Tag Archives: EUR/USD

EUR/USD Analysis

The pair had another quiet start to the session, opening at $1.3767 after a $1.3753 to $1.3797 US trading range overnight.

EURUSD – key neckline support is 1.3705…break targets 1.3544/1.3444

To recap, we are short Euro based on the sharp 3/13 reversal at wedge resistance; this turn coincided with a confluence of resistance on the weekly chart as well.

Daily FX Update

The S&P rallying to record high’s yesterday reflects encouraging risk sentiment; the reaction in FX has been more muted with a rally in NOK and a collapse in NZD the only noteworthy developments;

EUR/USD continues to bounce after the test ofthe support at 1.3708. However, the decliningtrendline still favours a bearish bias. An hourlyresistance can be found at 1.3847 (25/03/2014high). Another resistance lies at 1.3876.

FX Daily Majors

Today’s highlights: USDJPY focus turns to important resistance at 103.64/77. Above here is needed for a better base in the range to test 104.85/94 next.

USD/JPY is higher than previously thought, but resistance is still there

EUR/USD: The near-term move up from the recent 1.3704 looks farfrom impulsive, but could still test the 21day equilibriummeasure at 1.3835 before down.

The Global Macro Pulse

The rise in US yields has helped to pull AUDUSD down to 0.9237 and push USDJPY up to 103.85. However, EURUSD has risen to 1.3803 ahead of today’s ECB meeting.

UBS Morning Adviser

Corporate Inflation Expectations Elevated Surprisingly, Japanese corporates attach some credibility to

FX Daily

We have a light calendar in terms of data releases and markets could be in wait-andseemode ahead of the ECB meeting tomorrow and the US job report on Friday.

Daily Market Technicals

The recovery from Friday’s $1.3705 low continues as daily studies threaten to correct from oversold levels and remain supportive of further topside. Bulls look for a close above the 21-DMA to

EUR/USD Analysis

The pair opened at $1.3793 this morning after a $1.3789 to $1.3815 range in the US overnight. Early dealings lacked conviction with market participants unwilling to

Daily FX Wrap and Strategy

The NZD followed the AUD in an overall drift lower yesterday,with few outright drivers. The NZD/USD is 0.2% lower at0.8646.Certainly there seems to have been no knee-jerk reaction to