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Daily Look

EUR/USD: How The Return Of USD Scarcity Would Impact

August 31, 2017 - by - Leave a Comment

The US dollar made a big comeback, supported by 3% GDP growth and a surprisingly strong ADP report. What does this mean going forward? The team at Dankse answers: Here …

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Daily Look

USD/JPY: Threatens A Large Bearish Triangle; Bounce Temporary –

August 28, 2017 - by - Leave a Comment

Dollar/yen is trading around 109, leaning lower but maintains a safe distance from the critical 108.10 level. What’s next? The team at Credit Suisse sees downside pressure. Here is their …

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Daily Look

GBP/JPY: Targeting 38.2% Fibo En-route To 50% Fibo: Levels

August 25, 2017 - by - Leave a Comment

Pound/yen continues producing lots of pips for traders. What’s next for the “dragon”? Here is the technical view from Credit Suisse. Here is their view, courtesy of eFXnews: Credit Suisse …

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Daily Look

Elliott Wave Analysis: GBPUSD and S&P500

August 24, 2017 - by - Leave a Comment

Good day traders! Today’s focus will be on the GBPUSD and S&P500. Let’s jump in. GBPUSD can be trading in a three-wave bullish reversal, with the first blue wave i/a …

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Daily Look

GBP: Brexit Round 3 Showdown Weighing On GBP; What’s

August 23, 2017 - by - Leave a Comment

The pound is under pressure, unable to gain ground against the dollar when the greenback is falling. EUR/GBP is getting closer to parity. What’s next? Here is their view, courtesy …

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Daily Look

EUR/USD: ‘Buy The Rumor, Sell The Fact’ Into Jackson

August 22, 2017 - by - Leave a Comment

There is a lot of hype ahead of the Jackson Hole Symposium. Will Draghi hint about QE or talk down the euro? What does Janet Yellen have in store for …

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Daily Look

Buy USD/JPY targeting 111.50 – Citi trade of the week

August 21, 2017 - by - Leave a Comment

USD/JPY started off the week with ith a drop under 109, but the team at Citi has other plans for the pair. Here is their trade of the week: Here …

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Daily Look

EUR/USD stable at 1.1750: to 1.20 or 1.15?

August 20, 2017 - by - Leave a Comment

After a few weeks of significant advances, EUR/USD made a significant correction but never went too far. What’s next? Here is their view, courtesy of eFXnews: EUR/USD: Modest Consolidation; Near-Term …

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Daily Look

Elliott Wave Analysis: GBPUSD and German DAX Intra-day Movement

August 16, 2017 - by - Leave a Comment

USD was up yesterday, but some majors are already recovering the losses, with EURUSD up 70 points since yesterdays low. Commodity currencies are also acting strong, especially AUD and NOK …

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Daily Look

USD: Restrained S/T Before A Modest Recovery M/T; Key

August 16, 2017 - by - Leave a Comment

The US dollar has staged a nice recovery thanks to the upbeat retail sales report and EUR/USD dipped its feet under 1.17. What’s next? Here is their view, courtesy of …

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