Forex Trades
FX G10/EM Morning Trader Views
EUR – Still dancing around in the range – yesterdays fail at 1.2950 area topside, with supply from rm/spec accounts – pre-empted the sell off post US consumer confidence data,
FX G10/EM Morning Trader Views
EUR – Continues to chop about in this 1.28/1.30 range, with RM/Lev selling the last times we traded to 1.2980/00 lvl while corp names remain buyers on dips to 1.28/1.2830.
G10 FX Spot Commentary
EURUSD : Support – 1.2875 , 1.2790 , 1.2730 Resistance – 1.2950/60 , 1.2990 , 1.3050 Markets are pretty loose at the moment (not helped by the gyrations of the Nikkei) and this has caused much consternation and
FX G10/EM Morning Trader Views
EUR – Extremely whippy in this 1.28/1.30 range – Yesterday saw us squeeze hard off the lows with eur x longs cut out and usd supply back in market as well as corp and
FX G10/EM Morning Trader Views
EUR – Well what a difference a day makes – Eur x demand turned into eurusd demand post a dovish Bernanke speech but we capped well against range highs at
FX G10/EM Morning Trader Views
EUR – Remains the most resistant to USD strength for the time being as we see from rally in eur x’s.
FX G10/EM Morning Trader Views
EUR – Wave of general usd selling yesterday led to a further squeeze in eur after we failed to get back below 1.2830 in LDN yesterday.
FX G10/EM Morning Trader Views
EUR – After the break below this 1.2840/50 area on Friday to that new low at 1.2796 we have settled down in Asia.
FX G10/EM Morning Trader Views
EUR – The reaction to the weaker US data and the aggressive squeeze to the topside capped perfectly at the lvl at 1.2930 area and
FX G10/EM Morning Trader Views
EUR – Well eur finally came lower yesterday, playing catch-up to the broader usd strength theme.
FX G10/EM Morning Trader Views
EUR – Frustration again yesterday for eur bears with a retest below 1.2950 met with corp and longer term demand.
FX G10/EM Morning Trader Views
EUR – Similar story to yesterday in that the lvls 1.3030-1.3150 remain key in the short term.