Forex Trades
FX Daily Crosses
Today’s highlights: – EURJPY: A break below the 55-day average at 118.99 is needed for a further decline towards 117.05/116.47.
FX G10/EM Morning Trader Views
EUR – Its month end day and mkt, myself included, caught short from the failure to break the 1.2990/1.30 area in the last couple of days.
FX Daily Majors
Today’s highlights: – USDCAD is correcting back from 1.0273, but we look for 1.0158/0149 to ideally hold for a renewed bull phase to 1.0363.
FX Daily Crosses
Today’s highlights: – EURJPY: Prices remain under pressure, with the spotlight on the 117.05/116.47 January lows.
FX Daily Majors
Today’s highlights: – NZDUSD’s collapse below .8319 competes a top, and we look for further weakness to the December low and 200-day average at .8155/51.
FX G10/EM Morning Trader Views
EUR – Eur did a lot of work yesterday on a 1.30 handle, but after the early LDN dip never really looked like it would revisit the early morning lows at 1.3018.
FX Daily Crosses
Today’s highlights: – EURGBP: Emphatic reversal lower off the resistance zone at .8779/.8800 warns of a further decline for .8442.
FX G10/EM Morning Trader Views
EUR – So full disappointment in the Italian elections for mkts leads to general cutting of major risk positions in eur and eur x’s – with eurjpy leading the charge (down 5%)
FX G10/EM Morning Trader Views
EUR – After opening in Asia with a squeeze clearing the book of stops topside to 1.3240, assisted in no small part by eurjpy demand, we have settled back down into 1.3190/30 range.
FX Daily Crosses
Today’s highlights: – EURGBP: Resistance zone at .8779/.8800 holds, keeping the risk lower for .8601/.8571, with scope for .8442.
FX Daily Majors
Today’s highlights: – GBPUSD has collapsed sharply again overnight and we look for further weakness to 1.4873/53.
FX Daily Crosses
Today’s highlights: – EURGBP: Failure at key .8766-.8800 resistance zone points to a decline through .8601/.8571 to challenge .8442/.8390 chart/retracement support zone.