Tag Archives: EUR/USD
Daily FX Update
European currencies are outperforming as we ap-proach the NA session, led by EUR and SEK with gains of 1.1%. The rally in EUR accelerated as EUR broke through the late October high at 1.3832.
FX Daily
It appears we have a very quiet day ahead of us, with no major data releases in the calendar today. Risk sentiment is slightly positive in financial markets as data have been better than expected and
Higher US 10year yield & Stronger stock markets. USD/TRY skyrocketing.
EUR/USD: The ascending 55day exponentially weighted movingaverage band, starting at 1.3640 represents short-termdynamic support. Buyers seem to keep the upper hand inthe holiday season thinned market.
Daily Market Technicals
EUR/USD: The break above the $1.3717 level that previously capped sees this level now noted as initial support and the euro-dollar heading towards the layers of resistance in the $1.3811-32 region.
EUR/USD Analysis
The pair opened in Asia at $1.3695 after a $1.3680 to $1.3700 range in the US last night. It bounced off an early $1.3687 low this morning and was then carried up through $1.3700 amid rumored bids from an Asian account from
EUR/USD Analysis
The pair started in Asia this morning at $1.3681 and with the prospects of today’s closure in most European markets, players in the region were reluctant to actively trade this pair.
Daily Market Technicals
EUR/USD: Despite the bounce from ahead of the Nov 7 support line and the 55-DMA, initial focus remains on retests of $1.3611-18 with correcting daily Slow Stochastic and RSI studies adding weight to the bearish case.
Daily FX Update
Leading into a shortened equity trading session,most markets are favouring a slight risk on bias as the Nikkei jumps to afresh high. FX is quiet, with daily returns relatively small and favouring astronger USD.
Daily Technical Report
EUR/USD has bounced near the key support at1.3621 (see also the rising trendline). A shorttermbearish bias is favoured as long as pricesremain below the hourly resistance areabetween 1.3709 (13/12/2013 low) and 1.3723(17/12/2013 low).
Daily Market Technicals
EUR/USD: Despite the bounce from ahead of the Nov 7 support line and the 55-DMA initial focus remains on retests of the $1.3614-18 region with correcting daily studies adding weight to the bearish case.
EUR/USD Analysis
The pair opened at $1.3696 this morning following a $1.3689 to $1.3717 range in the US last night. It witnessed a slight gap down at the start of the session today and was held near $1.3691 before the
EURUSD – small bull triangle targeting 1.3712 today…then still higher
The evidence in Euro is mounting against a trendline break as prices were able to hold the key 1.3622 support level last week. The rally so far is unfolding as a 5-wave impulse and targeting the key pivot zone at 1.3709.