Tag Archives: EUR/USD
EUR/USD Technical Analysis
(1,3266) The EUR/DOLL confirmed on Friday a negative closing while remaining interior more or less the previous day’s range without forming any inside formation.
Daily Market Technicals
EUR/USD opened above weekly resistance line from May 2011 and already making strong gains up through the 200-week MA.
FX Comment: tapernomix
A journey of a thousand miles begins with a single step. Lao-tzu THE week has arrived – to taper or not to taper seems no longer a question.
EURUSD stays under pressure in the broader range
USDJPY maintains the breakout from its “triangle” pattern and we stay bullish for 101.54/61 initially above which would retarget the 103.10/74 peak.
EURUSD – a-b-c correction done; above 1.3325 targets 1.3484
This Euro rally off the lows has now satisfied a nice, sideways, a-b-c correction which sets the stage for a rally through 1.3325 and
Daily FX Update
MARKET HAS TUNNEL VISION ON FED * USD is broadly but immaterially higher as the Nikkei reports that Larry Summers is likely candidate to be put forward by President Obama.
FX Weekly – If not now, when?
* G10: Next week’s FOMC meeting should catalyze a breakout for G10 FX. We think this will be in favour of the dollar, given improving short term rate differentials and better data.
Daily FX Volume and Technical Strategy: An early warning for returning USD strength
Despite a ranging environment this quarter, the aggressive bullish move for the USD against the AUD earlier this year remains an important market focus.
Morning FX Market Commentary
Still no clear trend EUR/USD still hovered up and down in the 1.33 area yesterday. USD/JPY lost some ground as core bond yields drifted lower, but this trend halted this morning.
EUR/USD Technical Analysis
(1,3266) The EUR/DOLL formed a negative day reversal last night but only a daily closing below 1,3259 will confirm a s/ top supporting a deeper correction.
More AUD bearish signs, USD/JPY bid
EUR/USD: Even though the initial attempt lower, breaking below 1.3276/82 was surprisingly reversed for a second test of the 61.8% Fibo resistance, 1.3321,