Forex Trades
FX Daily Crosses
Today’s highlights: – EUR/GBP: Consolidating ahead of the .8157 chart resistance hurdle. We remain bullish going into this week, with risk through .8157 to .8263.
FX Daily Majors
Today’s highlights: – EURUSD: Rebounding higher from the 1.3005/1.2993 support zone. We expect a resumption of the upward trend through 1.3140 and 1.3172/8 for a continuation up to 1.3388.
FX G10/EM Morning Trader Views
EUR – Profit taking at the back end of last week saw us dip 120 pip to that 1.3000/20 zone and despite trading heavy on the close in ny friday the bids remained then and on the open in asia
FX Daily Majors
Today’s highlights: – EURUSD: Correcting lower from flagged trendline resistance at 1.3140. Our bias remains bullish and we expect this correction to gain traction and rebound higher from 1.3005/1.2993 support zone.
G10/EM Morning Trader Views
EUR – So 1.3130/40 resistance remains intact despite another attempt yesterday in ldn to breach. An o/n NY wobble on some early reported goggle results enough to clean some weak long positioning below 1.3075 but still not much follow through with 1.3055 the low.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Pausing for breath after the recent breakout. We remain bullish target .8157 and then .8263, however we do not rule out a brief correction lower to .8090/99.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Neckline/trendline break above .8103/15 paves the way for further strength to .8157 and then .8263 – the 38.2% Fibonacci retracement.
FX Daily Majors
Today’s highlights: – EURUSD: Breakout above 1.3074 resistance paves the way for a challenge of the 1.3172/78 resistance zone. Note 1.3150 trendline resistance in the interim.
FX G10/EM Morning Trader Views
EUR – Nice hold above the break of 1.2990/1.3000 and while we didnt break that 1.3070 resistance first off we held nicely on the dip to 1.3000/20 breaking at the second ateempt as moody’s reaffirmed spains rating
FX Daily Crosses
Today’s highlights: – EUR/GBP: Poised to breakout above .8103/15 resistance, as support at .8022 continues to hold firm. We expect an extension higher to challenge .8157 initially.
FX G10/EM Morning Trader Views
EUR – Remain long looking for a break at the top end of the recent range (1.2800-1.2990/1.30) a break I expect to yield 1.3050/70 before backing off again
FX Daily Majors
Today’s highlights: – EURUSD: Support is found at 1.2891 turning the focus higher again for through 1.3011 to challenge the 1.3074 hurdle initially.