Tag Archives: EUR/USD
EUR/USD Technical Analysis
EUR/USD has started to erode nearby resistance levels, notes Commerzbank.
Daily Technical Report
EUR/USD continues to grind higher within thehorizontal range defined by 1.3503 and 1.3677.Monitor the test of the hourly resistance at1.3644.
Global FX Strategy – Summer dull
The recent rate cut from the ECB pushed the EUR/USD down. Furthermore, has a dovish Yellen paused the Fed funds repricing which altogether leaves the EUR/USD in a range with
The Global Macro Pulse
EURUSD barely moved at 1.3634, while both the AUDUSD and USDJPY wereever so slightly lower at 0.942 and 101.74, respectively.
AUD/NZD resuming its bear trend. Bonds in demand
EURUSD: The attempt to rise above the 1.3644 resistance was sooncaptured and the market thereafter returning back into itsprior range.
UBS Morning Adviser
The UK’s rebalancing needs go far beyond what the FPC can recommend The Bank of England’s financial policy committee’s (FPC) release of recommendations on
FX Daily
Today US PCE core inflation is due for release and we expect the PCE core toincrease to 1.5% y/y in May from 1.4% y/y in April.
Daily Market Technicals
EUR/USD looks to be hinting at a topside break to the daily triangle but bulls continue to look for a close above $1.3677 to confirm a break of the 200-DMA.
EUR/USD Analysis
The pair started in Asia at $1.3629 after trading up to a $1.3651 high during the US session overnight following the US GDP results.
EUR/USD daily – Below 1.3671/76, the market remains vulnerable
The market has finally 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
U.S. equity softness was carried over into the Asian and European sessions; keeping a weigh on U.S. 10yr yields (currently at 2.57%);
FX Daily Majors
Today’s highlights: GBPUSD ideally holds key price support at 1.6922/23 to keep the immediate risk higher.