Forex Trades
FX Daily Majors
Today’s highlights: – EURUSD: Prod above 1.3007 long-term downward trendline resistance, however, a sustained advance through here is needed to expose 1.3140/72 range highs.
FX G10 and EM Morning Trader Views
EUR – Finally Europe get the deal done and we see a spike in eur and eur x’s but as yet no follow through on yesterdays move.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Consolidating after recent neckline break and push above the 200-day average at .8074. We see risk higher to long-term resistance at .8166.
FX Daily Majors
Today’s highlights: – EURUSD: Acceleration higher brings market up towards the long term downward trendline spanning lower from 1.4944 – at 1.3074. Failure here see risk back to 1.2868 initially.
FX G10 and EM Morning Trader Views
EUR – A positive end to last week in EURUSD and EURxxx, EURJPY closing above its weekly cloud the stand out, already seeing some early corp demand for EURUSD on the open as Asia shrugged off the anticipated news of a pro-referendum majority in Catalonia and now eyes turn to whether Greece will be granted […]
FX Daily Majors
Today’s highlights: – USDJPY: Initial failure at 83.09/82.99 resistance zone. Despite this we remain bullish and expect to see an eventual upside break and extension higher through 85.54 to 87.57.
FX G10/EM Morning Trader Views
EUR – Dragged by eurjpy earlier in the week now its catching up to the general improved risk sentiment and squeezing the week shorts put on pre/post draghi at the start of the month
FX Daily Crosses
Today’s highlights: – EUR/GBP: Stuck within a range between .8067/78 resistance and .8006/9 support. The bias is shifting higher for a push through .8078 towards .8166.
FX Daily Majors
Today’s highlights: – USDJPY: Approaching the 78.6% Fibonacci retracement hurdle of 82.68. Overextended to the upside, and thus we look for a correction back towards 81.13 before we target 84.19.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Removal of .8009 support hints at a top, and allows the market to revert lower, back towards the .7961/0 support zone. Below here is needed for a greater top.
FX Daily Majors
Today’s highlights: – USDJPY: Aggressive acceleration through 81.49 retracement resistance sets up for further gains higher to the 78.6% retracement of 82.68 and then the key neckline of 83.09.
FX G10/EM Morning Trader Views
EUR – Eur remains in this 1.2650-1.2830 range – taken to the brink on the topside yesterday trading to 1.28295 but despite cleaning a few stops out we fail