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Daily Look

Daily Look

USD/CAD Forecast Jan. 25-29 2021 – BoC holds the course

January 24, 2021 - by - Leave a Comment

USD/CAD showed some movement but ended the week unchanged from a week earlier. There are three events on the calendar in the upcoming week, including GDP. Here is an outlook …

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Daily Look

GBP: Our Call For BoE Rate Cut On Feb-4 Looks Less Likely Now – MUFG

January 21, 2021 - by - Leave a Comment

The BoE holds its next policy meeting in the first week of February. What can we expect from the BoE and how will this affect the British pound? Here is …

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Daily Look

USD: Does USD Weakness Has Legs? What’s The Trade? – Citi

January 21, 2021 - by - Leave a Comment

What is the outlook for the US dollar in the medium-term? Here is their view, courtesy of eFXdata: Citi discusses the USD outlook and maintains a bearish bias over the medium-term. …

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Daily Look

GBP: UK Data Disappointments This Week Could Increase The Risk Of Further BoE Easing – Credit Agricole

January 20, 2021 - by - Leave a Comment

What is the outlook for the British pound in the near-term? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research adopts a cautious bias on GBP in the near-term. …

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Daily Look

EUR/USD: What Is The Fair Value For EUR/USD Right Now? – Danske

January 20, 2021 - by - Leave a Comment

What is the outlook for EUR/USD? Here is their view, courtesy of eFXdata: Danske Research discusses EUR/USD outlook from the valuation front. “We view fair value for EUR/USD to be …

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Daily Look

GBP: UK Data Disappointments This Week Could Increase The Risk Of Further BoE Easing – Credit Agricole

January 20, 2021 - by - Leave a Comment

What is the outlook for the British pound in the near-term? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research adopts a cautious bias on GBP in the near-term. …

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Daily Look

EURJPY Has Incomplete Retracement- Elliott Wave

January 19, 2021 - by - Leave a Comment

–After a completed bullish five-wave cycle, EURJPY can be making an (A)-(B)-(C) correction before the uptrend resumes–. Hello traders! Today we will talk about EURJPY, its price action from technical …

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Daily Look

USD: Positioning Induced USD Rally May Result In A Full Narrative Shift – TD

January 19, 2021 - by - Leave a Comment

The US dollar is in the midst of a rally. What is the forecast for the currency? Here is their view, courtesy of eFXdata: TD Research discusses the USD outlook …

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Daily Look

EUR/CHF: Balanced Risk N-Term; Scope For Move Higher In H2 – Danske

January 19, 2021 - by - Leave a Comment

What is the outlook for EUR/CHF in the coming months? Here is their view, courtesy of eFXdata: Danske Research discusses EUR/CHF outlook and maintains a neutral bias on the cross …

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Daily Look

USD/JPY: A Bullish Wedge Reversal In The Making; Above 104.77 To Confirm – Credit Suisse

January 18, 2021 - by - Leave a Comment

What is the technical outlook for USD/JPY? Here is their view, courtesy of eFXdata: Credit Suisse discusses USD/JPY technical outlook and sees a scope for a move towards 104.77 ahead …

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