Tag Archives: EUR/USD

Daily Market Technicals

The $1.3835 level has confirmed its significance as support with this level having propped the EUR/USD up so far to start the new week. Bears continue to look for a close below this level to

EUR/USD Analysis

The pair traded a $1.3885 to $1.3901 range during the US session last Friday but opened in Asia today sharply lower at $1.3843 thanks to comments from ECB President Draghi at the weekend.

Weekly Economic & Financial Commentary

U.S. Review Broad Gains, but Where Are the Skilled Workers? • There were broad improvements in the economic data this week,

US Morning Update

A cautious tone was apparent during the London morning with European equities continuing to slide, following similar losses in NY and Asia overnight.

Daily FX Update

Disappointing earning releases shifted markets into the open, driving a bout of risk aversion and USD strength. Beyond that markets had been relatively quiet into the weekend.

FX Daily Majors

Today’s highlights: USDJPY continues to hold key support at 101.20/100.75 for now, despite the completion of a top by the Nikkei.

EUR/USD short-term bullish momentum isdominate despite pause, after breaking out of itsshort-term declining channel and pushing abovenear term resistance. Monitor the resistance at1.3820 (see also 50% retracement).

The Global Macro Pulse

Although AUDUSD has dipped to 0.9382, EURUSD has risen to 1.3894 and USDJPY is roughly flat at 101.65. Most EM Asia currencies are weaker vs. the dollar, except the KRW.

SEK weakness likely to pause. US equities hard hit

EUR/USD: The break of 1.3877 triggered the stop of our TA sellrecommendation posting a 0.12% loss. The only remainingline of defense, before making a new high, is the 78.6% Fiboresistance at 1.3905.

FX Daily

The main release will be US consumer confidence for April from University ofMichigan. We expect it to be unchanged at 80.0.

Daily Market Technicals

After breaking back above the key $1.3879 resistance this level has now emerged as initial support on the hourly time frame, but bears will be looking for a close below the $1.3835 Apr 10 low to

UBS Morning Adviser

Central banks will be more attentive to income growth Japan watchers would have taken note how the policy focus of late has shifted away from