Tag Archives: Crude Oil
A day of correction
EUR/USD: After a small rebound the market printed a fresh daily low but did so already in the 1.3060 area a tad higher than the anticipated 1.30-area.
FX Daily
Market movers today • Most important release today is US durable goods orders. We expect a relatively weak report.
Continued $ strength, EUR/NOK pause (buy the dip)
EUR/USD: With the break back below the 1.3202/3243 support area we can with a relatively high degree of certainty point at a completed three wave upside
FX Daily
Market movers today • German IFO expectations are projected to decline in line with the decrease seen in the German manufacturing PMI in June.
Risk off! Stocks & oil lower, scandies too. USD stronger
EUR/USD: A 1.33 re-check should be sold into. A prior bullish benchmark candle mid-body point and a short-term 38.2% Fibo retracement ref have shown support.
The comeback of the greenback!
EUR/USD: With a key day reversal printed yesterday the likelihood of (for some time sought) of a downside turnaround gained a lot of credibility.
FX Daily
Market movers today • Fed fears and Chinese growth concerns will be at the top of the agenda in the European trade today.
FX Daily
Market movers today • FOMC meeting: In addition to the normal statement, the Fed will publish FOMC members’ projections for growth and the Fed funds rate,
Lower NOK/SEK and EUR/USD soon lower helped by GBP/USD
EUR/USD: The violated bullish “Triangle” targets 1.3475 – right where the current short-term overstretch would kick in.
FX Daily
Market movers today • US housing starts and permits. Following the strong rise in the NAHB housing index yesterday it seems the somewhat softer housing activity data are behind us.
Weaker NOK. USD in the latter stage of the correction lower
EUR/USD: A near-term “Triangle” is developing and it is most likely a final consolidation in the short-term uptrend.