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fxtech posted a blog post

Daily Technical Strategist On USDCAD

USDCAD: Weakens, Targets The 1.0850 LevelUSDCAD: With USDCAD selling off strongly, further downside is likely in the days ahead. On the downside, support lies at the 1.0850 level followed by the 1.0800 level where a break will aim at the 1.0750 level and then the 1.0700 level. Its daily RSI is bearish and pointing lower supporting this view. On the upside, resistance is seen at the 1.0950 level where a violation will target the 1.1000 level followed by the 1.1050 level. Further out, resistance…See More
1 hour ago
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: EUR/USD
"AUD/USD 0.9345 held, 0.9295 and big break 0.9274 lie below, sell rallies especially below 0.9345, expect more of the same from AUD till breaks occur, scalpers paradise"
1 hour ago
Daologic posted a status
"Topside is still well contained by the 1.0975/1.1000 zone, although there are option expiries rolling off today around 1.1000/1.1025."
1 hour ago
Omkar Godbole's 2 blog posts were featured
1 hour ago
Brian Twomey commented on Brian Twomey's blog post Inside the Currency Market: EUR/USD
"German 1, 2 and 3 Year yields now negative, 4 year is another negative announcement from going negative. Guess Draghi is doing all he can. Spreads widen, EUR/USD bottom is near. USD/CAD Spreads since 6/2 - Present saw Minus 0.67 - Minus 0.51, tight…"
1 hour ago
Francesc Riverola posted a status
"SG: Overall, we recommend longs in USDJPY, NOKSEK, USDSEK & GBPUSD.Finding the right place to short AUDUSD is a task for the next week or so"
2 hours ago
Francesc Riverola posted a status
"BofAML: From €/$ to £/$ to $/¥, evidence says the US $ should see a near term, corrective setup back. €/$ could pullback to the 1.3445 zone,"
2 hours ago
Francesc Riverola posted a status
"BofAML: While we continue to expect US rates to head higher between now and year-end (as the Fed winds down QE3 and Chinese"
2 hours ago

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