Tag Archives: EUR/USD
FX Daily
Not much on the global agenda today. UK CPI is expected to rise to 1.7% y/y from1.6% y/y, which would mark the first increase in more than a year.
EURUSD – after correction, a close < 1.3673 can confirm a double top
Euro hit our 1.3680 target after breaking key trendline from April and Jan. Together, the uptrend line from last year and the key pivot low from April are critical support going forward.
Daily Market Technicals
EUR/USD continues to consolidate below the 100-DMA after having traded down to fresh 3 month lows last week. Bulls need to see a close above the 100-DMA to
EUR/USD Analysis
Another quiet morning for the euro after it had traded a $1.3702 to $1.3734 range last night in the US. Euro-dollar opened at $1.3709 and
Daily Technical Report
EUR/USD has made a bullish intraday reversalnear the key support area between 1.3673 (seealso the wedge formation) and 1.3643 (see alsothe 200 day moving average).
FX Daily Majors
Today’s highlights: USDJPY’s spotlight remains on pivotal “neckline”, price and 200-day average support at 101.23/20, below which can see a top.
The Global Macro Pulse
The USD has weakened slightly. EURUSD has risen above 1.370 from a low of 1.369 earlier. USDJPY remained in a tight range and seemed firmly capped below 101.60.
UBS Morning Adviser
FX market fails to register sovereign issues During the height of the Eurozone crisis, being short the euro was considered the most convenient way to
FX Daily
In terms of data releases, we have a very light calendar today. Instead, focus willcontinue to be on comments from ECB board members Weidmann, Mersch andCoeure.
Daily Market Technicals
EUR/USD continued to consolidate below the 100-DMA to end last week after having traded down to fresh 3 month lows. Bulls need to see a close above the 100-DMA to confirm an
EUR/USD Analysis
The pair started this morning at $1.3703 after marking a $1.3687 to $1.3719 range in the US last Friday. It retraced back to an early pre-Asian low of $1.3689 but recovered to $1.3703 as the Asian market got underway proper.
Weekly Technical Outlooks For EUR/USD, & USD/JPY
EURUSD’s initial push through the early April low at 1.3676 (double top trigger for a measured move decline to just below 1.34) has stalled and