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The Canadian dollar has ticked higher in the Tuesday session. Currently, USD/CAD is trading at 1.2810, down 0.08% on the day. On the release front, Canada releases Wholesale Sales, which is expected...
GBP/USD Intraday: the bias remains bullish.Pivot: 1.3220 Our preference: long positions above 1.3220 with targets at 1.3280 & 1.3300 in extension. Alternative scenario: below 1.3220 look for...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The week of Thanksgiving is typically a quiet one for currencies because many U.S. traders are off for the whole week. Lower...
The Canadian dollar has edged lower in the Monday session. Currently, USD/CAD is trading at 1.2788, up 0.15% on the day. On the release front, the sole indicator is U.S. CB Leading Index, with an...
By Pinchas CohenOpposing Forces Struggle To Dominate The EuroTo an technical analyst, what’s going on right now with the euro is fascinating. The forces currently driving the common currency are...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Over the past few weeks, the U.S. dollar has struggled despite progress on tax reform and the prospect of a Federal Reserve rate...
GBP/USD Intraday: further advance.Pivot: 1.3175 Our preference: long positions above 1.3175 with targets at 1.3275 & 1.3300 in extension. Alternative scenario: below 1.3175 look for further...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday was an uneven day for the U.S. dollar, which traded slightly higher against the Japanese yen and euro but lower against...
GBP/USD Intraday: under pressure.Pivot: 1.3185 Our preference: short positions below 1.3185 with targets at 1.3130 & 1.3110 in extension. Alternative scenario: above 1.3185 look for further upside...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The U.S. dollar went on a rollercoaster ride on Wednesday as investors tried to make sense of the latest economic reports. ...
The Canadian dollar has edged lower in the Wednesday session. In the North American session, USD/CAD is trading at 1.2758, up 0.20% on the day. There are no Canadian indicators on the schedule. In the...
EUR/USD bulls were highly occupied yesterday with 143-pips price action and 1.1805 high. Today, the pair extended the upward destination and clocked 1.1852 high, and is currently trading 1.1836...
GBP/USD Intraday: continuation of the rebound.Pivot: 1.3125 Our preference: long positions above 1.3125 with targets at 1.3190 & 1.3230 in extension. Alternative scenario: below 1.3125 look for...
The Canadian dollar has edged higher in the Tuesday session. In the North American session, USD/CAD is trading at 1.2713, down 0.16% on the day. On the release front, there are no Canadian indicators...
The Canadian dollar has edged higher in the Tuesday session. In the North American session, USD/CAD is trading at 1.2713, down 0.16% on the day. On the release front, there are no Canadian indicators...