Tag Archives: EUR/USD
Weaker GBP, PLN & TRL (& soon also CAD), stronger NZD & Bunds
EUR/USD: Judging by price action it could be a top forming, arguing fora 1.3825/1.3797 test before long. This would be more likelyon a break under 1.3852.
FX Daily
We have a light data calendar again today with only second tier releases such asmanufacturing production in the UK, revised Q4 GDP in Italy and small businessconfidence in the US of secondary importance.
Daily Market Technicals
ERU/USD managed an inside day to start the new week following Friday’s rally to fresh 2014 and 2.5 year highs. Bears are looking for a close below Friday’s low to ease the current bullish pressure and
Technician
EUR/USD: Momentum clearly pro-growth. Some indicators close to overbought; consolidation above 1.38 likely in one-week horizon.
Daily Technical Report
EUR/USD is challenging the strong resistancearea between 1.3832 (25/10/2013 high) and1.3893. An initial support lies at 1.3825(28/02/2014 high), while an hourly support canbe found at 1.3708 (05/03/2014 low).
FX Daily
Today’s data calendar is relatively light. France and Italy will release industrialproduction for January and provide important input on the direction of the overalleuro area industrial production data to be released on Wednesday.
AUD & CAD turning down. NOK/SEK eyeing 1.0640.
EUR/USD: The trend line break continued to attract buyers on Fridaypushing the pair up to 1.3915 before stalling and giving upsome of the latest gains.
UBS Morning Adviser
Short-rates dominant but long-spreads hard to ignore The ECB decision and payrolls release from last week had material consequences,
Daily Market Technicals
EUR/USD traded at fresh 2014 and 2.5 year highs on Friday with bears now needing to see a close below Friday’s low to ease the current bullish pressure and
EUR/USD Analysis
The pair started in Asia this morning at $1.3877 and spent the early part of the morning broadly supported from the initial low of $1.3867.
Daily FX Wrap and Strategy
The NZD declined along with most of its peers after the release of the US payrolls report on Friday night. It ended the week just above 0.8460.
FX: EUR not done yet
With ECB rather relaxed about EUR, the US payrolls so-so, the only hope for USD now is if bad news from China escalate…