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Daily Look

Bitcoin could fall to the $6800-8700 region – Elliott Wave Analysis

January 26, 2018 - by - Leave a Comment

Elliott wave Analysis: BTC/USD and EUR/USD update We can see some turn down on CryptoCurrenices following rumors about Japanese exchange halts withdrawal and trading. We have seen a nice leg …

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Daily Look

EUR/USD: to 1.29 or a dip before the next move?

January 26, 2018 - by - Leave a Comment

EUR/USD topped 1.25 on Draghi’s weak jawboning but fell back down when Trump trumped up the dollar. What’s next? Here is their view, courtesy of eFXnews: EUR/USD: Flows To Drive …

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Daily Look

Path Of Least Resistance Remains To Sell USD/JPY On Rallies – Credit Suisse

January 25, 2018 - by - Leave a Comment

Dollar/yen tumbled down on the dollar’s weakness and struggles around the 109 level. What’s next? Here is their view, courtesy of eFXnews: Credit Suisse Research discusses USD/JPY outlook and notes that …

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Daily Look

EUR/USD: is it in overbought territory? And can Draghi drag it down?

January 25, 2018 - by - Leave a Comment

EUR/USD is trading comfortably above the 1.24 level thanks to the dollar’s weakness, especially on top of the Steven Slide. The strong exchange rate is not what the ECB, convening …

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Daily Look

Elliott wave Analysis: USDJPY and GBPUSD

January 24, 2018 - by - Leave a Comment

USDJPY is bearish, unfolding the final leg 5) of a bigger impulsive wave C. On that note, be aware that we are observing the final stages of a higher degree …

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Daily Look

USD/CAD: Will it bounce from these lows?

January 24, 2018 - by - Leave a Comment

Dollar/CAD fell on Mnuchin’s endorsement of a weaker US dollar. But are the falls limited due to NAFTA? Here are two opinions: Here is their view, courtesy of eFXnews: USD/CAD: …

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Daily Look

GBP/USD: Cable Rises Back Above The 1.4000-level; What’s Next? – BTMU

January 23, 2018 - by - Leave a Comment

The pound is taking advantage of the US dollar’s weakness and seems to succeed in its second move above 1.40. What’s next? Here is their view, courtesy of eFXnews: BTMU …

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Daily Look

EUR/USD accumulating reasons to rise but waiting for the ECB

January 23, 2018 - by - Leave a Comment

EUR/USD seems to be in a wait-and-see mode ahead of the ECB meeting on Thursday. It trades between the 1.2215 and 1.23 technical levels and practically in a narrower range. …

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Daily Look

Keeping A Negative Bias On CAD; Vulnerable To Any Drawdown In The Majors – TD

January 23, 2018 - by - Leave a Comment

The Canadian dollar has many reasons to rise: oil prices are higher, the BOC raised rates, and the economy looks great. But as we have written, there is one big …

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Daily Look

GBP/USD: Reaching Overbought Territory; Not A Buy Around Current Levels – Credit Agricole

January 23, 2018 - by - Leave a Comment

GBP/USD flirted with the 1.40 level but has retreated after the initial move. What’s next? It may have reached overbought territory. Here is their view, courtesy of eFXnews: Credit Agricole …

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