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USDCAD TECHS

Bouncing Ahead of 200-DMA Support

AUDUSD TECHS

Bullish Conditions

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Most of the action is in FX

FOREX
  • All the action remains in FX in the past few hours, and particularly the EUR.
  • The currency has seen some decent ranges, 114 in EURUSD, 213 pips in EURJPY, and the EUR is still under real pressure here, albeit holding better versus the USD.
  • EURCAD collapses through new intraday low, with next target at the April 2013 low, 1.2954.
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  • All the action remains in FX in the past few hours, and particularly the EUR.
  • The currency has seen some decent ranges, 114 in EURUSD, 213 pips in EURJPY, and the EUR is still under real pressure here, albeit holding better versus the USD.
  • EURCAD collapses through new intraday low, with next target at the April 2013 low, 1.2954.