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Daily Look

Daily Look

Elliott Wave Analysis: EURUSD, USDJPY and 10Year US Notes

June 16, 2017 - by - Leave a Comment

We are tracking an impulse down on EURUSD which may extend to 1.1100 in the near term, while USDJPY may rise to 112.00, but after a fourth wave correction. Both …

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Daily Look

CAD: How High Can CAD Fly With An October BoC Hike? -TD

June 15, 2017 - by - Leave a Comment

The Canadian dollar got a big boost this week from two BOC speakers, providing a hawkish tone. What does it mean in practice? Here is their view, courtesy of eFXnews: …

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Daily Look

EUR/USD: Staying Tactically Short on perfect USD liquidity storm

June 15, 2017 - by - Leave a Comment

EUR/USD is struggling under support following the Fed. The team at Danske sees more reasons for a sell-off in the pair. Here is their view, courtesy of eFXnews: Danske Bank …

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Daily Look

Elliot Wave Forecast – EURUSD

June 15, 2017 - by - Leave a Comment

EURUSD touched a new high yesterday ahead of the FOMC press conference but then it turned sharply lower from the 1.1300 area which we highlighted as an important resistance a …

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Daily Look

FOMC reaction: Another Hike In September Before Balance Sheet

June 14, 2017 - by - Leave a Comment

The Fed followed through with raising rates and even sounded optimistic. The US dollar recovered also on Yellen’s dismissing of inflation. What’s next? Here is a hawkish reaction: Here is …

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Daily Look

USD Index, S&p500 and DAX: All Looking Higher

June 14, 2017 - by - Leave a Comment

Today, it’s going to be big day for the markets as the FED may deliver higher rates. Technically USD may see higher prices and stocks as well based on the …

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Daily Look

Getting ready for the Fed – Live Market Open from

June 14, 2017 - by - Leave a Comment

The pound is licking its wounds, the euro is stable and the loonie is rallying but now everything is about the Fed. Will they provide a dovish hike? We cover …

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Daily Look

CAD: ‘Shifting Sands’ For CAD; Where To Target? – BTMU

June 13, 2017 - by - Leave a Comment

The Canadian dollar got a shot in the arm from the hawkish shift from Wilkins, later followed up by Poloz. What’s next? Here is their view, courtesy of eFXnews: BTMU …

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Daily Look

USD: Fed To Skip Hiking This Week But Will Announce

June 13, 2017 - by - Leave a Comment

The wide consensus this week is that the Federal Reserve will raise rates despite the economic slowdown. The team at Danske stands out with a different view: Here is their …

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Daily Look

Buy opportunity on GBP/USD? 3 reasons

June 8, 2017 - by - Leave a Comment

UK exit polls are shocking by showing no absolute majority for the Conservatives in an election that was supposed to be a landslide. While polls narrowed towards the vote, they still showed a …

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