JPM-Tech Trading FX 18thOct13 “EurUsd Extension Higher to 1.3850 or 1.4010 is Likely”

Raising the forecast for the eurusd pair to the 1.40 level note! From a purely trading perspective this would be very meaningful for all sorts of instruments. Note as well the short GBP recommendation vs the USD target 1.435, make or break near term level at 1.6175. In light of the Eurusd targets this implies …

CS-Weekly Wealth Management – 18th Oct13

Interesting comment and views from CS wealth management. Their tech team picking up something noted and allocated against a week or so on the forum pages ie the “Stoxx Europe 600 Banks Index with strong technical momentum” contrary to UBS expectation. Long high yield junk, which was another theme from the forum allocations a week …

JPM – FX Technical Strat – 18th Oct 2013

The latest fx report from JP below. They remain fairly US$ neutral to bullish. Forecasts for major pairs for euro to weaken to 1.33 or so. JPY to decline to the 103 level vs US$ and the pound to come off a little. The dollar basket to hold this level. JPM-fx-tech-18-10-13 (From a near term …

SC Weekly Macro Strategy, Levels & Allocations – 18th Oct 13

Just off the wires this morning SC’s latest weekly report on global markets inc key levels and their allocation recommendations. SC also taking a bow at their recent performance and allocations. They appear to be getting a bit more bullish, at least euro area wise and staying under weight fixed income. SC-WklyMacroStrat-18-oct13 US$ confusion reigns, …

CommerzB-CommodityFX 16th Oct13

Not a report I have recently watched too closely but given recent price moves its worth starting to watch the commodity fx pairs more closely as well as the commodity indexes and components. Lets see if this DX breakdown holds. If it does these pairs will run. When they move they generally trend for extended …

CommerzB – FX Weekly Technical Analysis – 17th Oct13

Commerz pouring cold water and siting the 1.367 level as a number have. They expect a stall at this level and they could well be right. Will buyers step forward for the euro at this level? Or more likely will the institutions see an opportunity to roll over the asset allocators and force them to …