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The buck continues to garner support while GBP bloodshed persists

US equities closed higher yesterday following the second US presidential debate and as oil prices went higher. Asia was not so positive this morning although overall the major equity indices there manifested mixed perfromances. We like to look at equity Read More →

AUDNZD – Can Aussie Dollar Retain Bullish Bias?

Key Points

  • The Aussie dollar climbed recently above the 1.0650 level against the Kiwi Dollar.
  • There is Read More →

EURJPY – Can Euro Extend Its Upside Break?

Key Points

  • The Euro managed to trade higher versus the Japanese yen, and broke a short-term resistance.
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EUR/USD: Watching The Daily Triangle For Breakout Signals – JP Morgan

EUR/USD failure to stabilize above a projected E-wave target at 1.1347 (int. 61.8 %) seven weeks ago leaves EUR/USD at great risk of having completed a 1 ½ year old consolidation triangle with very negative implications.

Only a break Read More →

USD claws back minor losses after softer NFP

The Canadian dollar rose almost half a percent to 1.3224 to the US dollar, inching away from a low of 1.3315 hit on Friday its lowest level since mid-March.

Cable was flat around 1.2420, taking a breather in the Read More →