Tag Archives: EUR/USD
EUR/USD Analysis
The pair closed in NY Tuesday at $1.3767 after rate had pulled back from an early Europe high of $1.3782 to a late Europe-NY low of $1.3723 before recovering to $1.3775 ahead of the close.
Daily FX Wrap and Strategy
The NZD/USD sits at a similar level as yesterday morning, at 0.8250, having traded above 0.8280 overnight. Yesterday’s Half Year Economic and Fiscal Update confirmed the NZ fiscal accounts are on a solid footing.
Daily FX Update
Markets, including FX, are relatively quiet leadinginto tomorrow’s Fed decision, where the focus will be on tapering, thetone and the economic forecasts.
Daily Technical Report
EUR/USD remains well supported as can beseen by the bounce from the low at 1.3709. Anhourly resistance stands at 1.3811 (11/12/2013high). Supports now stand at 1.3709 and 1.3621.
The Global Macro Pulse
The USD weakened marginally against majors. EUR edged higher to 1.3770, USDJPY traded down to 102.95, while AUD stayed in a tight range of 0.893 to 0.896. NZD strengthened steadily to 0.829,
Riksbank rate decision is the main distraction today
EUR/USD: The recent 1.3811 & 1.3833 peaks remain untouched so far.The “below mid-range” session close left more for bulls towish for. But sellers would on the other hand need a sub-1.3709 move to
UBS Morning Adviser
Stagnation Already Secular? As we head into this year’s final FOMC, we should not forget that the Fed’s forward guidance,
Daily Market Technicals
EUR/USD failed to break above $1.3800 level and left a high at $1.3799, adding to resistance. Daily studies look overbought but weekly/monthly studies continue to carry a bullish tone.
EUR/USD Analysis
The pair closed in NY Monday at $1.3760 after rate had seen intraday highs of $1.3800, following the release of stronger than forecast Eurozone PMI data, with rate then easing back to $1.3743 in NY on general dollar strength,
Daily FX Wrap and Strategy
The NZD/USD has traded to either side of 0.8250 and 0.8280 over the past 24-hours, trading around 0.8250 at present. Yesterday’s BNZ Performance of Services index confirmeda positive trend heading into Christmas.
EURUSD – negates h&s top; threatening test of 1.3811/28
The Euro failed to hold below a small head & shoulders top and is again approaching 1.3832; above that level the idea of a wave-(2) correction is negated. Needless to say, confidence is waning concerning this outlook.