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Daily Look

Daily Look

Is EUR/CHF Correction Over But Down Channel Still Intact? 

June 15, 2021 - by - Leave a Comment

EUR/CHF is located at the 1.0899 level at the time of writing versus 1.0887, which denotes today’s low. The pair is struggling to recover after the last downside movement. EUR/CHF …

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Daily Look

USD/CHF Double Bottom Needs Confirmation

June 15, 2021 - by - Leave a Comment

USD/CHF has bounced back and now is located at 0.8994 level after the US Dollar Index (DXY) rallied on Friday. The DXY has managed to pass above the immediate high …

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Daily Look

CAD: Vulnerable To A Potential Renewed Deterioration In Risk Sentiment – Credit Agricole

May 28, 2021 - by - Leave a Comment

What is the outlook for CAD in the near-term? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses CAD outlook and adopts a cautious bias in the …

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Daily Look

USD/JPY: 108.57 And 109.75 Are The Key Levels To Watch – Credit Suisse

May 27, 2021 - by - Leave a Comment

What is the technical outlook for USD/JPY in the near-term? Here is their view, courtesy of eFXdata: Credit Suisse discusses USD/JPY technical outlook and adopts a neutral bias in the …

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Daily Look

USD: As The Curtain Falls On ‘Sell in May”, Risk-Taking Looking More Likely To Resume – Nomura

May 27, 2021 - by - Leave a Comment

What is the outlook for USD? Here is their view, courtesy of eFXdata: Nomura Research notes that speculators look ready to take risks again with global macro hedge funds increasingly selling …

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Daily Look

NZD: Not Expecting Any Particular Surprise From RBNZ; Staying Bullish NZD/USD For 0.75 – Citi

May 26, 2021 - by - Leave a Comment

What is the outlook for NZD/USD? Here is their view, courtesy of eFXdata: Citi discusses its expectations for today’s RBNZ policy meeting. “The RBNZ is expected to leave its monetary …

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Daily Look

GBP/USD: Staying Tactically Bullish Whilst Above 1.4095 Targeting 1.4377 – Credit Suisse

May 26, 2021 - by - Leave a Comment

What is the outlook for GBP/USD in the near-term? Here is their view, courtesy of eFXdata: Credit Suisse discusses GBP/USD technical outlook and highlights the importance of the 1.4095 level for …

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Daily Look

EUR/USD: Limited Upside Ahead Of ECB’s June Meeting – Credit Agricole

May 25, 2021 - by - Leave a Comment

What is the outlook for EUR in the near-term, with the ECB meeting in early June? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses its expectations …

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Daily Look

USD/CAD: Risk Stays Directly Lower Whilst Below 1.2188/1.2203 – Credit Suisse

May 25, 2021 - by - Leave a Comment

What is the outlook for USD/CAD in the short and medium terms? Here is their view, courtesy of eFXdata: Credit Suisse discusses USD/CAD technical outlook and adopts a tactical bearish bias. …

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Daily Look

USD: Downside Risk To Q2 Outlook, Upside Risks To H221 Outlook – Credit Agricole

May 24, 2021 - by - Leave a Comment

What is the outlook for USD in Q2 and in H2? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses the USD outlook and sees tactical downside …

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