Tag Archives: EUR/USD
Daily FX Update
Markets are adding to risk as Asian and European data suggest that global growth trends are improving, albeit slowly. The USD is mixed; with softness in those currencies who had disappointing domestic events
US Morning Update
Judging by the G10 ranges during the London morning, turnover has probably been quite low ahead of more important data and events as the week moves forward from here.
Daily Technical Report
EUR/USD is bouncing near the support at1.3708. However, the declining trendlinecontinues to favour a bearish bias. An hourlyresistance for a short-term bounce can be foundat 1.3847 (25/03/2014 high). Another resistancelies at 1.3876.
The Global Macro Pulse
Among the majors, AUDUSD rose to a high of 0.9304 before easing off to 0.9267 after the RBA statement (see below).
USD/JPY testing resistance (103.77/91). AUD/USD should move lower
EUR/USD: The market hunted both high and low yesterday, butwithout getting traction either direction. A small near-termbullish tilt persists while holding above 1.3763.
UBS Morning Adviser
Firmer EURUSD positioning not an independent FX event In the latest Global Positioning Summary (Mar 26th),
FX Daily
In the euro area manufacturing PMIs are due for release and the first estimate of theSpanish and Italian figure will attract most attention.
EUR/USD Analysis
It was another day of uneventful range-bound trading for the euro this morning as it opened at $1.3769 after a $1.3763 to $1.3810 range during the US session overnight.
Daily Market Technicals
Oversold daily tech studies remain a concern for a continuation lower with the bounce to start the new week easing the previous bearish pressure a little.
Daily FX Wrap and Strategy
The NZD/USD has seen a rollercoaster ride over the past 24hours, but opens this morning just 0.1% higher at 0.8670.Yesterday, domestic data remained strong at heart.
Daily FX Update
Markets are adding to risk leading into an event filled week that begins with a speech by Chair Yellen, will conclude with nonfarm payrolls and
Daily Technical Report
EUR/USD is trying to bounce near the supportat 1.3708. However, the underlying technicalstructure remains negative. Hourly resistancesfor a short-term bounce can be found at 1.3779(intraday high) and 1.3847 (25/03/2014 high).