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Daily Look

EURUSD advances July 20 2015 – forecast

July 20, 2015 - by - Leave a Comment

For once, we start the week not worrying about Greece, or at least not as much as the previous three weekends. Still, there is the small issue of Greece having …

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Daily Look

USD/CAD: Where To Target Further Upside Or Correction S/T?

July 17, 2015 - by - Leave a Comment

The Canadian dollar was hit by the rate cut with USD/CAD stabilizing on higher ground. What are the technical targets for Dollar/CAD? The team at SocGen weighs in: Here is their …

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Daily Look

The ECB supports debt relief for Greece

July 17, 2015 - by - Leave a Comment

The ECB has backed the IMF’s call for Greece debt to be written down and they join a growing number of influential voices calling for the same forgiveness, including the …

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Daily Look

GBP/USD: Targeting The 76.4% Fibo Of Recent Down Move –

July 16, 2015 - by - Leave a Comment

Cable got a boost from hawkish comments but not all fundamentals point high. The team at SocGen focuses on the charts and examines the next moves: Here is their view, courtesy …

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Daily Look

Europe can breathe easier

July 16, 2015 - by - Leave a Comment

Both of the most likely central bank candidates for commencing monetary policy normalisation have this week been vocal about the increased chances of them raising interest rates soon. With the …

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Daily Look

4 Reasons to go Short EUR/JPY – Excellent Risk Reward

July 15, 2015 - by - Leave a Comment

Euro/yen has rocked on risk on/risk off sentiment. And now, the team at Morgan Stanley sees a big break lower from here. Here are 4 reasons for this: Here is their …

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Daily Look

All eyes on Canadian rate decision

July 15, 2015 - by - Leave a Comment

The raft of data released in China overnight surpassed expectations, with the main GDP number rising 7.0% YoY, steady vs. the first quarter and firmer than then 6.8% anticipated. The …

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Daily Look

Uncertainty continues across eurozone

July 14, 2015 - by - Leave a Comment

As far as the single currency was concerned, the celebrations were all too brief after the Greek deal yesterday. The lifting of the near-term uncertainty allowed stocks indices to gain …

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Daily Look

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – July 14

July 14, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1337 R2 1.1266 R1 1.1136 Pivot 1.1065 S1 1.0934 S2 1.0863 S3 1.0731   EURUSD (1.1): EURUSD struggled to break the resistance between 1.117 and 1.1135, …

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Daily Look

USD/CAD: A Perfect Setup For A Top? – Goldman Sachs

July 13, 2015 - by - Leave a Comment

Dollar/CAD reached higher last week, but never hit the cycle highs. Has the pair topped out? The team at Goldman explains with a chart: Here is their view, courtesy of eFXnews: …

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