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Daily Look

Daily Look

EUR/USD has limited room to rise as downtrend resistance looms

July 16, 2018 - by - Leave a Comment

The EUR/USD is trading within well-known ranges. US Retail Sales and concerns about trade top the agenda. The technical picture is slightly bearish for the pair. The EUR/USD is trading …

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Daily Look

EUR: Outlook On CB Reverse Flows Supports Our Bearish EUR/USD View – BofAML

July 14, 2018 - by - Leave a Comment

EUR/USD is moving up and down but has not picked a clear direction. What’s next for the pair? Here is their view, courtesy of eFXdata: Bank of America Merrill Lynch …

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Daily Look

EUR/USD plunge targets levels below 1.1600

July 13, 2018 - by - Leave a Comment

The EUR/USD ended its period of stability and began falling as the US Dollar gains ground across the board. What are the next levels to watch? The Technical Confluences Indicator shows that the pair has …

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Daily Look

USD: Data Surprise Mean Reversion A Risk For USD Longs – BNPP

July 12, 2018 - by - Leave a Comment

The US Dollar is on a roll and awaiting critical data. What’s next? Here is their view, courtesy of eFXdata: BNP Paribas discusses the USD outlook and thinks that on balance, the …

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Daily Look

USD/JPY: Scope For A Push Higher Towards 113 Coming Weeks – Credit Suisse

July 12, 2018 - by - Leave a Comment

Dollar/yen is trading at the highest levels since January as the greenback gains ground. Where next for the pair? Here is their view, courtesy of eFXdata: Credit Suisse discusses USD/JPY outlook …

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Daily Look

CAD: ‘Buy The Rumor, Sell The CAD’ – Credit Agricole

July 10, 2018 - by - Leave a Comment

The Canadian Dollar is awaiting the verdict from the Bank of Canada but we already know they will raise interest rates. What’s next for the loonie? Here is their view, …

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Daily Look

Without an imminent fall of May’s government, GBP/USD can target 1.3355

July 10, 2018 - by - Leave a Comment

The Pound was stricken by the political drama in the UK and especially the resignation of Boris Johnson. However, May’s government seems to be surviving. What’s next for Sterling? The Technical …

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Daily Look

3 things to watch as the trade wars focuses on the European front

July 10, 2018 - by - Leave a Comment

The focus shifts from China to Europe as Trump arrives for the NATO Summit. Markets have swallowed the Chinese news, but car tariffs may be different. Here is everything you …

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Daily Look

USD/JPY: Daily Momentum Chart Indicates Scope For Testing 111.35 – ING

July 10, 2018 - by - Leave a Comment

USD/JPY has been quite stagnant, not going anywhere fast. When it eventually picks a direction, where will it go? Here is their view, courtesy of eFXdata: ING discusses USD/JPY technical …

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Daily Look

CAD: BoC Hike This Week Now Well-Priced; Limited Room For Further Upside – MUFG

July 9, 2018 - by - Leave a Comment

The Canadian Dollar is waiting for the rate decision. But is it all priced in? Here is their view, courtesy of eFXdata: MUFG Research discusses CAD outlook around this week’s BoC …

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