Tag Archives: AUD/NZD
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 Strategist: US
*Political events in Europe to further restore confidence in the EUR The EUR has held onto Tuesday’s rebound but is currently struggling to break above a key technical resistance level at 1.2478 (the 61.8% Fibonacci Retracement level).
FX Daily Crosses
Today’s highlights: * EUR/GBP: The recovery bounce has extended, but we look for .7934/64 to cap to maintain the medium-term downtrend. * EUR/JPY: The push above 98.77 keeps the immediate risks higher to 100.72 where we would expect renewed selling.
FX Daily Strategist: Europe
* Political events in Europe should further restore confidence in the EUR The EUR held onto its Tuesday recovery throughout the remained of the New York and Asia trading sessions, but the lack of a rebound in the commodity currencies and large moves in EURAUD, EURCAD and EURNZD reflects that much of the move likely […]
FX Daily Crosses
Today’s highlights: * EURGBP: A choppy sideways range continues to dominate nearterm, but and we remain biased for a test of .7790 ahead of .7755/40.
FX Daily Crosses
Today’s highlights: * EURGBP: Prices remain in tight range near term, but we remain bearish for a test of 7790 ahead of .7755/40. * EURJPY: The risks remain higher to 98.33/87 next with scope up to 100.72, which we would expect to cap for a turn lower.
FX Daily Crosses
Today’s highlights: * EURGBP: The risks are still seen lower to .7790 then .7755/40 ahead of the .7694 2008 low.
FX Daily Crosses
Today’s highlights: * EURGBP: We allow for the squeeze higher to extend, but look for .7950/64 to cap to see a test of the .7755/40 support. * EURJPY: Removal of recovery trend support at 96.10 would see bearish forces mount for 94.92 ahead of 94.11.
Technical Analysis
EUR/SEK, EUR/NOK & EUR/AUD corrections could be expanded… EUR/USD More sideways “action”… EUR/SEK Correctional forces at play… EUR/AUD Correcting towards ~1.1800\50… EUR/NOK Testing resistance at 7.34\35…
FX Daily Crosses
Today’s highlights: * EURGBP: The break of trend support now at .7955 keeps the bias lower to .7790 ahead of .7755/40. * EURJPY: The focus turns to trend support at 95.90. Capitulation through here would see bearish forces mount for 94.92 ahead of 94.11.
FX Daily Crosses
Today’s highlights: * EURGBP: Coiling sideways ahead of the 55-day average placed at .7969. A break above here sees risk up to .8013.
Technical Analysis
AUD/NZD breaking higher, NOK/SEK firming… EUR/USD Another neutral doji candle… AUD/NZD Returning upside pressure… EUR/SEK 8.3025 support intact… NOK/SEK Breaking higher… EUR/NOK Mid body support cleared… EUR/PLN Watch the 4.0855 resistance.