Tag Archives: EUR/USD
FX Daily Majors
Today’s highlights: EURUSD spotlight remains on its 200-day average at 1.3635, below which can add weight to a large bearish “wedge” scenario.
Daily Technical Report
EUR/USD successfully tested the strongsupport at 1.3643 (see also the 200 day movingaverage) yesterday. However, a break of theinitial resistance at 1.3732 is needed to confirm ashort-term exhaustion of the selling pressures.
The Global Macro Pulse
Within the G10, AUDUSD has outperformed, opening weak, but rallying after the China PMI to 0.9266. USDJPY has pushed up to 101.65 and EURUSD is marginally lower at 1.3674.
UBS Morning Adviser
Core-headline inflation divergence apparent, but no policy response (yet) For many central banks targeting the elimination of spare capacity,
Daily Market Technicals
The move lower continued for EUR/USD overnight as the pair dipped towards the 200-DMA. Despite very O/S daily studies, bearish pressure dominates with bulls needing to
EURUSD – RSI 40 break and l/t support break augur further weakness
Double-top neckline support at 1.3675 has yet to yield on a closing basis but RSI momentum augurs that a price break is on the horizon.
EUR/USD Analysis
It’s been another muted session for the euro, after marking some rather hefty losses to a $1.3635 low during the US session last night. Euro-dollar opened at $1.3687 this morning but
Daily FX Update
FX markets are quiet and mixed with GBP and JPY outperforming; while AUD and EUR are weak and CAD is flat. US markets are entering the day having improved, with equities higher and the U.S. 10‐year up at 2.53%.
Daily Technical Report
EUR/USD has made a bullish intraday reversalnear the key support area between 1.3673 (seealso the long-term wedge formation) and 1.3643(see also the 200 day moving average).
Commerzbank EUR/USD View
Commerzbank re-trails the stops on its short EUR/USD to 1.3780. The trade entered at 1.3955 with a target at 1.35.
FX Daily Majors
Today’s highlights: USDJPY continues to threaten an important top, with a break below 100.75 needed to confirm.