Forex Trades
FX Daily Majors
Today’s highlights: – EURUSD: Reverting back to the breakout support zone of 1.2727. Some rebound potential from here for back to test trendline and 200- day average resistance at 1.2838/50.
FX Daily Crosses
Today’s highlights: – EUR/GBP: The spotlight remains on the .7950/64 barrier and while below here the medium-term downtrend remains intact. – EUR/JPY: While trend support at 97.65 holds, recovery risks to 100.00/01 remain intact.
FX Daily Majors
Today’s highlights: – EURUSD: Prod above 1.2593/8 Fibonacci cluster exposes the mediumterm downward trendline at 1.2644. Above here is needed to expose the 1.2749 interim high.
FX Daily Crosses
Today’s highlights: * EUR/GBP: The .7950/64 barrier continues to cap and only above it would signal a base. * EUR/JPY: The stalemate sees prices in a range, but while trend support at 97.30 is intact recovery risks remain to 100.00/01 ahead of 100.72 where we would expect selling.
FX Daily Majors
Today’s highlights: * EURUSD: Still probing 1.2593/8 key Fibonacci resistance cluster. Whilst below here, our bias remains skewed to the downside for back through 1.2431 to 1.2399
FX Daily Crosses
Today’s highlights: * EUR/GBP: The spotlight remains on the .7950/64 barrier. * EUR/JPY: The deadlock continues, but while trend support at 97.30 holds, the recovery risks remain to 100.00/01 ahead of 100.72 where we would expect selling.
FX Daily Majors
Today’s highlights: * EURUSD: Rebound brings the market back up towards the 1.2593/8 resistance hurdle. Whilst below here the bias remains lower for 1.2431, then 1.2337
FX Daily Crosses
Today’s highlights: * EUR/GBP: An inside session sees a quiet start to the week and the spotlight still on the .7925/64 barrier, which we still look to try and cap to keep the medium-term trend lower.
FX Daily Crosses
Today’s highlights: * EUR/GBP: We look for renewed selling to emerge at .7930/64 and for the downtrend to resume from here. * EUR/JPY: Prices continue to coil sideways, but while 97.73/72 minimally holds recovery risk remain to 100.00/01 ahead of 100.72, where we would expect renewed selling.
FX Daily Majors
Today’s highlights: * EURUSD: Probing 1.2598/3 resistance. We expect a correction lower from here, back to 1.2431 support. Below here then exposes 1.2337 channel support
FX Daily Crosses
Today’s highlights: * EUR/GBP: The corrective bounce continues, but we still expect .7930/64 to cap to maintain the medium-term downtrend. * EUR/JPY: A break of 97.73/72 is needed to ease further recovery strength to 100.00/01, ahead of 100.72 where we would expect renewed selling.
FX Daily Majors
Today’s highlights: * EURUSD: Breakout above 1.2444/79 key resistance results in an acceleration higher towards the more critical cluster of Fibonacci hurdles at 1.2593/8, which should cap.