Tag Archives: Crude Oil
Technical Alert
Greater part of Asia on holiday so calm start of the week. The £ recovery continued at full speed also on Friday making the week end as the largest single week decline in EURGBP in 2y.
Technical Alert
Corrections accross the board are now gaining momentum. Dollar on a lot more positive footing, € weakening, £ recovering after the January slump and some signs of JPY buying as well (AUDJPY for instance triggered its hourly head and shoulders top).
Technical Alert
EURUSD is back in a no-mans land. Firmly outside 1.3502-1.3598 is needed to show a directional tilt… EURJPY may test, but not easily break 127.95…
Technical Alert
The euro is giving more back… EURUSD towards the low-1.34s seems increasingly likely – so far as a reaction to a prior stretch. Let’s see how this develops…
Technical Alert
Euro strength continued Friday however with a first sellers response ahead of the w/e. JPY continued to weaken and GBP (in terms of the BOE GBP index) continues to fall hard.
Technical Alert
Despite multiple crosses having arrived at their respective target points the € remains relentlessly bid. JPY continues to be sold (and Nikkei bought).
Technical Alert
Yesterday many euro pairs moved into their respective target ranges for the current move. Accordingly signs of euro weakness our main focus for the day.
Technical Alert
EURUSD hovers just below the 1.35-mark, but after breaking the 2012 high (1.3487) a “triangle objective” at 1.3545 applies – though watch out for presumed stops below 1.3380…
Technical Alert
EURUSD trades too close to the 2012 high (1.3487) not to test it. The broken triangle calls for 1.3545… Some USDJPY selling is going through it seems and perhaps the market is ripe to correctively pare some of the recent gains…
Technical Alert
€ strength prevailing and more is expected short term.€ vs Scandies lagging a bit but are seen catching up. Sterling continues to lose ground and JPY has entered key support areas vs. both the $ and
Technical Alert
Another day of euro congestion seen yesterday but we are now on the verge of taking the next step higher. Sterling continues to be under pressure and so does the yen (after failing to complete a head and shoulders top).
Technical Alert
USDZAR the big flyer yesterday with a 20+ big figure move…and it’s only the beginning! JPY sellers seen running into a possible bear trap.