Tag Archives: EUR/USD
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 flash inflation will be released. We have revised our forecast for euro inflation up to 0.7% as the German HICP was not as low as we had expected.
Sell EUR & GBP into a fading near-term rally
EUR/USD: Support at the lower end of the “Cloud” was noted andrespected yesterday. The net bullish candle as a resultpoints “up-before-down”.
UBS Morning Adviser
Eurozone improvement is an opportunity and a threat As periphery yields continue to decline, Eurozone-exposed economies such as the Nordics and
Daily Market Technicals
EUR/USD bounced from just above the July support line at $1.3563 and key support. Bears look to test this level while daily studies slide, however we note momentum is turning higher on daily and weekly charts.
EUR/USD Analysis
The pair traded between $1.3593 and $1.3653 in New York and started in Asia at $1.3629 this morning. It found itself trapped between $1.3626 and $1.3636 in the early hours of Tuesday amid a lack of significant flows in either direction.
Daily FX Wrap and Strategy
The NZD/USD sits a little higher at 0.8300 this morning,after dipping below 0.8260 overnight.A weaker USD (see Majors) helped buoy the NZD/USD.
Technician
EUR/USD – Momentum is turning to pro-decline. Further decline at least to 1.3488 level/200-day moving average is likely.
Daily FX Update
The USD is mixed and relatively quiet leading intothe NA session with the US 10‐year yield hovering around 3%. This is thefirst full week of the year and includes significant data and central bankrisk.
Daily Technical Report
EUR/USD has broken the support at 1.3621.Coupled with the false breakout of the keyresistance area between 1.3811 (11/12/2013high) and 1.3832, a medium-term double-top islikely underway.
FX Daily
Euro PMI services are due for publication. The first release of the Spanish and Italian figures is expected to confirm the stronger growth in the periphery countries.
Daily Market Technicals
EUR/USD continues to slide and now trades below the daily Bolli band base, daily studies remain bearish but now near oversold and bulls may push to close back within the Bolli band and above the $1.3600 level.