Tag Archives: EUR/USD
Dollar correction. AUD heading for a downside break
EURUSD: Yesterday’s spring bottom (false downside break) certainlyargues for having entered an upside correction phase.
FX Daily
The main event is the ECB Governing Council meeting where we expect the ECB toremain on hold.
Daily Market Technicals
The bounce from fresh 2014 and 9 month lows Wednesday has seen initial support develop on the hourlies at $1.3378 but
EUR/USD Analysis
The pair started in Asia this morning at $1.3383 after last night’s $1.3333 to $1.3387 range during the US hours.
Daily FX Wrap and Strategy
The NZD/USD sits at a similar level to yesterday morning,at 0.8480, at present.
Daily FX Update
Rising geopolitical risk, a dampened outlook for Europe, strong data from the U.S. and building expectations for
EUR/USD Analysis
While we and the market do not expect any change in policy, ECB President Mario Draghi is likely to
Daily Technical Report
EUR/USD has failed to break the hourlyresistance at 1.3444 (28/07/2014 high). Thesubsequent new (marginal) lows confirm anunderlying downtrend.
FX Daily Majors
Today’s highlights: NZDUSD has broken below key support at .8458/43 and we stay bearish for a challenge of .8402. Below here would complete a larger top towards .8259/42.
The Global Macro Pulse
G10 FX was more subdued, but AUDUSD and EURUSD drifted down to 0.9299 and 1.3369 respectively while
EUR & CAD are week, USD feeds on those and many other currencies
EURUSD: Now targeting 1.3324/295. The euro is back on its losing streak as the chance of correction
EURUSD – wave-5 still targeting 1.3320/00 to complete impulsive decline
The impulsive decline from 1.37 still suggests a sell-off towards 1.3320/00 to complete 5-waves down.