Daily Look

The single currency taking a bit of a beating early on, which has seen nearly one big figure taken off EURUSD. ECB Governing Council member Coeure has said that the …

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EURUSD Daily Pivots R3 1.1559 R2 1.1505 R1 1.1408 Pivot 1.1351 S1 1.1257 S2 1.1200 S3 1.1106 EURUSD (1.1303): EURUSD formed a bearish engulfing candlestick yesterday on the daily charts …

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The car crash that represents FX developments in Q2 looks set to continue, with price action in EURUSD the most pertinent representation of how the price action in FX over …

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EURUSD Daily Pivots R3 1.1558 R2 1.1501 R1 1.1454 Pivot 1.1395 S1 1.1349 S2 1.1291 S3 1.1245   EURUSD (1.1407): EURUSD is trading in a range this morning after making …

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Thursday proved to be a steadier day for FX. The main standout was sterling where the push higher that was instigated in the wake of last week’s election results continued, …

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So, once again the grand plan for the year (dollar strength) is close to tatters. This has strong echoes of last year, although at least things went to plan for …

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EURUSD Daily Pivots R3 1.1602 R2 1.1492 R1 1.1421 Pivot 1.1311 S1 1.1242 S2 1.113 S3 1.061   EURUSD saw a bullish day yesterday as noted in yesterday’s analysis, identified …

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This morning eyes will be on the first release of UK unemployment data since the decisive General Election result, with the headline rate due to decline from 5.6% to 5.5%. …

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EURUSD Daily Pivots R3 1.1426 R2 1.1351 R1 1.1282 Pivot 1.1207 S1 1.1136 S2 1.1062 S3 1.0992   EURUSD has formed a bullish engulfing on the open/close on the daily …

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Greece met its latest IMF repayment deadline as the country continues to stand firm against the Eurogroup. The euro has also held its ground against the dollar with EURUSD ticking …

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