Forex Trades
FX Daily Majors
Today’s highlights: – EURUSD: Attempting to rebound from 78.6% Fibonacci retracement at 1.3151. Above 1.3291 however is required to signal a base for 1.3435 resistance.
FX G10/EM Morning Trader Views
EUR – So right not to stand in the way of the break at 1.3230 yesterday as we saw widespread capitulation in the mkt below that lvl on the slightly disappointing PMI’s.
FX Daily Crosses
Today’s highlights: – EURGBP: Break through .8718/9 resistance sees the market challenge trendline resistance at .8766, and also exposes the .8779/.8800 retracement cluster. We look for this to cap.
FX Daily Majors
Today’s highlights: – GBPUSD: Dramatic plunge through key medium term range support zone at 1.5233/68/74.
FX G10/EM Morning Trader Views
EUR – Eurusd caught upto the general USD uptick in spectacular fashion trading 1.3390-1.3235 from 3pm yesterday into asia this morning.
FX Daily Crosses
Today’s highlights: – EURGBP: Breakout above .8686 exposes the high of .8718 once again. The market would need to breakout above here to expose .8800/33 resistance zone.
FX Daily Majors
Today’s highlights: – NZDUSD: Unexpected reversal lower sees the market prod below .8395. The focus now shifts lower to the .8329 trendline support, then to the .8309/.8295 support zone.
FX G10/EM Morning Trader Views
EUR – Signs of life again for eurusd as we hold very well at base of the range at 1.3300/20 and eventually stop fighting the positivity of European and
FX Daily Crosses
Today’s highlights: – EURGBP: Struggling again towards the upper end of the current trading range. We continue to expect the market to remain capped by .8686, with risk towards .8442.
FX Daily Majors
Today’s highlights: – EURUSD: Poised at the 1.3310 38.2% Fibonacci retracement support level. Whilst above the risk is for a more immediate recovery back through 1.3432 to 1.3521/78.
FX G10/EM Morning Trader Views
EUR – Quiet and rangey yesterday with it being a US holiday and o/n we have stuck to similar ranges 1.3330-70.
FX Daily Crosses
Today’s highlights: – EURGBP: Rebounding higher as support at .8571 holds for now. Despite this, we expect upside to be limited to .8686 resistance, with risk still lower for .8442.