Tag Archives: BUND
JPY weakness. CABLE peaking?
EUR/USD: The market opened the week with an unusually big gap (to1.3748) higher only to immediately trade lower filling thegap to the NY close, 1.3706.
€ on a firm footing. NOK/SEK decline to pause.
EUR/USD: Again a dip below 1.3550 was met by aggressive buyingpushing the pair up to a new correctional high, 1.3678,hence passing the ideal correction target at
EUR/USD eyeing 1.3645, AUD s/t reaction underway
EUR/USD: The development during the past 48h shows that there stillare unfilled bids and sideways range established duringDecember should probably be seen
Cable still looks toppish. USD/JPY could correct lower. SEK comeback surprises.
EUR/USD: The U-turn wasn’t our first bet yesterday. We chose toneglect support at the 8day “Tenkan-Sen” as we thought thecandle formation should take precedence.
Bearish EUR/USD & GBP/USD prints, SEK looks exposed again & CAD weaker
EUR/USD: Yesterday’s candle adds confidence to a correctional phasepassed its peak. Exiting the lower end of the ascending55day moving average band would enhance a bearishstance.
Signs of an exhausted €. CAD continues to weaken.
EUR/USD: Each and every day the market is coming closer and closerto the 1.3645 mid body (of the weekly falling benchmarkcandle key five weeks ago) resistance.
GBP/USD & EUR/JPY at important levels and must be monitored
EUR/USD: There is not much for near-term bears to hinge their hopeson – yet. Cautious advance is still on and resistance in the1.3645\90 area may be scanned.
USD/JPY stays bid despite positioning and stretch. Cable targeting 1.6380
EUR/USD: The move higher is still deemed as short-term correctionaland a high for this move should be sought somewhere nearthe mid-1.36s.
Weaker SEK & CAD look likely. German & US bonds look healthier
EUR/USD: The drift higher is still on, prolonging the short-term correctional move, possibly towards the mid-body point of the bearish weekly candle ending Nov1 at 1.3645.
A “Bearish engulfing candle” in cable has been added
EUR/USD: Nearby short-term refs to keep an eye on are located at1.3400 & 1.3585 and one has to yield to show the way. Nextabove would then be a weekly mid-body point at 1.3645 and
Diverging dollars. EUR/SEK ready for the next rise.
EUR/USD: Contrary to our view the pair remained firmly underpinnedon Friday moving above the 1.3488/98 resistance and up toa broader resistance cluster, 1.3550/84 (prior peak andtrend lines).
Weekly Economic & Financial Commentary
The release of the minutes of the October FOMC meetingtemporarily raised concerns that the Fed may opt to begin scalingback its monthly security purchases in December,