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Daily Look

EUR/USD, GBP/USD, USD/JPY Pivot Point, TA – Mar. 3 2015

March 3, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1309 R2 1.1274 R1 1.1228 Pivot 1.1194 S1 1.1148 S2 1.1113 S3 1.1067   EURUSD rallied to reach its target of 1.1233 as noted yesterday after …

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Daily Look

US dollar ticks higher

March 3, 2015 - by - Leave a Comment

Despite there being some mixed manufacturing data from the US yesterday, the dollar ticked higher taking USDJPY back above the 120.00 level and the dollar index itself hit a fresh …

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Daily Look

EURUSD, GBPUSD, USDJPY Pivot Points, TA – Mar. 2 2015

March 2, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1301 R2 1.1273 R1 1.1232 Pivot 1.1203 S1 1.1163 S2 1.1134 S3 1.1093   EURUSD is currently looking to ease from its session lows of 1.1159 …

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Daily Look

Calm after the storm March 2 2015

March 2, 2015 - by - Leave a Comment

We start the new month, already the last of the first quarter of 2015, reflecting on what has been in many respects an extraordinary start to the year. It all …

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Daily Look

This week in the markets: Greek bailout reforms make

February 27, 2015 - by - Leave a Comment

Greek bailout reforms were approved by eurozone finance ministers last week, meaning Greece can now obtain a four-month extension to its bailout. The euro was initially buoyed by the news …

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Daily Look

Buy America

February 27, 2015 - by - Leave a Comment

The Almighty Dollar is looking almost unstoppable. As we go to pixels, the oft-maligned global reserve currency is trading near 11-year highs, driven upward in the belief that yesterday’s strong …

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Daily Look

EURUSD, USDJPY, GBPUSD Pivot Points, TA – Feb. 27 2015

February 27, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1519 R2 1.1449 R1 1.1323 Pivot 1.1252 S1 1.1126 S2 1.1056 S3 1.1093   EURUSD eventually broke out from the lower bound of the range at …

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Daily Look

Tensions subside

February 26, 2015 - by - Leave a Comment

With the dust having cleared from the Swiss franc move, the Greece situation having been resolved (at least for now) and twenty central banks having now eased policy so far …

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Daily Look

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – Feb. 25

February 25, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1438 R2 1.1397 R1 1.1368 Pivot 1.1328 S1 1.1299 S2 1.1258 S3 1.1229   While still staying within the range, EURUSD is starting to show signs …

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Daily Look

Yellen’s testimony weakened the dollar

February 25, 2015 - by - Leave a Comment

In the wake of Fed Chair Yellen’s testimony yesterday, the algo and machine readable news programs will be set to buy the dollar when the word “patient” is removed from …

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