Technical Analysis
Daily Technical Report
EUR/USD weakened yesterday but failed tobreak its recent low at 1.2440 (03/11/2014 low).
Yan, aussie & nokkie corrections underway and commodities bounce
EUR/USD is possibly forming a bearish “Triangle”. Watch both 1.2455 & 1.2605\14…
Daily Market Technicals
EUR/USD continues to hesitate marginally above the recent 2014 and 2 year lows set Monday with bulls now
Daily Technical Report
EUR/USD has broken the hourly resistance at1.2544 (intraday high), suggesting a temporarypickup in buying interest.
NOK & YEN are underdogs. CRB trades at multi-year lows.
EUR/USD is possibly testing resistance near 1.26 before down again…
Daily Market Technicals
After having made fresh 2014 and 2 year lows Monday bulls are taking some comfort in the lack of follow
Daily Technical Report
EUR/USD has moved below the key support at1.2501, confirming persistent selling pressures.
Time for the dollar to give a little something back
EURUSD: The markets seems to be in the process of correcting short-term stretch with
Daily Market Technicals
Fresh 2014 and 2 year lows reconfirmed bearish pressure last week with overall focus currently on the $1.2042 2012 low.
Technician
EUR/USD: Momentum pro-decline. Some pressure on 1.25 level possible, but immediate breakthrough does not seem likely.
Yen selling overdone. USD/SEK topside failures
EURUSD: Following the recheck and validation of the neckline breakthe market continued its descent down to
Daily Market Technicals
Fresh 2014 and 2 year lows reconfirmed bearish pressure last week with overall focus having shifted to the $1.2042 2012 low.