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Daily Look

Euro recovers

January 27, 2015 - by - Leave a Comment

In Greece, it was a case of Syriza came, they won, they formed a coalition and the Eurozone did not fall apart at the seams. This was most apparent on …

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Daily Look

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – Jan. 27

January 27, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1519 R2 1.1407 R1 1.1322 Pivot 1.121 S1 1.1125 S2 1.1013 S3 1.0928   EURUSD managed to close higher yesterday from the lows of 1.109. However …

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Daily Look

EURUSD, GBPUSD, USDJPY Pivot Points, TA – Jan. 26 2015

January 26, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.1609 R2 1.1491 R1 1.135 Pivot 1.1232 S1 1.1090 S2 1.0972 S3 1.0831   EURUSD dipped lower below 1.14 as noted in Friday’s analysis. With the …

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Daily Look

Syriza’s victory worries the troika

January 26, 2015 - by - Leave a Comment

When a currency starts reacting positively to bad news, it’s usually a sign that the sell-off is looking a little stretched. That seems to have been the case overnight as …

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Daily Look

Euro in tailspin; Volatility set to extend

January 25, 2015 - by - Leave a Comment

The big news this week in FX markets was unquestionably the European Central Bank’s (ECB) monetary policy announcement. At which ECB President Mario Draghi announced an expanded QE program. The …

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Daily Look

This week in the markets: ECB dominates the news

January 24, 2015 - by - Leave a Comment

Monday: An American Federal holiday on Monday to celebrate Martin Luther King day meant it was a quiet start to the week on the financial markets. Cable opened the week …

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Daily Look

ECB Aftershocks Pummel the Euro

January 23, 2015 - by - Leave a Comment

Resurging investor confidence abounds as global capital markets are on a solid footing as details regarding the much awaited announcement of the European Central Bank’s expanded asset purchase program were …

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Daily Look

ECB’s announcement weakens major currencies

January 23, 2015 - by - Leave a Comment

The dollar spiked to new multi year highs yesterday with every major suffering as the likes of the euro, sterling, Aussie and yen all declined. The move was driven primarily …

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Daily Look

EURUSD, GBPUSD, USDJPY Pivot Points, TA – Jan. 23 2015

January 23, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.191 R2 1.1781 R1 1.1573 Pivot 1.1444 S1 1.1235 S2 1.1107 S3 1.0898   EURUSD broke down from its short term support level at 1.149 and …

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Daily Look

Markets await ECB’s QE announcement

January 22, 2015 - by - Leave a Comment

We’ve had enough central bank surprises over the past week, thanks to the SNB last week and also by the Bank of Canada yesterday, so after supposed leaks regarding the …

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