Technical Analysis
Daily Market Technicals
EUR/USD continues to consolidate below the 100-DMA after having traded down to fresh 3 month lows last week. Bulls need to see a close above the 100-DMA to
Daily Technical Report
EUR/USD has made a bullish intraday reversalnear the key support area between 1.3673 (seealso the wedge formation) and 1.3643 (see alsothe 200 day moving average).
Daily Market Technicals
EUR/USD continued to consolidate below the 100-DMA to end last week after having traded down to fresh 3 month lows. Bulls need to see a close above the 100-DMA to confirm an
Markets Outlook – Producer Prices Reflect Wider Inflation
With all of these global and domestic forces pulling this way and that, what does it all mean for the Reserve Bank’s OCR path? Generally speaking, we think it’s hard to tell.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week Expectations the RBNZ will signal a pause in June are growing and should weigh on NZD/USD this week.
Weekly Technical Outlooks For EUR/USD, & USD/JPY
EURUSD’s initial push through the early April low at 1.3676 (double top trigger for a measured move decline to just below 1.34) has stalled and
Asian Currencies Technicals
Since closing above the 21-DMA on May 6 the AUD/USD has continued to find support ahead of the 21-DMA on dips. Additional layers of support converge round the $0.9319 level today with bears looking for
EUR/USD: Into 200-d Avg
Last week EUR/USD formed a key day and week reversal and dropped through the eleven month support line at 1.3806 and both reversals point to a change in the major long term EUR/USD trend, notes Commerzbank.
Daily Technical Report
EUR/USD made a bullish intraday reversal nearthe key support area between 1.3673 (see alsothe wedge formation) and 1.3643 (see also the200 day moving average) yesterday.
Daily Technical Report
EUR/USD is close to the key support areabetween 1.3673 (see also the wedge formation)and 1.3643 (see also the 200 day movingaverage). Given the recent sharp decline, ashort-term phase of stabilisation is likely.
Daily Market Technicals
Since breaking and closing below the 100-DMA for the first time since early Feb the pair had consolidated below as it hesitates ahead of the rising daily trend line and Apr 4 monthly low.
Asian Currencies Technicals
AUD/USD continued to work its way towards the $0.9426-61 region on Wednesday but the pullback from the highs in NY is a little worrying.