Tag Archives: EUR/USD

Daily Technical Report

EUR/USD is trying to stabilise after its recentnew lows. However, the short-term technicalstructure is negative as long

The dollar weakened slightly in Asia. Although AUDUSD fell to 0.9298, possibly in partial response to

A healthy EUR/USD rebound within the coming days, possibly towards 1.3297-1.3310 would be welcome…

Focus is expected to be on the Ukraine crisis once again, as there is an event inBelarus’s capital Minsk, where top officials from

Fresh 2014/11 mth lows continue with bears initially focused on $1.3071-1.3101 where the falling daily channel base and

The pair opened at $1.3192 this morning in Asia after having traded a new 2014 low of $1.3184 during yesterday’s Asian session.

The NZD was the weakest performing currency at the startof the week, now sitting 0.7% lower relative to the USD, at0.8350.

EUR/USD: Momentum strongly pro-decline. Euro clearly oversold. Correction likely.

The bear triangle resolved lower as expected. Since the triangle is considered wave-4 of (3),

The USD is strong, but most importantly the EUR is weak, having dropped to a fresh 11‐month low on

EUR/USD continues to move lower. The recentnew lows confirm persistent selling pressures.

EURUSD fell to 1.3205 and USDJPY rose to 104.22, but AUDUSD managed to rally back to 0.9316 after opening weaker.