Daily Look

The escalating Greek crisis has pushed the chances of a Greek exit of the euro-zone higher. And if we reach this situation, what are the implications? The team at Danske …

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Another day passes with no deal on Greece and investors are likely to want to position themselves for negotiations to go on into the weekend by reducing exposure to risk …

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Interesting technical patterns are evolving on both cable and euro/yen. Here is the view from SocGen: Here is their view, courtesy of eFXnews: GBP/USD broke above one year descending channel …

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EURUSD Daily Pivots R3 1.132 R2 1.1277 R1 1.124 Pivot 1.1196 S1 1.1158 S2 1.1115 S3 1.1078   EURUSD (1.120): EURUSD recovered some of its losses from earlier this week …

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Risk assets had their shine taken off them after investors were given a stark reminder that a deal is yet to be done and Greece’s proposals from last Sunday are …

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The dollar was given a boost yesterday after Fed voting member Jerome Powell spoke of his preference for a September rate hike by the FOMC and even two hikes this …

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The GBPUSD has been a strong bullish market this month, producing a very strong move higher without offering much in terms of correction. Price actually managed to break above a …

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EURUSD Daily Pivots R3 1.1494 R2 1.1451 R1 1.1396 Pivot 1.1353 S1 1.1297 S2 1.1254 S3 1.1198   EURUSD (1.126): EURUSD has turned bearish on the daily charts after Thursday’s …

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So Greece has finally presented the EU with reform proposals that were welcomed and there was a great deal of optimism as yesterday’s trading session saw a surge in risk …

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EURUSD Daily Pivots R3 1.151 R2 1.1456 R1 1.1401 Pivot 1.1347 S1 1.1292 S2 1.1238 S3 1.1184   EURUSD (1.138): EURUSD closed Friday with a near doji type of candlestick …

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