Tag Archives: EUR/USD

FX Daily Majors

Today’s highlights: USDJPY has broken 200-day average and price support at 101.70/61, and we look for weakness to extend towards 100.84/76.

EUR/USD continues to move within thehorizontal range defined by 1.3503 and 1.3677.Yesterday weakness was met with buyinginterest.

EURUSD and AUDUSD are a touch higher today, rising to 1.3627 and 0.9438 respectively.

Downside risks are mounting Australian dollars bears – including ourselves – have been frustrated by

EURUSD: Basically all intraday initiatives fails (spikes on both sides)and yesterday were no exception trying lower but

In the euro area German and Spanish HICP will give the first set of information aboutinflation in June.

EUR/USD continues to hint at a retest of the 200-DMA following the bounce from Thursday’s lows below the 21-DMA ($1.3596).

The pair started this morning’s session at $1.3612 after last night’s $1.3576 to $1.3618 range during the US session and

Yesterday BNBP Paribas opted to take partial profit on long USD exposure, closing out its long USD/CHF provision from 0.8044 for a 1.3% gain.

EUR/USD – neutral bias – (1.3450-1.3750).

The market has finally managed to trade away from key-support at 1.3477 (2014 low) which supports

The USD is soft as yesterday’s data warns that the economic recovery is fragile even as inflationary pressures build.