Tag Archives: EUR/USD
Daily Market Technicals
EUR/USD closed below the 50.0% of $1.3296-1.3893 but edged back above the July support line which is now at $1.3576. Bears will aim back below to continue the downward slide,
EUR/USD Analysis
The pair spent a quiet morning in Asia today within a $1.3567 to $1.3586 range after it opened at $1.3576 earlier.
Daily FX Wrap and Strategy
The NZD/USD has traded a 0.8270 to 0.8320 range over the past 24-hours, returning to sit at a similar level to yesterday morning. It trades at 0.8280 at present, ahead of the release of the December US Federal Reserve Minutes (8am NZT).
Daily FX Update
The USD is strong leading into the ADP employmentreport and Fed minutes. Christine Lagarde suggestion that the IMF willbe revising its global growth forecasts higher from the current 3.6% in2014 did little to support markets.
US Morning Update
The lack of aggressive follow-through within the FX options market is noteworthy. This sluggish activity is despite the speed of the move lower in the CAD.
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
FX Daily
In the euro area we expect retail sales to increase 0.6% m/m in November helped by German retail sales. This is also suggested by survey indicators, which point to higher euro GDP growth in Q4 compared to Q3.
Weaker CAD & CHF noted. Looking for a EUR/JPY sell.
EUR/USD: Judging by price action the market remains in aconsolidation/correction in relation to the most recent sharpdrop. This means that another leg lower should materialize.
Daily Market Technicals
EUR/USD holds above the 50.0% of $1.3296-1.3893 level at $1.3594 while bears continue to pressure the downside. A break below $1.3600 level should see bears test the key July support line at $1.3570,
EUR/USD Analysis
The pair traded a $1.3596 to $1.3651 range in the US last night, starting in Asia at $1.3616 this morning and then following that up in a narrow $1.3610/20 range through the early hours.
Daily FX Wrap and Strategy
The NZD/USD has traded approximately a 0.8260-0.8300range over the past 24-hours, sitting just above 0.8280 atpresent.There were no domestic data releases yesterday,
Daily FX Update
Markets are mixed with stronger equities, US 10‐years at 2.96% and a mixed USD. Today’s trade data and two non‐voting dovish Fed speakers