Tag Archives: EUR/USD
Daily Market Technicals
After having failed to close above the 21-DMA on recent attempts bearish focus has re-emerged with the result being a move lower that firmly has the 2014 lows in its sights.
FX Daily
Today’s data calendar is very light. The main focus will probably be the April labourmarket report in the UK.
EUR/USD Analysis
The pair closed in NY Tuesday at $1.3545 after rate had been pressed to intraday lows of $1.3534 following the break of support in the $1.3580/85 area.
Daily FX Wrap and Strategy
The NZD/USD sits a little higher, at 0.8520, this morning.Yesterday’s data showed NZ Q1 manufacturing volumesrose 0.5% in the quarter.
Daily Technical Report
EUR/USD made a bullish intraday reversal on 5June. However, the lack of follow-through andthe current deep retracement suggest persistentselling pressures.
FX Daily Majors
Today’s highlights: EURUSD remains bearish for a test of price support at 1.3503 next.
EUR/JPY could guide EURUSD lower. NOK/SEK trades higher
EURUSD: Sideways with a downside tilt. Buying above 1.3678 never materialized yesterday. The market instead went into a low session close after constant grind lower through the day.
UBS Morning Adviser
Delayed second-wave of euro weakness ahead? On Wednesday, the ECB rate cuts announced last week finally take effect.
Daily Market Technicals
ERU/USD managed another brief pop above the 21-DMA but fell short of last week’s high before heading sharply lower and managing a relatively bearish close.
FX Daily
Outside Scandinavia we have a relatively light calendar today. In the euro area bothFrance and Italy will release industrial production (IP) for April,
EUR/USD Analysis
The pair closed in NY Monday at $1.3593, the rate having held close to its intraday trading base of $1.3582, after it had squeezed lower from earlier European highs of $1.3669.
Daily FX Wrap and Strategy
The NZD/USD sits only fractionally lower this morning, at0.8490, having touched intra-night around 0.8530.