Forex Wrapup For August 18, 2014

Some collected notes on a few of the major currency pairs for today.

The currency pairs are not trending well and volatility is not really improving that much so far.

Worldwide tensions seem to be affecting commodity prices as well as the prices for the currencies.

Tomorrow may be different.!








EURUSD

 Mon, 18 Aug 2014 14:18:32 GMT
Pound Sterling LiveEuro Forecast Today: EUR/GBP and EUR/USD Exchange Rates to Decline ...Pound Sterling LiveThe euro rate is today (Monday, 18th/8th) offering decent rates to euro sellers as we enter the new trading week. A strong end to the precedin ...



5 Reasons EUR/USD is Coiling - GBP/USD Waits for UK, US CPIs on Tues - DailyFX
Mon, 18 Aug 2014 11:13:14 GMT
5 Reasons EUR/USD is Coiling - GBP/USD Waits for UK, US CPIs on TuesDailyFXInstead, there are several competing factors at work keeping EURUSD pinned lower. Among them: interest rate differentials, especially among peripheral sovereigns; liquidity co ...



EUR/USD: Await Breakout; AUD/USD: Sell Into 55d AVG - Commerzbank - eFXnews
Mon, 18 Aug 2014 10:13:09 GMT
EUR/USD: Await Breakout; AUD/USD: Sell Into 55d AVG - CommerzbankeFXnewsLast week EUR/USD was sidelined between its 1.3336/33 current August lows and the upper pennant line at 1.3419, notes Commerzbank. 'The near term risk is still for a corrective r ...



Major Currency Pairs: EUR/USD USD/JPY GBP/USD : August 18, 2014 - Investing.com
Mon, 18 Aug 2014 10:16:04 GMT
Major Currency Pairs: EUR/USD USD/JPY GBP/USD : August 18, 2014Investing.comThe broad consolidation pattern above 1.3330 is still underway and the intraday bias is positive, for one more upswing towards 1.3450 resistance zone. On the senior frames th ...



Staying Short EUR/USD & Looking For Opportunities To Re-Buy USD/JPY - BNPP - eFXnews
 Mon, 18 Aug 2014 07:57:34 GMT
Staying Short EUR/USD & Looking For Opportunities To Re-Buy USD/JPY - BNPPeFXnews'We remain constructive on the USD, continuing to run a short EURUSD and watching for opportunities to re-enter USDJPY longs,' BNPP advises. BNPP maintains a short EUR/U ...



Intra-Day Market Moving News and Views EUR/USD - FXstreet.com
 Mon, 18 Aug 2014 09:52:23 GMT
Intra-Day Market Moving News and Views EUR/USDFXstreet.comwww.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 2-week for $40 USD. Intra-Day Market Moving News and Views EUR/USD - ...



EUR/USD Relatively Rangebound - Investing.com
Mon, 18 Aug 2014 14:41:42 GMT
EUR/USD Relatively RangeboundInvesting.comIn terms of investment bank commentary, GS says it's difficult to tell when the EUR/USD will be ready to turn back lower again, the fact that oscillators are back into the middle of their range implies that t ...



USDJPY


USD/JPY At A Crossroads - Investing.com
Mon, 18 Aug 2014 10:22:28 GMT
USD/JPY At A CrossroadsInvesting.comThe USD/JPY remains a critical juncture near its range-top with signs of indecision made evident by a Doji formation on the daily. While not considered a key reversal pattern, the candlestick suggests hesitation fr ...




USD/JPY Drivers Are Changing; We Went Long - Morgan Stanley - eFXnews
Mon, 18 Aug 2014 10:56:24 GMT
USD/JPY Drivers Are Changing; We Went Long - Morgan StanleyeFXnews'We acknowledged that even though USD/JPY would still react to broader changes in risk appetite, it would be increasingly more driven by movements in the US yield curve and the possibi ...



USD/JPY Technical Analysis: Seeking Upward Momentum - DailyFX
 Mon, 18 Aug 2014 07:36:32 GMT
USD/JPY Technical Analysis: Seeking Upward MomentumDailyFXThe US Dollar is attempting to regain traction against the Japanese Yen after hitting a two-week low beneath the 102.00 figure. A daily close above the 50% Fibonacci expansion at 102.51 expose ...



USD/JPY: Unable To Break 102.70 - Investing.com
 Mon, 18 Aug 2014 10:33:37 GMT
USD/JPY: Unable To Break 102.70Investing.comThe USD/JPY unable to break above 102.70 and that looks like the end of the recovery. Resistance at 102.38/42 is the main challenge for today and below 102.25 keeps the market under pressure for a test of g ...



Staying Short EUR/USD & Looking For Opportunities To Re-Buy USD/JPY - BNPP - eFXnews
Mon, 18 Aug 2014 07:57:34 GMT
Staying Short EUR/USD & Looking For Opportunities To Re-Buy USD/JPY - BNPPeFXnews'We remain constructive on the USD, continuing to run a short EURUSD and watching for opportunities to re-enter USDJPY longs,' BNPP advises. BNPP maintains a short EUR/U ...


USDCAD


Forex - USD/CAD slips but downside seen limited - Investing.com
 Mon, 18 Aug 2014 14:29:55 GMT
Forex - USD/CAD slips but downside seen limitedInvesting.comInvesting.com - The U.S. dollar slipped against its Canadian counterpart on Monday, but losses were expected to remain limited as disappointing data from Canada weighed on demand for the loo ...



