Forex Strategies
Daily FX Update
Into the NA open markets are embracing risk with equities higher and a soft USD; however the US 10-year warns as it falls to 2.45%.
FX Daily Majors
Today’s highlights: EURUSD has finally completed the long-looked for large bear “wedge”, and we target 1.3248, then 1.2755.
Daily FX Wrap and Strategy
The NZD/USD sits a little lower at 0.8660 this morning. The NZD/USD drifted lower during the course of yesterday in the absence of domestic data releases,
Daily FX Update
Equities have firmed, the US 10‐year appears comfortable close to 2.5% while the USD is mixed.
FX Daily Majors
Today’s highlights: EURUSD spotlight stays on the key 1.3477 low. Capitulation below here remains needed to confirm a large bear “wedge”.
Daily FX Wrap and Strategy
The NZD/USD sits little changed, at 0.8690, this morning,having traded toward 0.8720 early last evening.
Short-Term Trading Strategies
EUR/USD is still trading at the low end of its recent range, and a test of the critical 1.3500 support proved to be short lived.
Daily FX Update
A cautious but calm start to week with soft equities, U.S. 10yr yields at 2.48%, and a rise in the USD.
FX Daily Majors
Today’s highlights: URUSD needs to remove the 1.3477 low for the year to confirm a large bear “wedge”.
FX Strategies: Buy AUD/NZD & Sell EUR/JPY
Investors following tactical strategies should consider buying AUD/NZD and selling EUR/JPY this week, advises Barclays Capital in its weekly FX pick to clients.
Daily FX Wrap and Strategy
The NZD/USD sat a fraction lower at week end, at 0.8690,having traded a fairly tight range on Friday.
FX Majors Trading Strategies
EUR/USD: EURUSD is still trading at the very low end of the recent range.