Daily Look

Crude oil has turned up in September after the price broke out of the triangle placed in wave (b), so final wave (c) with wave 4 pullback reached a 50.50 …

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Trudeau’s elections as Canadian PM weighed on the loonie and also the euro remains pressured. The focus now shifts to the US housing data which is followed by the Fed. …

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The year so far has been something of a wild ride on FX, certainly comparing the volatility of 2014 with that seen this year. The fact that money markets have, …

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While movements on both major pairs are not that huge, the interesting technical patterns promise further action later ahead. Here is the view from Nomura: Here is their view, courtesy …

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The world’s second largest economy released Goldilocks numbers that raise many eyebrows. This keeps the Aussie in line. Today’s next important events are Fed speeches which could give the dollar …

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The dollar weakness story took a bit of a breather towards the end of last week, brining EURUSD off from the highs just below the 1.15 area, whilst cable has …

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In today’s Forex Forecast, we discuss the outlook for EUR/USD, USD/JPY and Gold prices, with Richard Perry, Market Analyst at Hantec Markets. EUR/USD: Shifting Fed rate hike expectations, and the …

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The US dollar has enjoyed a comeback against some currencies with the euro standing out in its weakness. This hasn’t been shared across the board and now we await fresh …

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A decline from 125.82 occurs in three waves and three minor sub waves in A, so we think that the pair is in a big downward corrective retracement. Ideally, that …

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Since the multi-month run higher in the dollar ended in March of this year, the single currency has always struggled to pull off a sustained move above the 1.15 level …

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