Forex - USD/CAD weekly outlook: August 18 - 22 - NASDAQ
Sun, 17 Aug 2014 14:00:26 GMT
Forex - USD/CAD weekly outlook: August 18 - 22NASDAQUSD/CAD fell to lows of 1.0860 before pulling back to 1.0896 late Friday. For the week, the pair lost 0.67%. The pair is likely to find support at around the 1.0850 level and resistance at 1.0940. S ...



USD/CAD Technical Analysis: Sellers Struggle to Break 1.09 - DailyFX
Mon, 18 Aug 2014 02:16:17 GMT
USD/CAD Technical Analysis: Sellers Struggle to Break 1.09DailyFXWe entered long USDCAD at 1.0811. The trade has now met its initial objective at 1.0875 and we've taken profit on half of our exposure. The rest remains open to capture any further upsi ...



USD/CAD Crawls Under 1.0900 Floor Following Bearish Engulfing Pattern - DailyFX
Mon, 18 Aug 2014 08:39:41 GMT
USD/CAD Crawls Under 1.0900 Floor Following Bearish Engulfing PatternDailyFXUSD/CAD has cleared the critical 1.0900 barrier following the emergence of a Bearish Engulfing candlestick pattern near the pair's recent highs. The downside break suggests a ...



USDCAD - sentiment turns down below 1.1000 - TradingFloor.com
Mon, 18 Aug 2014 07:02:02 GMT
USDCAD - sentiment turns down below 1.1000TradingFloor.comThe sequence of three up weeks ended with the market unable to sustain prices beyond a 50% correction of the fall from this year's top, 1.0949. The most negative performance for 7 weeks result ...



AUDUSD


Forex - AUD/USD almost unchanged after Australian data - NASDAQ
Mon, 18 Aug 2014 08:59:08 GMT
AUD NewsForex - AUD/USD almost unchanged after Australian dataNASDAQAUD/USD hit 0.9309 during late Asian trade, the session low; the pair subsequently consolidated at 0.9319, dipping 0.01%. The pair was likely to find support at 0.9298, the low of Au ...



AUD/USD: Staged A Good Recovery - Investing.com
Mon, 18 Aug 2014 10:36:11 GMT
AUD/USD: Staged A Good RecoveryInvesting.comThe AUD/USD staged a good recovery last week as far as the 100 day moving average resistance at 9335 and topped exactly here. As we know, only a break above here this week would be seen as positive and targ ...



AUD/USD Bulls Hesitate As Doji Forms At Nearby Resistance - DailyFX
 Mon, 18 Aug 2014 07:22:35 GMT
AUD/USD Bulls Hesitate As Doji Forms At Nearby ResistanceDailyFXThe Australian Dollar is searching for direction above the 0.9280 mark with a Doji on the daily suggesting indecision amongst traders. A daily close above the former-range-bottom at 0.93 ...



AUD/USD Daily Outlook - Action Forex
 Mon, 18 Aug 2014 07:30:36 GMT
AUD/USD Daily OutlookAction ForexIntraday bias in AUD/USD remains neutral for the moment. With 0.9374 resistance intact, deeper fall could still be seen to 0.9211 support and below. At this point, we'd expect downside should be contained by 38.2% ret ...





USDCHF


USD/CHF: Bounce Continuation? - Investing.com
Mon, 18 Aug 2014 13:07:17 GMT
USD/CHF: Bounce Continuation?Investing.comCurrently the USD/CHF at 0.9049. We have a bounce on the trend wall and looking for a continuation to the R4 resistance area and 0.9090 with an overall target and 0.9130. The average daily true range (ATR) fo ...



Forex - USD/CHF rises in light trade, eyes on Ukraine - NASDAQ
Mon, 18 Aug 2014 10:57:04 GMT
Forex - USD/CHF rises in light trade, eyes on UkraineNASDAQInvesting.com - The U.S. dollar rose against the Swiss franc in light trade on Monday, as investors remained cautious amid ongoing tensions in Ukraine. USD/CHF hit 0.9047 during European late ...



USD/CHF best day in three weeks - FXstreet.com
Mon, 18 Aug 2014 21:06:14 GMT
USD/CHF best day in three weeksFXstreet.comFXStreet (Córdoba) - The USD/CHF finished higher, trading around 0.9060/65 on Monday, having the highest daily gain since July 22 after rising more than 40 pips or 0.44%. At the beginning of the week the USD ...



USD/CHF Technical Analysis: Testing 3-Month Trend Support - DailyFX
Mon, 18 Aug 2014 03:02:07 GMT
USD/CHF Technical Analysis: Testing 3-Month Trend SupportDailyFXThe US Dollar turned lower against the Swiss Franc as expected after finding resistance below the 0.91 figure. Near-term support is at 0.9017, the intersection of the 23.6% Fibonacci ret ...



USDCHF: Holding inside a corrective channel, the bias is bullish - TradingFloor.com
Mon, 18 Aug 2014 11:07:39 GMT
USDCHF: Holding inside a corrective channel, the bias is bullishTradingFloor.comUSDCHF – Trading for most of the week was mixed and volatile with levels inside the weekly Ichimoku Cloud being sold into.The fact that this happened at the 161.8% extens ...