Tag Archives: EUR/USD
US Morning Update
Major Overnight Headlines • Asian, European equities firm as Syrian tensions decline again, DXY rallies after falling initially
FX G10 Morning Trader Views
EUR – So eur caught up yesterday as mkt cut long usd positions post payrols as we wait for the fed next week
Morning FX Market Commentary
EUR/USD supported by positive headlines on Syria With the dollar in the defensive in the wake of a disappointing US payrolls report, EUR/USD profited from positive headlines on Syria.
UBS Morning Adviser
The Dollar’s Taper Pace Friday’s payrolls release, while soft, was probably just enough to keep tapering on track.
Correctional moves (weaker dollar) remain in play
EUR/USD: The recent/ongoing move higher has come with two consecutive rather large daily candles. The rolling 21day high/low average aka “Base line” was respected yesterday,
Daily Market Technicals
EUR/USD turns around and brings daily studies higher also, yesterday met resistance around the 21-DMA, now initial resistance at $1.3285.
EUR/USD Technical Analysis
(1,3265) The EUR/DOLL confirmed a strong closing above the top of Friday confirming therefore also the positive day reversal.
Daily FX Wrap and Strategy
The NZD/USD moved higher overnight in the backdrop of a weaker USD. It sits at 0.8020 this morning. The NZD/USD was initially a little softer yesterday.
Technician
EUR/USD Momentum is continuing its shift to pro-decline. Likelihood of further decline is steadily increasing.
EURUSD – 1.3207 then 1.3223 key to signaling a bear trap
We keep harping on 1.3207 being an important level; it was a key pivot high in July and then a key pivot low in August.
Daily FX Update
NONFARM RAISES RISK; BUT MOST STILL SEE SEPT TAPER – USD is mixed as growth currencies get lift from China’s rising exports.