Tag Archives: EUR/USD

Daily FX Update

Based on conditions overnight in Asia and during the London morning, the tone towards ‘risk’ appears as if it is set to end the week on a pretty low note.

FX Daily Majors

Today’s highlights: USDJPY’s collapse below 102.11/09 sees a defensive range reemerge.

Daily Technical Report

EUR/USD completely reversed yesterday’sstrength, warning of a potential false breakout ofthe strong resistance at 1.3893.

The Global Macro Pulse

The yen has rallied almost 0.2% to 101.7. Most EM Asia currencies are weaker vs. the USD, led by a 0.5% fall in the INR to 61.475 and a 0.3% drop in the MYR to 3.282.

Sell €/$. Buy USD/NOK. Stronger yen in the pipe.

EUR/USD: Yesterday’s up-thrust peak (false break above a well definedtop resistance) outside the Bollinger bands has created anequally high probability bearish setup late Dec.

UBS Morning Adviser

Reserve growth is slowing, but it’s not helping the dollar One of the anticipated transmission mechanisms for dollar strength arising from

FX Daily

Focus will remain on Ukraine where Crimea’s referendum to join Russia will takeplace on Sunday. The referendum is expected to be in favour of joining Russia,

Daily Market Technicals

The relatively bearish close combined with O/B studies is a concern for bulls targeting the $1.4199-1.4247 region, with immediate focus shifting to key support in the $1.3824-34 region.

EUR/USD Analysis

Another session spent in slumber for the pair, following a fairly volatile overnight session, which saw euro-dollar fall to $1.3846 following remarks from ECB President Draghi.

Draghi Remarks Rattle Euro; Market Unconvinced Rally Over

Jawboning remarks from European Central Bank president Mario Draghi, noting that the rising euro is increasingly becoming relevant to the ECB’s inflation outlook, sent the euro tumbling Thursday.

EURUSD – bearish wedge hits trend and channel resistance

The Euro rally is forming a bearish rising and has found the upper trendline resistance level at 1.3955, this level is also the top of a channel from early February.

Growth currencies are outperforming and the USD is broadly weaker as we approach the NA session, as market participants take confidence in the stronger than expected employment release from Australia and