Tag Archives: EUR/USD
FX Daily
In terms of data releases we have a fairly thin calendar today. In the euro area we expect Italian HICP to increase slightly but to remain below 1%.
Classic risk-off move – stocks down and yen & swissy up
EUR/USD: The move up from the recent low looks correctional whendissected into sub-daily observations. The resistance zonebetween the daily & weekly mid-body points (1.3520-1.3580) is likely to be respected.
Daily Market Technicals
EUR/USD failed to retest the 61.8% at $1.3524 and continues to look bearish while daily/weekly studies slide. Bulls aim to retest Sept 6 support line at $1.3569,
UBS Morning Adviser
How good news is in the price? Our equity strategy team have already highlighted the
EUR/USD Analysis
The pair spent a lackluster Asia-Pacific session drifting lower in a relatively narrow range. It opened at $1.3525 following a $1.3477 low traded during the overnight session.
EURUSD – break of 1.3500 clears a path for 1.34 pivot/extension target
The weekly and daily trends have turned down in the Euro. This comes after a major reversal (failed 1.39 breakout) at key long-term resistance.
US Morning Update
Broader market conditions were decisively ‘risk-off’ during the London morning, as a meaningful improvement in EM conditions has still failed to materialise.
Daily FX Update
Markets are mixed into the NA open but the overarchingtheme is a weak USD. This is an important week with ChairYellen being sworn in today, but only speaking for the first time on February11th.
Daily Technical Report
EUR/USD has broken the support at 1.3508(see also the steeper rising trendline), openingthe way for a further decline towards the 200 daymoving average (around 1.3380).
FX Daily Majors
Today’s highlights: EURUSD’s break below 1.3507 signals a fresh bear leg to 1.3458 next then 1.3399/77.
The Global Macro Pulse
The dollar has nudged stronger in Asia. USDJPY is up at 102.37 and AUDUSD is a bit lower at 0.8750. EURUSD has chopped around 1.3486 for most of the Asian morning.
UBS Morning Adviser
Act III, Scene I The FX market’s most liquid currency pair does not fall easily.