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Daily Look

Daily Look

Lockhart calls for a rate hike

August 5, 2015 - by - Leave a Comment

Sterling will continue to be a focus today ahead of the Bank of England’s big day tomorrow where for the first time they will announce interest rates and release the …

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Daily Look

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – August 4

August 4, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1036 R2 1.1015 R1 1.0982 Pivot 1.096 S1 1.0927 S2 1.0906 S3 1.0873   EURUSD (1.094): EURUSD is trading near the major support level zone of …

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Daily Look

Aussie jumps after strong retail sales release

August 4, 2015 - by - Leave a Comment

The Australian dollar has been one of the more heavily shorted currencies in recent months given that the Reserve Bank of Australia has consistently talked the Aussie down and the …

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Daily Look

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – August 3

August 3, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1283 R2 1.1197 R1 1.1089 Pivot 1.1005 S1 1.0897 S2 1.0811 S3 1.0703   EURUSD (1.097): EURUSD closed last week with a doji which comes after …

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Daily Look

All eyes on US manufacturing PMI

August 3, 2015 - by - Leave a Comment

A big week for markets on both sides of the Atlantic with the Bank of England’s all important day on Thursday where we see for the first time a hat …

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Daily Look

USDCAD awaiting growth data

July 31, 2015 - by - Leave a Comment

The last trading day of the month, which does bring risk of choppier than normal trading as institutional investors re-balance portfolios and funds adjust to fit around month end performance …

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Daily Look

Heading towards a rate increase

July 30, 2015 - by - Leave a Comment

The impression given by the Fed’s post meeting statement last night suggests a central bank inching towards a rate increase, with inching being the operative word here because the changes …

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Daily Look

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 30

July 30, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.117 R2 1.1127 R1 1.1054 Pivot 1.1010 S1 1.0937 S2 1.0893 S3 1.082   EURUSD (1.097): EURUSD posted a second straight day of losses as the …

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Daily Look

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 29

July 29, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1175 R2 1.1136 R1 1.1097 Pivot 1.1059 S1 1.102 S2 1.0981 S3 1.0942   EURUSD (1.107): After the break out from the falling price channel EURUSD …

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Daily Look

Fed tightening in September?

July 29, 2015 - by - Leave a Comment

The two-day FOMC meeting concludes today with the focus on the statement released at 18:00 GMT. There is no real anticipation that policy will be changed, but the focus will …

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