Tag Archives: EUR/USD
EUR/USD Analysis
The pair started in Asia at $1.3733 after a $1.3708 to $1.3749 range in the US overnight and then edged up to a marginal high of $1.3737 in early trade.
EURUSD – approaching channel support s at 1.3689/75; part of wave-(e)
The Euro is limping lower as expected in what could mark wave-e (wave-3) in a decline from key resistance near 1.38. The 1.38 level has marked highs throughout Oct, Dec and Feb.
US Morning Update
We observed very tight ranges in most currency pairs during the London morning. There was not enough direction coming from Ukraine or Black Sea news,
Daily FX Update
Markets are mixed, as FX markets suggest a further moderation in risk aversion and an improving global growth outlook; other asset classes are failing to confirm this,
Daily Technical Report
EUR/USD is showing signs of weakness near itskey resistance area between 1.3832 (25/10/2013high, see also the long-term declining trendline)and 1.3893.
The Global Macro Pulse
USDJPY was supported at 102.2 as US 10y yields continued to trade close to 2.70%. AUD spiked on a better GDP print, but has eased back to 0.896 at the time of writing.
EUR/SEK & EUR (USD)/NOK test supports. Cable trades lower
EUR/USD: The late Feb rise looks impulsive and the decline thereaftercorrectional (and the Mon “Inside Day” did not deliver andmeaningful downside attempt yesterday).
UBS Morning Adviser
US softness and price risks outweigh valuations The Bank of Canada will be thankful that their policy decision may take place amid calmer markets,
FX Daily
As tensions in the Russia/Ukraine conflict are easing, economic data will likelyget some more attention again. Service PMIs will be released in most countriestoday.
Daily Market Technicals
EUR/USD recovery was contained by the Bollinger band, which drops to $1.3805, as well as a band of resistance in the $1.3825/41 area, which contains former highs,
EUR/USD Analysis
The pair climbed to $1.3782 last night in the US but could only muster a narrow $1.3730 to $1.3744 range in Asia today.