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Daily Look

Daily Look

EUR/USD looks more bearish than bullish at the wake of August

August 1, 2018 - by - Leave a Comment

The EUR/USD dropped as the US Dollar stormed the board as July came to a close. In the wake of August, the technical picture looks bearish with the path of least resistance …

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Daily Look

USD/JPY: Bullish S/T; A Daily Close Above 111.35 Confirms Bottom Formation For 118 Target – ING

August 1, 2018 - by - Leave a Comment

USD/JPY moved up as the greenback took one leg higher. What’s next? After the dovish Bank of Japan decision, the Fed will likely be hawkish. On this background and for other …

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Daily Look

GBP: BoE To Hike This Week But Risk-Reward Not Attractive For Longs Here – BofAML

July 31, 2018 - by - Leave a Comment

Tension is growing ahead of the all-important Bank of England decision. What’s next for the pound? Here is their view, courtesy of eFXdata: Bank of America Merrill Lynch Research discusses …

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Daily Look

EUR/USD: Triangle Nearing An End; What’s The Trade? – BofAML

July 30, 2018 - by - Leave a Comment

EUR/USD is trading in a narrowing channel, with stability being the name of the game. What’s next? Here is their view, courtesy of eFXdata: Bank of America Merrill Lynch discusses …

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Daily Look

EUR/USD: Looking To Buy Around Current Levels & Average Into N-Term Dips Targeting 1.25 – ANZ

July 29, 2018 - by - Leave a Comment

EUR/USD has been trading in a narrow range and not going anywhere fast. Does it now have room to run? Here is their view, courtesy of eFXdata: ANZ Research discusses …

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Daily Look

EUR/USD: Likely To Stay In 1.1550-1.1800 Range With No S/T Triggers For Breakout – Nordea

July 27, 2018 - by - Leave a Comment

EUR/USD climbed a bit higher only to turn back south. What’s next? The range may be limited and predictable for quite some time. Here is their view, courtesy of eFXdata: …

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Daily Look

EUR/USD: Looking To Turn Positive Over Rest Of Summer If it holds above 1.15 This Week – SocGen

July 26, 2018 - by - Leave a Comment

EUR/USD is awaiting the ECB meeting and US GDP, moving up along the way. What’s next later on? Here is their view, courtesy of eFXdata: Societe Generale Cross Asset Strategy …

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Daily Look

EUR/USD has its battle lines set ahead of the ECB

July 26, 2018 - by - Leave a Comment

The EUR/USD has finally begun moving, rising higher after the successful Trump-Juncker summit. It is now awaiting the ECB decision. What lines should we watch? The Technical Confluences Indicator shows that 1.1790 is a significant convergence …

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Daily Look

GBP: Scope For A Temp Recovery Into Next Week’s BoE But Rallies An Opportunity To Sell – SEB

July 25, 2018 - by - Leave a Comment

The pound enjoyed some hope for a softer Brexit as May takes control of negotiations. The Bank of England is the next big thing. Here is their view, courtesy of …

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Daily Look

Bitcoin Price: Next target is $8,663 after the recent consolidation

July 25, 2018 - by - Leave a Comment

Bitcoin continues enjoying the summer surge, for five good reasons. Despite a potential delay in assessing the requests for an ETF approval, the digital currency continues setting new 3-month highs. What’s …

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