Tag Archives: EUR/USD
Cable still looks toppish. USD/JPY could correct lower. SEK comeback surprises.
EUR/USD: The U-turn wasn’t our first bet yesterday. We chose toneglect support at the 8day “Tenkan-Sen” as we thought thecandle formation should take precedence.
UBS Morning Adviser
Norges Conundrum As our economists put it, the RBA’s decision this week was ‘boring’, and they may not be the only central bank in this category this week.
Daily Market Technicals
EUR/USD regained losses to retest rising channel base as resistance – still initial res at $1.3618. Bulls target a break within the channel but a series of lower highs from Nov 29 high at
EUR/USD Analysis
Another subdued session for the euro-zone currency this morning in Asia, ahead of Thursday’s ECB meeting. Euro-dollar opened at $1.3588, after a $1.3570 to $1.3614 overnight US range.
Daily Technical Report
EUR/USD’s rise is still viewed as a short-termrebound. A break of the support at 1.3490 (seealso the rising trendline) is needed to confirm aresumption of the selling pressures.
Morning FX Market Commentary
USD/JPY nearing the 2013 top The dollar was in good shape yesterday. EUR/USD finally dropped off the 1.36 area. USD/JPY is nearing the 2013 top.
FX Daily Majors
Today’s highlights: * EURUSD has been capped by the 1.3627 61.8% retracement of the October/November barrier.
The Global Macro Pulse
The dollar was stable against the EUR in Asia at 1.3536, but has rallied against most other currencies. AUDUSD has fallen to 0.9067 and USDJPY has risen to 103.34.
UBS Morning Adviser
Currency Rebalancing Games Out of the AAA central banks, Norges, the RBA and BoC all meet this week.
Bearish EUR/USD & GBP/USD prints, SEK looks exposed again & CAD weaker
EUR/USD: Yesterday’s candle adds confidence to a correctional phasepassed its peak. Exiting the lower end of the ascending55day moving average band would enhance a bearishstance.
EUR/USD Analysis
Another relatively dull morning for the pair this morning, largely sidelined with most of the market focused on the yen and aussie. Euro-dollar starts at $1.3542 after a $1.3528 to $1.3561 US session range.