Tag Archives: EUR/USD
Daily Technical Report
EUR/USD rose sharply on Friday. Prices arenow challenging the key resistance areabetween 1.3832 (25/10/2013 high, see also thelong-term declining trendline) and 1.3893.
FX Daily Majors
Today’s highlights: USDCHF below .8800 rekindles thoughts of a medium-term top, for a decline to .8568/18.
The Global Macro Pulse
USDRUB opened 2% higher to 36.57. FX price actions elsewhere have been relatively contained. EUR was broadly stable at 1.378 and the yen has found some support around 101.4,
FX Daily
The main release today will be the US ISM manufacturing index for February, wherewe look for a slight rebound to 52.3 following the sharp drop in January to 51.3.
Still looking for a stronger yen. NOK/SEK a 1.0720 sell?
EUR/USD: Friday’s move higher became both bigger and moreimpulsive than what we had in mind. On the other hand as aresult of the latest climb a five wave pattern up from early Feb is about to be completed.
UBS Morning Adviser
External Vigilance Essential for Central Banks In contrast to last week, escalation on the geopolitical front is now harder to ignore.
Daily Market Technicals
EUR/USD recovery was contained by the Bollinger band as well as a band of resistance in the $1.3825/41 area, which contains former highs, a broken 61.8% retracement of the 2011/2012 decline and
EUR/USD Analysis
The pair fell to a low of $1.3694 on Friday during the New York session and then opened at $1.3779 in early Asian trading to start the new week. The crisis in the Ukraine continued to escalate over the weekend but so far today,
BNP Paribas: Major Currencies Forecasts
The following are BNP Paribas’ latest forecasts for major currencies.
Daily FX Wrap and Strategy
On Friday night, NZD held onto gains after strong domesticdata, but will open lower this morning thanks to thesituation in Ukraine.
Weekly Economic & Financial Commentary
U.S. Review Yellen at the Senate, While Weather Still Skews Data • As expected, GDP growth was revised lower, reflecting a slower build in inventories, a weaker trade position and a more cautious consumer.