Tag Archives: EUR/USD
Daily FX Update
Market embraces risk as President Putin pulls back troops from Western Ukraine and suggest use of force is last resort. Accordingly equities are retracing recent loses,
US Morning Update
Putin was not particularly ‘flagrant’ during his press conference this morning, and Russian troops have ended their military exercises in Ukraine for now.
Daily Technical Report
EUR/USD remains close to the key resistancearea between 1.3832 (25/10/2013 high, see alsothe long-term declining trendline) and 1.3893despite yesterday’s weakness.
FX Daily Majors
Today’s highlights: USDJPY remains under immediate pressure to better support at 100.75/20, which we look to hold for a turn higher again.
The Global Macro Pulse
The EUR was unchanged at 1.3735 but USDJPY has started to climb to 101.69 in Asia trading. AUD gapped lower to 0.8910 post RBA but has since retraced to 0.8933.
UBS Morning Adviser
Growth pricing more important than risk appetite European stock markets had a difficult trading session on Monday,
EUR/USD & EUR/JPY test supports and SEK & NOK seem weak.
EUR/USD: The “Inside day” candle printed yesterday points lower forthe day(s) ahead. If letting go of the 8day equilibriummeasure (which shouldn’t be so hard given the overall weaktrend)
FX Daily
A quiet day in an otherwise busy week. There are no important data on the globalscene. However, developments in Russia/Ukraine will continue to attract attention.
Daily Market Technicals
EUR/USD recovery was contained by the Bollinger band, which drops to $1.3813, as well as a band of resistance in the $1.3825/41 area. Bulls are focused on these levels,
EUR/USD Analysis
The pair started the session this morning at $1.3735, after a $1.3726 to $1.3780 range in the US overnight. Worries about tension in the Ukraine kept the euro under pressure through the morning,
EURUSD – from below 1.3846 we expect a resolution towards ~1.36
The Euro is very near the triangle target and 2008 downtrend resistance at 1.3846 and this also aligns with minor channel resistance from February.
Daily FX Update
Markets are shedding risks as geopolitical tensions rise. Gold, JPY and CHF are all higher, the 10‐year US yield has dropped back to 2.6% and equities are notably weak, particularly across Europe.