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Daily Look

Daily Look

EUR/JPY: BoJ Becomes A ‘Lone Dove’; Stay Long EUR/JPY

October 31, 2017 - by - Leave a Comment

The euro suffered from the Draghi drag but the yen did not fall as much. What’s next? Here is the view from Nomura: Here is their view, courtesy of eFXnews: …

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Daily Look

BOC to hit the brakes? What does it mean for CAD?

October 25, 2017 - by - Leave a Comment

The Canadian dollar is already on the back foot following the poor inflation numbers but struggles to conquer the high resistance level ahead of the BOC. Will USD/CAD jump on …

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Daily Look

USD/CAD: Positioning Points To An Upcoming Sell-Off In CAD;

October 24, 2017 - by - Leave a Comment

The Canadian dollar has been hit quite hard by the weak inflation figures. It is now facing a new test: the upcoming decision of the Bank of Canada. What is …

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Daily Look

EUR/USD: There Is A ‘Usual Pattern’ Around This Week’s

October 24, 2017 - by - Leave a Comment

The decision of the ECB is coming up and more previews are coming up. How much will the ECB taper? Does it matter? There is a trading pattern that appears …

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Daily Look

USD/JPY: Filling Gap To 113.50 Before A Test Of 114.50

October 23, 2017 - by - Leave a Comment

Dollar/yen advanced on the news that Abe won a landslide victory, but hesitated after hitting 1.14. What’s next? Here is the view from ING: Here is their view, courtesy of …

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Daily Look

EUR/USD: There Is A Pattern In Ongoing Resilience To The

October 19, 2017 - by - Leave a Comment

Things are getting worse in Spain. The Catalan government made its own threats and the Spanish government is set to suspend the autonomy. Nevertheless, after the small drop, EUR/USD is …

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Daily Look

Elliott Wave Video Analysis: Gold Trapped In a Triangle

October 19, 2017 - by - Leave a Comment

Good morning traders. Today, let’s take a quick peek at Gold and its mid-term development. We see Gold trading in a big, choppy, overlapping and sideways price action since the …

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Daily Look

USD/CAD: Towards 1.25 Or 1.30 By Year-End?; NAFTA Negotiations

October 18, 2017 - by - Leave a Comment

Dollar/CAD is looking for a new direction after consolidating earlier. What’s next? Here is the view from BTMU: Here is their view, courtesy of eFXnews: BTMU FX Strategy Research notes …

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Daily Look

Elliott Wave Analysis: USDNOK and S&P500 Update

October 17, 2017 - by - Leave a Comment

Good day traders! Today, let’s look at USDNOK and S&P500. USDNOK looks very interesting, as it has a very clear wave structure; bigger three waves up followed by a bearish …

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Daily Look

EUR/USD: a bullish move out of the range?

October 16, 2017 - by - Leave a Comment

EUR/USD is off the highs but has never gone too low. The pair is still trading on relatively high ground and quite stuck in a range. What’s next? Here are …

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