ECB President Mario Draghi maintained his reputation of moving markets without actually doing anything in the wake of yesterday’s ECB policy meeting. His openness towards further easing was the main …
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We see nice bounce from the recent 1830 level but a move to the upside can be temporary as we see a corrective personality on the lower time frames. An …
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Sentiment towards global equities has managed to rebound from yesterday’s price action, with S&P futures ebbing higher during the overnight session, telegraphing a stronger open that will look to claw …
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Cable is trading in high range, and still looking for a direction after the release of retail sales. What’s next? The team at Nomura analyze the charts and see a …
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EURUSD Daily Pivots R3 1.1409 R2 1.1392 R1 1.1365 Pivot 1.1349 S1 1.1322 S2 1.1306 S3 1.1279 EURUSD (1.13): EURUSD is trading flat for the past few sessions on the …
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For the past four sessions, EURUSD has been confined to the 1.13 handle throughout the trading sessions, another illustration of the falling volatility we’ve seen over the recent times. It …
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In today’s Forex Forecast, we note the technical outlook for EUR/USD, USD/JPY and the DXY with, Nicole Elliott, Technical Analyst and Private Investor. USD/JPY: Death cross Elliott takes a look …
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The Australian and New Zealand dollars are on the move and to the downside, with their respective commodities leading the way. The focus shifts to the third one: CAD. After …
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As I talked about yesterday, one of the factors that has been crushing FX volatility recently has been the removal of near-term rate move expectations, principally from the Fed, but …
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After the Canadian elections impacted CAD, we now have a more important event: the decision by the Bank of Canada. Here is a preview by Bank of America Merrill Lynch: Here …
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