Tag Archives: EUR/USD
EURUSD – yet to confirm bull reversal, below 1.3589/57 = further weakness
The Euro reversal has yet to see bullish confirmation via a rally through 1.3675. For now we can view the rally to
FX Daily Majors
Today’s highlights: EURUSD remains capped below 1.3688/90 – price resistance and 38.2% retracement of the decline from May – leaving the risk marginally lower.
Daily Technical Report
EUR/USD made an intraday bullish reversal lastThursday, indicating exhaustion in the short-termselling pressures. Resistances can now be foundat 1.3688 (22/05/2014 high) and 1.3734(19/05/2014 high).
BNP Paribas: EUR View
The effects of the ECB easing measures will begin to be felt more directly this week, says BNP Paribas.
UBS Morning Adviser
Two days of sharply lower fixings raise questions on further RMB weakness Following Friday’s sharply lower official USDCNY mid-rate fixing
€uro rebound seen continuing
EURUSD: Thursday’s spring bottom and key day reversal shouldcontinue to underpin upside attempts and
FX Daily
Today’s data calendar is rather thin. The only releases due in Europe are the SentixInvestor Confidence survey and Spanish house price index.
Daily Market Technicals
The EUR/USD popped above the 21-DMA ($1.3660) before closing back below and consolidating below to start the new week.
EUR/USD Analysis
The pair closed in NY Friday at $1.3643 after rate had extended its corrective recovery off earlier lows of $1.3621 to $1.3677 on reaction to release of US NFP.
Daily FX Wrap and Strategy
Despite a little US payrolls-inspired volatility, the NZD/USDended the week little changed from Friday morning, at0.8500.
FX: party on
ECB won’t kill EUR, as capital flow to resume. The USD staged a sharp reversal down last week, and wage growth stuck at 2% suggests – no Fed funds repricing imminent yet, but…