USDX and EURX: levels to watch by Mary McNamara

Wed 27th Aug Indices: the USDX has made a daily close above the 61.8% fib level located at 82.50. This is the 61.8% fib of the last major swing move of 2010-2011. Traders really …
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Session Data for Wed Aug 27th (GMT-5:00 ET)

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BofAML staying technically bullish on USD

Liquid Technical Edge: We are bullish and long the US $ (currently against the €). Evidence says that the Greenback is in the midst of a medium, if not long term, bull trend. Now …
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BNP Paribas sees AUD/CAD heading to 0.97

From French investment bank BNP Paribas: New Zealand’s July trade balance deteriorated sharply to a deficit of NZD 692 million, the first deficit in nine months. The NZD has been …
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Citibank: Going long EUR/CHF

From Citibank’s NY strategist Donnelly: I would guess there is some discomfort in the offices of the SNB right now as Europe has loaded up its QE cannon and is ready to fire the …
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European equity markets mixed; commodities bounce

DAX is down 0.30 %, while the FTSE 100 gained 0.40 % French CAC and the EuroStoxx 50 both unchanged on the day currently Commodities have bounced though, as the USD weakened a bit …
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USD/JPY – Techs suggest pair is overbought short-term

Techs show USD/JPY is overbought in short-term Pair has been struggling in the past few sessions, ran into good supply pre-104.20 Profit-taking flows noted from longs RSI negative …
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FXWW Chatroom updates today

BofAML’s technical strategist, MacNeil Curry, remains bullish and long the US$ but advocates caution for a potential correction against JPY and EUR in the near term aiming to use …
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FX: Option expiries for today’s NY cut 10:00 ET

Notable option expiries for today’s NY Cut (10:00 NYC, 15:00 London): EUR/USD: 1.3185 (379M), 1.3250-60 (330M), 1.3300 (300M) AUD/USD: 0.9225 (418M), 0.9300 (502M), 0.9325 (361M) …
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European Open Briefing – August 26th

Asia Brief: New Zealand Trade Balance came in at NZ$-692 million vs NZ$-475 million expected. Exports fell to NZ$3.7 billion from NZ$4.19 billion previously. Israel launched new …
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