Tag Archives: EUR/USD
Daily Technical Report
EUR/USD continues to move towards the highof its horizontal range defined by 1.3503 and1.3677. Monitor the test of the hourly resistanceat 1.3644/1.3651.
Stronger yen. Lurking SEK buyers?
EURUSD: After Thursday’s downside failure the buyers were in thedriver’s seat Friday and the week ended on a positivefooting.
UBS Morning Adviser
Adjusted Japanese core CPI decelerates, but energy prices up After adjusting for the effect of the April sales tax hike (subtracting 2.0% points from May CPI and
FX Daily
We expect today’s euro-area inflation to increase to 0.7% y/y (from 0.5% y/y in May)from an initial forecast of just 0.5% y/y on the back of the higher-than-expectedGerman inflation numbers released on Friday.
Daily Market Technicals
Pressure remains on last week’s highs to start the new week with the $1.3672-77 resistance region remaining key overall.
EUR/USD Analysis
It’s been another quiet session for the euro this morning. The pair opened at $1.3647 this morning, toward the upper end of Friday’s $1.3610 to $1.3651 US trading range.
FX: let’s get real!
What if the euro zone inflation comes lower this week? Will EURUSD take another hit? Let’s think…
Daily FX Wrap and Strategy
The NZD was the only major currency not to strengthenrelative to the USD on Friday. It ended the week around0.8780.
EUR/USD – Unchanged! Below 1.3672/76, the market remains vulnerable
The market has managed to trade away from key-support at 1.3477 (2014 low) which supports our view that a stronger bounce (wave 2 or wave B) could be looming.
Daily FX Update
Markets are favouring risk aversion, but most activity has been relatively muted. Equities are soft, the U.S. 10year yield is at 2.51% and the USD is mixed;
EUR/USD Technical Analysis
EUR/USD has faltered ahead of our first corrective target at 1.3670 (the 200 day ma is also found here at 1.3671 ), notes Commerzbank.