Tag Archives: EUR/USD
Still looking for a $ rise. Sell the AUD bounce.
EUR/USD: The setup for a move lower is still in place with the falseupside break and bearish divergences in MACD andmomentum indicators (also 9 out of the past 15 Jan’sbecame losers).
Daily Market Technicals
EUR/USD failing to close above $1.3800 level and last session failed just ahead of here adding downside risk. 10-week momentum study slips into negative territory and
EUR/USD Analysis
A quiet start to 2014 for the euro this morning, as it opened at $1.3763 and, after a brief retreat to $1.3741, rebounded to $1.3775 even before any of the main Asian markets were fully open.
Daily FX Update
EUR is the sole underperformer heading into the NA session, down 0.2% as all of the remaining currencies are up vs the USD. AUD is outperforming, followed by NZD and SEK as JPY, GBP and CAD show moderate strength.
Daily Technical Report
EUR/USD continues to exhibit a bullish dailystructure following its peak last Friday at 1.3893,just shy of a multi-month falling trend line. Weanticipate a further swing higher to retest the1.3900 region,
Daily Market Technicals
EUR/USD tested above highs around $1.3811 to just below the daily Bolli base which is part of initial res at $1.3830. The monthly resistance line still key resistance at $1.3939 but
Daily FX Update
SEK is outperforming, up over 0.6% following the release of stronger than expected retail sales figures, while NOK and AUD show moderate gains as the remaining G10 currencies remain flat vs the USD.
Daily Technical Report
EUR/USD peaked at 1.3893 last Friday, just shyof a multi-month falling trend line. Scope is nowseen for a further swing higher to retest this keyarea of resistance once again where supply isanticipated.
Returning $ demand? AUD testing key levels, again.
EUR/USD: Even though we take into account a less liquid market thannormal, Friday’s price action, with the up-thrust peak abovethe prior peaks and 61.8% Fibo resistance,
Daily Market Technicals
EUR/USD holds above Nov 7 support line which is at $1.3665 but also left a huge upper shadow after bulls spiked higher to test resistance just below the $1.3900 level.
EUR/USD Analysis
The pair traded a high of $1.3846 in early US trading action on Friday but followed up with a decline to lows of $1.3731 before it closed near $1.3750.
Daily Technical Report
EUR/USD is moving higher towards the keyresistance area between 1.3811 (11/12/2013high) and 1.3832. Hourly supports now stand at1.3724 (25/12/2013 high) and 1.3650 (25/12/2013low).