Tag Archives: EUR/USD

EUR/USD – Above 1.3557/37 the bounce risk remains high

The failure to even come close to 1.3877 (minor 76.4 %) and the following break below hourly trend line support

Daily Technical Report

EUR/USD is bouncing. The hourly resistance at1.3621 has been breached. However, wecontinue to favour an eventual decline towards the support at

The Global Macro Pulse

The USD strengthened in mid-day trading in Asia. USDJPY edged higher to 101.6, AUDUSD dipped towards 0.939 and

EUR/NOK above 8.43 = bullish. €Z stocks fell hard

The EZ turned sourer yesterday with not only the €stoxx bank index breaking lower but also €stoxx50 came crashing down through its 55d ma band.

FX Daily

The main event is the release of the FOMC minutes from the 17-18 Junemeeting, when policy makers trimmed the bond purchase programme by USD10bnfor the fifth consecutive gathering.

Daily Market Technicals

EUR/USD is now finding support ahead of the 21-DMA as it eyes the $1.3621-38 hourly resistance region.

EUR/USD Analysis

The pair closed at $1.3612 last night in New York, and started this morning in a tight $1.3609/15 range.

Euro Not All That “Crazy” To Correct Lower In H2

Despite statements to the contrary, the euro, at current levels around $1.3600, is not all that “crazy” and

EUR/USD – Make or break at 1.3557/36!

The failure to even come close to 1.3877 (minor 38.2 %) and the following break below hourly trend line support

Daily FX Update

Markets are quiet leading into the NA session that will kick off earnings season with the release of Alcoa’s earnings.

FX Daily Majors

Today’s highlights: USDCAD has found renewed buying at support at 1.0612/00, and we continue to look for a base here.

Daily Technical Report

EUR/USD made a bullish intraday reversalyesterday, suggesting a potential short-termbounce. Hourly resistances stand at 1.3621(intraday high) and 1.3664 (03/07/2014 high).