Daily Look

The euro has held up very strongly in the face of mounting concerns that Greece will soon have to leave the Eurozone. The IMF have been very vocal in their …

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EURUSD Daily Pivots R3 1.1036 R2 1.0927 R1 1.0843 Pivot 1.0733 S1 1.065 S2 1.0539 S3 1.0457   EURUSD made a fresh weekly high towards 1.08 levels late yesterday. This …

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The big stand out from last night was the Aussie which has spiked on the back of a much unexpected decline in unemployment. AUDUSD is now back in the mid …

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“Despite the plethora of USD negative headlines and data in recent weeks – including the more dovish FOMC March meeting minutes and softer US payrolls, ISM and retail sales releases …

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Chinese GDP data overnight has fallen to its lowest level for six years and whilst it is in line with expectations a little risk aversion has set into the markets …

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EURUSD Daily Pivots R3 1.0905 R2 1.0806 R1 1.0729 Pivot 1.0630 S1 1.0553 S2 1.0454 S3 1.0377   EURUSD broke out from the falling median line and managed to rally …

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EURUSD Daily Pivots R3 1.0715 R2 1.0666 R1 1.0616 Pivot 1.0567 S1 1.0517 S2 1.0468 S3 1.0418   EURUSD was seen consolidating for the most part just below the triangle …

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After a quiet start to the week where the dollar just paused for breath, the single currency is coming under renewed pressure this morning, in particular against the Yen as …

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The economic calendar is very quiet today which gives us a chance to reflect on a week gone by that saw a recovery in dollar strength. It was sterling and …

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EURUSD Daily Pivots R3 1.0779 R2 1.0731 R1 1.0663 Pivot 1.0615 S1 1.0547 S2 1.0499 S3 1.04313   EURUSD continues it descent after the major support at 1.06344 was broken. …

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