Forex Market
EUR/USD Analysis
Closed in NY Friday at $1.2927 after rate had recovered off post US jobs data lows of $1.2876 to $1.2951 on source reports on the break down of voting on the ECB board.
Asian Currencies Technicals
AUD/USD: Inside Day To End The Week. The AUD/USD managed an inside day to end the week with the Dec 6 low remaining initial support to start the new week.
Mid-Day FX Market Analysis
EUR – Opened early Europe at $1.2958, Euro-dollar closed in NY at $1.2966 after the rate came under pressure on reaction to dovish comments from ECB Draghi at the ECB press conference, followed by Italian political wobbles, which saw rate pressed to a low of $1.2950.
Technical Analysis
This will be very brief (and not spellchecked…). EUR/UD & EURGBP looks offered through low and bearish looking closes yesterday…
Daily Market Technicals
EUR/USD: Dark-Cloud Cover Candle Pattern Confirmed. EUR/USD fell through support after posting a dark cloud cover candle pattern, confirmed yesterday.
USD/JPY Analysis
Dollar-yen enjoyed early demand interest into Asian trading Friday, the rate pressured up from opening lows around Y82.37 to Y82.57 on Tokyo fix interest.
GBP/USD Analysis
Closed in NY at $1.6052 after rate had been pressed lower by deeper euro-dollar slippage, the rate seeing lows in NY at $1.6040,
EUR/USD Analysis
Closed in NY at $1.2966 after the rate came under pressure on initial reaction to dovish comments from ECB Draghi at the ECB press conference, followed by Italian political wobbles, which saw rate pressed to a low of $1.2950.
Asia FX Analysis
The euro staged a mild recovery off overnight lows in early Asian trade Friday, a move seen as a correction of the losses seen after ECB President Mario Draghi’s press conference.
Asian Currencies Technicals
AUD/USD: Yesterday’s Low Key Today. Fresh 11 week highs for the AUD/USD overnight as the pair managed to take out stops above the $1.0500 level overnight, spiking above the upper Bollinger band but failing ahead of the Sept 21 high.
Mid-Day FX Market Analysis
EUR – Opened early Europe at $1.3058, Euro-dollar closed in NY at $1.3072 after easing away from a late recovery high of $1.3090, the rate giving back most of its recovery gains from early NY lows of $1.3060 into the close.
Technical Analysis
€/$ key resistance at 1.3140 survived at least the first attemt, YEN has weakend some but whereas USDJPY looks like a bullish continuation pattern EURJPY looks tired,