Tag Archives: AUD/NZD
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 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 Daily Strategist: US
– Our CDS-measure turns higher, flagging a bullish EUR stance even at current levels Markets today are not looking as risk-constructive as they were yesterday, but it can safely be said that it has nothing to do with eurozone concerns.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Support found at .8022 signals the correction was shortlived, and we expect an advance through .8103/15 to target .8157 initially.
FX Daily Strategist: Europe
– EURUSD, GBPUSD and NZDUSD remains biased higher Markets have continued to charge ahead with better earnings reports from Europe and Thursday’s stronger labour data from the US showing initial jobless claims falling sharply.
Technical Analysis
EURUSD slowing its decline approaching the important 1.2803 key support, EURJPY same thing homing in on the 99.64 support (setup is however clearly bearish), CABLE forming a small bear triangle so soon to break lower,
FX Daily Crosses
Today’s highlights: – EUR/GBP: Market posts a bearish outside day, suggests correction set to continue to .7978. Broadly, we still see risk higher through .8103/15 to .8115 and then ultimately .8263.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Stalling at .8100 trendline resistance. We expect corrective weakness to find support at .8025. The bias remains broadly higher through .8115 to .8157 then .8263.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Break above .8010 resistance allows for risk up to .8101 trendline resistance and then .8115. Longer term we reiterate our .8263 target.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Recovery commences off .7923 support with the market threatening to break out above .8010. We remain bullish for .8115 first.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Basing efforts continue to unfold, and whilst above .7910/.7893 support zone we expect further upside to .8115 initially.