Daily Look

The single currency opened around 50 pips lower this morning on the back of yet another Greek deadline not being a deadline after all. Furthermore, EURUSD regained most of that …

Read More

EURUSD Daily Pivots R3 1.142 R2 1.1317 R1 1.1234 Pivot 1.1131 S1 1.1048 S2 1.0945 S3 1.0862   EURUSD (1.113): EURUSD formed a bullish engulfing on Friday’s close and it …

Read More

The Canadian dollar suffered a beating due to various reasons and awaits employment number (see how trade them here). Next week, we have the decision of the Bank of Canada. The …

Read More

As Greece tables its final offer ahead of this weekend’s summit that will end in either a third bailout or the economic catastrophe for the country the markets are optimistic …

Read More

EURUSD Daily Pivots R3 1.1242 R2 1.1183 R1 1.1109 Pivot 1.1049 S1 1.1097 S2 1.091 S3 1.0841 EURUSD (1.11): EURUSD remains range bound from the highs and lows off June …

Read More

Dollar/CAD is trading on high ground, at the 1.27 handle. It still hasn’t tackled the cycle high of 1.2834. The team at Nomura foresees a pullback in their technical analysis: …

Read More

Risk assets have stabilized with even Chinese stocks staging a strong bounce as regulators impose short selling restrictions and take other measures to prevent further carnage of their equity market. …

Read More

EURUSD Daily Pivots R3 1.1238 R2 1.1164 R1 1.112 Pivot 1.1046 S1 1.1001 S2 1.0927 S3 1.0882 EURUSD (1.107): EURUSD saw an up day yesterday with prices testing 1.097 lows …

Read More

It looks like Greece has finally been given an ultimatum by its creditors in a last ditch attempt to save the country from leaving the Eurozone. A deal must be …

Read More

Capital controls are unlikely to be lifted for some time unless a deal can be agreed upon in the next day or so. The ECB has tightened up collateral rules …

Read More