Forex Trades
FX Daily Majors
Today’s highlights: – EURUSD: Focus remains immediately lower to 1.3310. A break below here targets the 1.3257/64 support zone and then trendline support at 1.3180, which should hold.
FX G10/EM Morning Trader Views
EUR – Range bound for much of yesterday and o/n in Asia – We managed to stay below that 1.3430 zone yesterday despite comments from Weidman suggesting that eur strength isn’t an issue.
FX G10/EM Morning Trader Views
EUR – So early Asia flush out below that 1.3350 lvl that held Friday but we snap back quick. Looking at this 1.3330 as the support again on the day.
FX Daily Majors
Today’s highlights: – EURUSD: Defending the 38.2% Fibonacci retracement level of 1.3310 so far. We look to buy into this weakness between 1.3310 and 1.3180 trendline support, for a rally to 1.3835.
FX Daily Crosses
Today’s highlights: – EURGBP: Bearish reversal signals that .8718/9 is set to continue to cap. We still target .8364 interim chart support. Below sees the 38.2% retracement at .8337.
FX Daily Majors
Today’s highlights: – EURUSD: The expected sell-off continues towards the flagged 38.2% retracement support level of 1.3310.
FX Daily Crosses
Today’s highlights: – EURGBP: Correction lower from .8719 retracement resistance continues, with the focus remaining through .8553/.8517 support, to .8364.
FX G10/EM Morning Trader Views
EUR – Finally ECB day is upon us and after some big volatility on the week for eur and eur x’s we sit comfortable for now on a 1.35 handle.
FX Daily Majors
Today’s highlights: – AUDUSD below 1.0329 completes a major top, and allows for a decline to 1.0149 long-term range support.
FX Daily Majors
Today’s highlights: – EURUSD: Whilst capped by 1.3711/27 resistance the risk remains lower to 1.3310, and potentially then 1.3180.
FX Daily Crosses
Today’s highlights: – EURGBP: Emphatic rejection of the .8719 long-term 50% retracement. We expect further weakness back through .8517 to .8364 support after the trendline break.
FX Daily Majors
Today’s highlights: – EURUSD: Near-term top in place. We expect further weakness back to 1.3439/14 and then below here to the 38.2% Fibonacci retracement of 1.3310.