Tag Archives: EUR/USD
EURUSD – 1 point corrective range forming between 1.3333/3433
The correction of the 1.37-1.33 decline is still unfolding and appears to have completed waves-a & b.
Daily FX Update
News flow is not particularly encouraging with a disappointing data set from China, a Russian convey of trucks into
We Stay Short EUR/USD – Credit Agricole
Accordingly the German ZEW economic sentiment survey was released at the lowest level since 2012.
Daily Technical Report
EUR/USD continues to hold at the lows butrallies have lost momentum. The proximity of thekey support at 1.3296, a short-term rebounds arelikely.
FX Daily Majors
Today’s highlights: EURUSD is weighing on the recent cycle low at 1.3433, and we stay bearish for a break lower to our 1.3248 target.
GBP/USD over 1.6825 would target 1.69. EUR/NOK buyers respond
EURUSD: Buyers keep responding. Yet another lower ‘shadow’ marks support below 1.3450 and
FX Daily: Take a chill pill
After last week’s brief excitement markets have relapsed back into summer slumber.
The Global Macro Pulse
The yen couldn’t sustain early gains after a smaller-than-expected decline in Q2 GDP and is now flat on the day at 102.29 to the dollar.
FX Daily
Focus will remain on uncertainty related to the situation in Ukraine. In terms of data releases the main event is US retail sales for July,
Daily Market Technicals
Recent topside failures ahead of the key $1.3445 resistance level have kept bearish hopes alive.
EUR/USD Analysis
The pair started at $1.3369 this morning in Asia, following a $1.3340 to $1.3370 range during the US hours overnight.
Daily FX Update
Weaker German investor confidence, ongoing geopolitical risk and broad bearish shifts in FX technicals have all supported a stronger USD into the NA open.