Latest Forex Research
Daily Technical Report
EUR/USD is weakening and is nowapproaching its support at 1.3333. A strongsupport stands at 1.3296 (07/11/2013 low).
Mostly near-term ranging markets, with a kiwi exception. Lower oil
EUR/USD is still confined to a 1.3333\1.3433 range, with a small downside tilt… EUR/CHF is likely to test 1.2120\33 before lower…
Gold Technical Analysis
Gold is starting to look comfortable below the 21-DMA ($1301.9) with another dip towards the triangle base Monday.
Crude Oil Technical Analysis
Consolidation below the 200-DMA continued Monday with U14 managing an inside day to start the new week.
AUD/USD Analysis
The pairopened at $0.9340 this morning, after a $0.9315 to $0.9335 range overnight in New York.
FI EYE-OPENER: Anchor drifting
Rates rebound, bund yield above 1% again, and stocks rebound. 5Y5Y inflation swap has dropped below 2% – Anchor drifting?
Daily Market Technicals
Yet another failure ahead of the key $1.3445 resistance level, this time failing at the 21-DMA, reconfirms bearish pressure on the key $1.3333 support.
EUR/USD Analysis
The pair started this morning at $1.3364 after last night’s $1.3353 to $1.3389 range during the US hours last night.
GBP/USD Analysis
The pair closed in NY Monday at $1.6728 after rate had been marked above $1.6700 at Monday’s Asian open on market
EuroStoxx50 Technical Analysis
Bounces from recent dips combined with correcting previously O/S daily studies are hinting at a retest of
USD/JPY Analysis
The pair opened at Y102.57 this morning, and after an initial Y102.55/58 range, uncovered demand from Japanese names off the low.