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Daily Look

Daily Look

EUR/AUD and Crude Oil Elliott Wave Analysis Update

April 17, 2018 - by - Leave a Comment

Crude oil can be currently unfolding a corrective retracement, which can see support at the first support target, at 65.90 level, or lower near the 65.50 former swing low. A …

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Daily Look

GBP/USD: Rally Doesn’t Jive With Data; Looking To Play It From Short Side This Week – TD

April 17, 2018 - by - Leave a Comment

The pound rallied to 1.4376 and then retreated back. What’s next? Here is their view, courtesy of eFXdata: TD Research discusses GBP/USD outlook and notes that while Cable has been …

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Daily Look

EUR/GBP: En-Route To 0.84 But 2 Caveats Remain; UK Data Likely GBP Positive This Week – SocGen

April 17, 2018 - by - Leave a Comment

The pound has reached the highest levels against the dollar since 2016 and it also makes gains against the euro. What’s next? Here is their view, courtesy of eFXdata: Societe …

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Daily Look

GBP/USD: Last Week’s Rally Mainly Technical Driven; Break Of 1.4345 Key S/T – Danske

April 16, 2018 - by - Leave a Comment

The pound advances higher and higher and flirts with the post-Brexit highs. What’s next? Here is their view, courtesy of eFXdata: Danske Research discusses GBP outlook, and notes that the rally …

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Daily Look

EUR/USD: Dips A Strategic Buying Opportunity But Bulls Likely On The Sideline N-Term – Credit Agricole

April 14, 2018 - by - Leave a Comment

EUR/USD is clinging to a range around 1.23. What’s next? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses EUR/USD outlook and maintains a structural bullish bias in …

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Daily Look

Tech Targets: EUR/USD, GBP/USD, NZD/USD, USD/JPY – UOB

April 13, 2018 - by - Leave a Comment

The US dollar is losing ground against the pound but rising against the yen while the euro remains stable. What’s next? Here is their view, courtesy of eFXdata: EUR/USD: Neutral …

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Daily Look

FOMC Minutes support the US Dollar – Two opinions

April 12, 2018 - by - Leave a Comment

The FOMC Meeting Minutes from Jerome Powell’s first rate decision tried to keep a balanced picture but the underlying tone of optimism is clear. Here is their view, courtesy of …

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Daily Look

GBP/USD: Supported Despite Soft UK Data; Dips A Buy – Credit Agricole

April 11, 2018 - by - Leave a Comment

The British pound suffered from a drop in the manufacturing output but remained afloat. What’s next? Here is their view, courtesy of eFXnews: Credit Agricole Research discusses GBP outlook and …

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Daily Look

There are many technical reasons why AUD/USD is stuck here

April 11, 2018 - by - Leave a Comment

After the Aussie shot higher, the Technical Confluences Indicator shows that it faces the convergence of several important lines of resistance at A$0.7755. The area is the meeting point of the Fibonacci …

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Daily Look

Tech Targets: EUR/USD, GBP/USD, USD/JPY – UOB

April 10, 2018 - by - Leave a Comment

Major currency pairs are looking for a new direction amid a slew of political news. What levels should we watch? Here is their view, courtesy of eFXnews: EUR/USD: Neutral (since …

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