Forex Trades
FX Daily Majors
Today’s highlights: – EURUSD: Rebounding from support found at 1.2662 and threatening trendline resistance located at 1.2742. We look for a break above here and extension towards 1.2877, which should then cap.
FX G10/EM Morning Trader Views
EUR – Choppy yesterday but despite early selling through 1.2690 and a weak ZEW the mkt failed to extend to even test that 1.2650 cloud base on the daily’s.
G10 FX Spot Commentary
EURUSD : Support – 1.2675 , 1.2650/40 , 1.2500 Resistance – 1.2740 , 1.2780/90 , 1.2880 , 1.2985 The Greece situation continues to fumble along making plenty of noise – now between Juncker (head of Eurogroup) and Lagarde (head of IMF), it still seem likely that a solution will be found in the near future, […]
FX Daily Crosses
Today’s highlights: – EUR/GBP: Rebounding from the 50% retracement at .7960, but the risk remains lower for .7923/12 initially, whilst capped by .8033.
FX Daily Majors
Today’s highlights: – EURUSD: Downtrend continues lower, and after the break through 1.2740 the focus now shifts to the 1.2502/1.2474 support cluster.
G10 FX Spot Commentary
EURUSD: Support – 1.2690, 1.2650, 1.2500 Resistance – 1.2740, 1.2780/90, 1.2880, 1.2985 Greece pass the budget overnight but and now the onus is back on Europe to approve the next tranche,
FX Daily Crosses
Today’s highlights: – EUR/GBP: Downside risks remain for a turn lower to the .7923/12 support. – EUR/JPY: The bearish extension below former trend support now at 102.40 reinforces a top for 100.16/99.36.
FX Daily Majors
Today’s highlights: – EURUSD will ideally hold below 1.2875/86 to maintain its top, for a decline to 1.2502/1.2474. – USDCHF is expected to hold support at .9380 to maintain its base, for further strength to .9503 next.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Selling pressure has extended and beneath .7984/78 would see a more bearish turn for .7923/12.
FX Daily Majors
Today’s highlights: – EURUSD completes a bearish “outside range” day, but needs to remove 38.2% retracement support at 1.2740 to reinforce the top. – USDCHF stages a strong recovery to maintain its base, and we look for further strength to .9503 next.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Gaining traction at .7984/78 support, and after the removal of .8014 we see scope for risk towards .8078 once again. Above creates a base for .8166 again.
FX Daily Majors
Today’s highlights: – EURUSD: Rebound higher brings the market back up to throwback resistance at 1.2875 as anticipated. Some overshoot above here expected, but we look for 1.2907 to cap.