Tag Archives: EUR/USD
Daily FX Update
Building disinflationary pressures in Europe, confusing data releases from the U.S., climbing house prices in the UK,
FX Daily Majors
Today’s highlights: NZDUSD remains poised for a test of key price support at .8432, below which should trigger a decline towards .8416.
Daily Technical Report
EUR/USD remains in a short-term bearishtechnical structure as long as prices stay belowthe resistance at 1.3650 (27/05/2014 high, seealso the declining trendline).
The Global Macro Pulse
After opening up, most USD-Asia pairs are close to flat today with the exception of the THB which rallied down to 32.72.
Dollar strength!
EURUSD: A bearish candle as a continuation pattern was added yesterday. It also persistent dynamic resistance with the 8day “Tenkan-Sen” (blue line in the chart).
UBS Morning Adviser
Should central banks pay more than lip service to domestic rebalancing? The RBA decision overnight probably lacked the suspense of the ECB.
FX Daily
The most interesting data release today is euro-zone inflation in May, which weexpect will decline back to this cycle-low of 0.5% y/y from 0.7% y/y in April.
Daily Market Technicals
The $1.3645-69 resistance region remains key this week with bulls needing a close above to confirm an easing of bearish pressure and see immediate focus shift back to
EUR/USD Analysis
The pair opened at $1.3597 this morning following a $1.3587 to $1.3628 range in the US last night. Euro-dollar struggled to make ground above $1.3600 in early dealings amid very limited trading interest.
Daily FX Wrap and Strategy
The NZD continues to drift lower, with NZD/USD dippingits toes below the 0.8450 mark early this morning. BroaderUSD strength has the NZD 0.5% lower from yesterday.
EURUSD – 1.3578/3650 range to continue with likely test of lower end
The 1.3675 break has left Euro below the wedge uptrends and the April pivot. The 1.3586 low is either wave-1 or (i);