(1,3605) The EUR/USD confirmed a mixed closing on Friday but the weekly one was positive failing to confirm the previous week’s negative week reversal. Overall the pair is still interior the negative outside day with 1,3665 – 1,3575 still the levels ...

EURUSD

AUDUSD continues to hold above trendline, 55-day average and key “neckline” support at .9361/22, maintaining our slight topside bias for .9457 initially. Extension through here though is then needed to reassert an upward bias for a move back to ...

AUD/USD

GBPUSD continues to consolidate sideways in its range, still holding above its 13-day average, trendline and price support at 1.7095/85. We (Credit Suisse) stay directly bullish while above, here for strength back up to test the 1.7181 recent high. ...

Cable Update (GBPUSD)

EURUSD remains capped by the falling 55-day average now at 1.3666, keeping the immediate risk on the downside. We (Credit Suisse) continue to look for an initial test of 1.3592/88, followed by last week's low at 1.3575. Removal of the latter should ...

EURUSD

RBA Governor Stevens has reiterated that the AUD remains overvalued and investors are underestimating a material fall in the AUD; however, he also suggested that a sell-off in AUD would come from rise of US interest rates. We (MOrgan Stanley) would ...

AUD/USD

UK data have moderated recently, taking the steam out of recent GBP gains. However, we maintain our GBP view. The CPI data are likely to show a robust reading tomorrow, along with the labour market data. However, any softness in the wages data could ...

Cable Update (GBPUSD)

EURUSD to remain under selling pressure following the negative news from the eurozone peripheral banking sector and potential new details about the ECB’s accommodative policy. If underperformance of the European equity markets continues, led by the ...

EURUSD

GBPUSD continues to see further consolidation at the 1.7180 recent high, but my core outlook stays bullish for a break through here in due course to target potential trend resistance at 1.7229 next, and eventually on to our long-held medium-term ...

Cable Update (GBPUSD)

Credit Suisse, but all major market participants are expressed such opinions.

EURUSD

EURUSD remains under pressure after last week’s rejection of the falling 55-day average, currently seen at 1.3684, and the subsequent completion of a small top below 1.3640 keeps us bearish for 1.3576 next, below which can aim at "neckline" support ...

EURUSD

The trend remains higher to my core target at 1.7330/32. GBPUSD saw a volatile session on Thursday, reversing early weakness to stand back near the recent highs. I allow for consolidation to extend into the end of the week. However, I remain bullish ...

Cable Update (GBPUSD)

EUR/USD’s rejection of price from the 55 day ma at 1.3693 has been quite emphatic and reinforces my view that the market has topped here at 1.3701. The 20 day ma at 1.3605 should offer only minor support en route to the much more important 1.3503 ...

EURUSD

AUD/USD has seen a divergence of the daily RSI, the market has reversed just ahead of the .9523, the 78.6% retracement of the move down from October 2013 and it has broken back below the .9448/60 resistance (November 2013 and the April high). This ...

AUD/USD

EUR/JPY continues to hold just below the 200 day ma at 139.12 and for now me will maintain a neutral to negative bias. The Elliott wave count is suggesting that this is the end of the corrective wave and me should see the market fail shortly and ...

EUR/JPY

The S&P 500 rally is on the cusp of our 1980 bull target. An overshoot to medium-term trend resistance at 1994 should be allowed for, potentially even 2024 – 10% above the 40-week average - but we look for a fresh top here. Below 1944 is now needed ...

Analyzing Dow, Dax, FTSE, etc

Higher prices should be likely in the next few weeks, but we cannot rule out a mild decline in the coming days. Prices arrived at the strong short-term resistance area 1.3675-1.3690, with the declining MA-50 line currently at 1.3685. A pull-back is ...

EURUSD

AUDUSD has also extended its recovery this year and has now broken above the range high that had dominated since mid-April at .9463. This provides a near-term bullish continuation signal and allows a move on to .9545 immediately with a bigger ...

AUD/USD

NZDUSD has staged a sharp recovery since June 2014 and is now testing the highs for this year at .8781/95. We look for an extension above here to open up further strength to test a major barrier at .8845, which marks the August 2011 high. We see ...

NZD/USD

Weakness in spreads and the fact that October Sugar could not even hold secondary support at 18.02 leaves the short-term technical picture bearish. With deliveries out of the way, the focus may now shift to supply uncertainties ahead for India, ...

Sugar discussion

WTI crude oil has continued to hold below the 78.6% retracement of the move down from the August 2013 peak at 107.75, this has now held 3 times. The market has eased back to and is attempting to recover off 104.66. The 2014 uptrend is located at ...

Trading Crude Oil with price action + indicator