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Daily Look

Daily Look

Greek debacle

June 12, 2015 - by - Leave a Comment

Markets seem relatively sanguine as we end the week which has seen no progress in respect to the Greek debacle and today was supposed to mark the second repayment to …

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Daily Look

Candlestick Buy Signal at Range Support – AUDCAD Daily

June 11, 2015 - by - Leave a Comment

The AUDCAD just finished completing another cycle of the daily range here as bears pushed price from the range resistance to the range support. The market has given some clear …

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Daily Look

RBNZ cuts rates again

June 11, 2015 - by - Leave a Comment

Not for the first time this year a central bank down under has surprised by cutting rates, this time the Reserve Bank of New Zealand. Most in the markets were …

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Daily Look

Kuroda ends BOJ easing?

June 10, 2015 - by - Leave a Comment

Overnight RBA Governor Glenn Stevens gave a speech where he once again took a very dovish stance and even hinted at further rate cuts in the months ahead, despite in …

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Daily Look

EURUSD, GBPUSD, USDJPY Pivot Points, TA – June 9 2015

June 9, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.159 R2 1.1448 R1 1.1368 Pivot 1.1225 S1 1.1146 S2 1.1003 S3 1.0923   EURUSD (1.1099): EURUSD saw a rather choppy trading session yesterday but prices …

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Daily Look

Crunch time for Greece

June 9, 2015 - by - Leave a Comment

The dollar pulled back yesterday after the jump on Friday following the impressive headline nonfarm payroll figure and US treasury yields have retraced from their highs. This has allowed the …

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Daily Look

Greece nears default June 8 2015

June 8, 2015 - by - Leave a Comment

Overnight Japanese GDP data has surpassed expectations and given the Yen a small boost bringing USDJPY back towards the 125.00 level after it burst through last Friday on the back …

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Daily Look

Sterling Swings on Uncertain European Recovery

June 5, 2015 - by - Leave a Comment

It has been a very volatile week for Sterling, which has remained on the back foot despite the relatively optimistic public sentiment surrounding the Pound. We saw the Purchasing Managers’ …

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Daily Look

EURUSD, USDJPY, GBPUSD TA, Pivot Points – June 5 2015

June 5, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1493 R2 1.1435 R1 1.1335 Pivot 1.1277 S1 1.1177 S2 1.1121 S3 1.102   EURUSD (1.1218): EURUSD saw a rejection candlestick near 1.12845 on the daily …

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Daily Look

All eyes on the NFP release

June 5, 2015 - by - Leave a Comment

The US employment report dominates the landscape today. We pointed out earlier in the week that the dollar’s correlation to data surprises had increased for most of the past few …

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