Tag Archives: EUR/USD

Daily FX Update

The market catches its breath as it digest further sanctions on Russia, re‐evaluates Chair Yellen’s comments, struggles to understand weaker CNY PBoC fixings and the ending of an important week.

FX Daily Majors

Today’s highlights: USDCAD is consolidating gains, but we stay bullish for 1.1479, then our core medium-term target at 1.1666/1766.

EUR/USD has broken the support implied byits rising channel, invalidating the uptrend inplace since February. The short-term technicalstructure is negative as long as prices remainbelow the resistance at 1.3845 (20/03/2014 high).

Draghi needs Swedish lessons

The ECB needs to learn from the Riksbank and become far more vocal about the threat posed by a strong currency to its inflation mandate.

The Global Macro Pulse

The dollar is mixed against the G10, but stronger against most EM Asia currencies other than the INR. AUDUSD outperformed, rallying to 0.9062 while EURUSD is up marginally at

Looking to sell EUR/JPY, NOK/SEK turning up

EUR/USD: After a minor consolidation, a bear flag, the market brokedown to a fresh low, 1.3749. With the market how havingfallen 161.8% of the first, Mar 13-14,

UBS Morning Adviser

Topped out at 1.40? The familiar drivers of euro strength seem to have met their match in

FX Daily

On a very quiet day on the data front, markets will continue to digest the news overthe week with a surprisingly hawkish Fed and

Daily Market Technicals

The correction lower from ahead of the $1.3948-66 region saw the EUR/USD break and close below the rising daily channel base and 21-DMA, confirming bearish focus.

EUR/USD Analysis

The pair stepped into lacklustre Asian session at $1.3779 after continued weakness during US session but it dealt a very narrow range of $1.3776 to $1.3788.

Daily FX Wrap and Strategy

The NZD is significantly weaker following yesterday’s policyannouncement by the Federal Reserve (see Majors).The NZD/USD is 1.2% off its pre-Fed level, sitting at0.8540 this morning.

EURUSD – daily uptrend break, hrly h&s top signal major change in trend

The head & shoulders pattern resolved as expected below the 1.3860 neckline. The strong decline since has also taken prices below an uptrend from Feb and