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Daily Look

Daily Look

EUR/USD rally may be reaching its limits at 1.1650

May 30, 2018 - by - Leave a Comment

The EUR/USD is on the rising, staging a significant recovery and battling 1.1600. In the past, such movements have been dead-cat bounces. If this time is different, the pair may …

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Daily Look

The pound could struggle to recover above 1.33

May 30, 2018 - by - Leave a Comment

After the Pound suffered alongside the Euro and dropped, it may find it hard to recover even if the common currency moves up. The Technical Confluences Indicator shows that a dense cluster …

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Daily Look

GBP/USD: Room For Some Consolidation; Downside Likely Limited To 1.3250 – ING

May 27, 2018 - by - Leave a Comment

The pound continued suffering on unimpressive data and also on concerns regarding Brexit negotiations. What’s next? Here is the view from ING. Here is their view, courtesy of eFXdata: ING …

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Daily Look

EUR/USD: Room For More Pain To Come To Longs; Levels To Watch – Citi

May 26, 2018 - by - Leave a Comment

EUR/USD continued grinding lower and is already at a 6-month low. What’s next? There may be more falls to come. Here is their view, courtesy of eFXdata: Citi discusses EUR/USD …

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Daily Look

USD/JPY: Positioning Sends A Warning Signal For Bulls – CIBC

May 25, 2018 - by - Leave a Comment

The Japanese yen received some safe haven flows on the cancellation of the Trump-Kim Summit. What’s next? Here is the view from CIBC. Here is their view, courtesy of eFXdata: …

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Daily Look

USD/JPY: Risk Of A Global Trade War Remains Real & JPY Still A Barometer For That – BTMU

May 24, 2018 - by - Leave a Comment

USD/JPY lost a lot of ground after Trump canceled the Summit with North Korean Leader Kim. But it is also about the trade wars. Here is their view, courtesy of …

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Daily Look

If this resistance holds, EUR/USD could be in for a huge plunge

May 24, 2018 - by - Leave a Comment

The EUR/USD is recovering from the lows as the US Dollar gives ground. Is this recovery real or just a dead cat bounce? The Technical Confluences Indicator shows that a dense and …

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Daily Look

USD: FOMC Minutes: No Indication Fed About To Step up Pace From 3 To 4 Hikes In ’18 – SEB

May 24, 2018 - by - Leave a Comment

The Federal Reserve’s Meeting Minutes provided a clear hint that they are about to raise rates in June, but what’s next? The team at SEB has doubts about the next moves. …

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Daily Look

EUR/USD: The Sucker Punch After Jan’s Head-Fake: Key Levels To Watch – SocGen

May 23, 2018 - by - Leave a Comment

EUR/USD dropped below 1.17 in its grind to the downside. Where is the bottom? The pair continues struggling. Here is their view, courtesy of eFXdata: Societe Generale Cross Asset Strategy …

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Daily Look

EUR/USD: Further falls or a bounce? 3 opinions

May 23, 2018 - by - Leave a Comment

EUR/USD fell some 800 pips from the highs and is looking for a new direction. What’s next? Here is their view, courtesy of eFXdata: EUR/USD: No Compelling Reason To Turn …

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