Forex Trades
FX G10/EM Morning Trader Views
EUR – Strong demand continues for eur and eur x’s with eurjpy and eurchf the standout movers o/n, helping drag eurusd to a high of 1.3404.
FX Daily Crosses
Today’s highlights: – EURGBP: Aggressive rally brings the market back up to .8228 resistance. We expect an extension above here to challenge .8263 38.2% Fibonacci retracement.
FX Daily Majors
Today’s highlights: – EURUSD: Expected recovery higher brings market back towards initial target resistance at 1.3300/09. We expect a breakout above here and extension higher to 1.3487/93.
FX G10/EM Morning Trader Views
EUR – So draghi much more upbeat than the last meeting and in no way signals rate cuts and eur and eur x’s snap back hard – Eurusd now feels like its caught up to aud, nzd and cad against the usd in the general risk senario.
FX Daily Crosses
Today’s highlights: – EURGBP: Pausing at .8165 resistance, but broader bias remains higher for .8228 and then .8263 whilst above the .8075/85 support zone.
FX Daily Majors
Today’s highlights: – EURUSD: Correction back towards 1.2998/85 key support zone continues for now. We look for a rebound higher from here and still target back to 1.3190, and then 1.3300/09.
FX G10/EM Morning Trader Views
EUR – ECB day has arrived and eur still sitting on a 1.30 handle as mkt awaits the decision and press conf from draghi.
FX Daily Crosses
Today’s highlights: – EURGBP: Advance continues with the focus remaining on .8228 resistance high and then extension risk to our target 38.2% retracement at .8263.
FX Daily Majors
Today’s highlights: – EURUSD: Risk of a correction back towards 1.2998/85 growing, but whilst above here the bias remains higher for a return to 1.3300/09 initially.
FX G10/EM Morning Trader Views
EUR – Topped nicely at that 1.3140 resistance yesterday despite some gd buying in the morning which ultimately failed to take us higher leading to a bailout by spec/cta guys back into the middle of the 1.3000/1.3150 range.
FX G10/EM Morning Trader Views
EUR – Sustained bout of EURUSD and EURxxx selling over the past 24 hours, initially in London yesterday it was CTA and model guys selling aggressively between 1.3150 and 1.3100,
FX G10/EM Morning Trader Views
EUR – Big disappointment for eur bulls yesterday with a fail at the dec highs at 1.3300/10 and then some eur x selling (mainly euraud and cad)