Tag Archives: EUR/USD
Economy coming through stronger on both sides of the Atlantic
Today’s calendar is relatively empty in both the US and Eurozone. The UK turns to centre stage with industrial production numbers and the NIESR rolling GDP estimate today.
EUR/USD Technical Analysis
(1,3255) The EUR/DOLL formed a negative day reversal again reversing Friday’s positive day reversal;
SEK & NOK soon set to weaken, again. Monitor €/JPY
EUR/USD: Nothing from yesterday’s price action helping to determine the next move from here. With mixed signals (Thursday = a bearish engulfing candle and
FX Daily
Market movers today • German factory orders are expected to increase after two months of decline.
Daily Market Technicals
EUR/USD pushed up to leave higher high and low however daly studies continue to descend and yesterday failed to break above $1.3300, initial res.
UBS Morning Adviser
Of Beats and Betas On Monday UBS Equity Research upgraded Europe (ex-UK) equities to neutral from underweight,
Technician
EUR/USD Momentum is still clearly pro-growth and indicators are not overbought, so main technical scenario is same as week ago:
EURUSD – >1.33 needed to negate lower high, broken uptrend
Bearish developments continue to impede our bullish long-term outlook for Euro. First, there is a broken hourly uptrend and a lower high.
FX Daily Majors
Today’s highlights: • NZDUSD has fallen sharply overnight to test and again hold for now key support at .7687/83.
EUR/USD Technical Analysis
(1,3280) The EUR/DOLL failed to confirm another weak closing forming instead a positive day reversal on Friday. The weekly closing was also positive as well as the monthly one.
Next key ref for EUR/SEK at 8.8105 is fully in sight
EUR/USD: Not sure what to make the reaction higher Friday and of the last week’s print. It could be a bullish “Flag”,