Tag Archives: EUR/USD

Société Générale: EUR/USD View

EU elections threw up headlines as UKIP and the Front National scored notable gains. But financial markets were prepared for these results and

Daily Technical Report

EUR/USD has breached the strong support at1.3643 (see also the 200 day moving average),but has thus far failed to hold below it.

In FX, the dollar has weakened against the EUR and AUD, but is flat against the yen. AUDUSD corrected up to 0.9259 and EURUSD rose to 1.3657 despite dovish sounding comments from ECB President Draghi overnight.

EUR/USD over 1.3675 would target 1.3730 before down

EUR/USD: Over 1.3675 targets 1.3730 before down. There is an ongoing attempt to recover partial losses. A move over the 8day “Tenkan-Sen” (1.3675) would target 1.3730\34 before down again.

UBS Morning Adviser

CNH implied forward yield has been rising in spite of ample onshore liquidity In recent weeks the USDCNH forward curve has been climbing steadily;

FX Daily

In the data calendar the focus will mainly be on US data. Durable goods orders forApril should give us an idea of the strength of the rebound in business capitalexpenditure in Q2.

Daily Market Technicals

After beginning the new week below the 200-DMA ($1.3640) and looking a little heavy, the pair closed back above the 200-DMA on Monday which eased the bearish pressure a little.

EUR/USD Analysis

After quiet, holiday-thinned Monday sessions in Europe and the US, the euro started this morning on a bullish note, as it opened above the 200-day moving average of $1.3640, at $1.3646.

Daily FX Wrap and Strategy

The NZD/USD is just 10 points away from its opening level yesterday morning, effectively unchanged at 0.8550. Price action against the crosses was similarly lacklustre.

Daily FX Update

Today is a US and UK holiday leaving liquidity light and opening the potential of some awkward chart patters; particularly once Europe closes, leaving Canada as the sole open market.

Commerzbank: EURUSD View

EUR/USD spent the latter part of the week testing the 200 day ma at 1.3637, notes Commerzbank.

Daily Technical Report

EUR/USD has breached the strong support at1.3643 (see also the 200 day moving average),suggesting persistent short-term sellingpressures.