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Daologic posted a blog post

TD:USDCAD-Correction Risks Rise Despite Weak Crude

"...On the charts, the tumble on funds over the past two days weakens the uptrend in the market and while the market has recovered from the overnight push below 1.11, price action was weak enough on the charts (forming a bearish engulfing signal on the daily candle) to raise the risk of a deeper correction from here; at the very least, we have to reckon with strong resistance in the 1.12 in the near-term but corrective pressure on funds might mean a push back to 1.0925/75 in the next couple of…See More
48 minutes ago
Constantine posted blog posts
1 hour ago
Francesc Riverola posted a status
"HSBC: We are only at the early stages of a USD bull run... this will ensure it's not only the strongest currency in 2014, but also in 2015."
1 hour ago
Francesc Riverola posted a status
"BTMU: Further EURUSD modest correction higher is possible today if ECB fails to convince markets of a sizeable QE program being undertaken"
1 hour ago
Francesc Riverola posted a photo
1 hour ago
Francesc Riverola posted a status
"Goldman Sachs: We expect Fed to keep the funds rate near 0% until 2015Q3; We expect BoE to keep rates unchanged until the beginning of 2015."
1 hour ago
Francesc Riverola posted a status
"Goldman Sachs: Our core views are that the USD will strengthen further, particularly against continental Europe;"
1 hour ago
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: DXY and FED Funds
"GBP/JPY Watch 175.05,  174.94 and intraday 174.69, big breaks if seen, short upon break but overbought intraday now relieved with 177.60 drop and current 175 price. Now GBP/JPY oversold so watch for rise. GBP/JPY funny and wide price swings…"
2 hours ago

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