong nonfarm payroll release of 240k,

EUR/USD has broken its support at 1.1877 (07/06/2010 low),

Oil prices are low, with WTI at $49 and Brent at $51; however today is the first day

EUR/USD has broken its support at 1.1877 (07/06/2010 low),