Tag Archives: EUR/USD
EUR/USD Technical Analysis
(1,3190) The EUR/DOLL confirmed also yesterday further consolidation interior the inside day with 1,3220 – 1,2950 still the levels to follow.
Seeking a cable short. Scandies close to a low point
EUR/USD: The market yesterday, for a short while, rose from its comfort zone to print the sought 1.3209+ high before again returning into the doldrums.
FX Daily
Market movers today • The main release will be euro area consumer confidence, which is expected to show a small uptick.
Daily Market Technicals
EUR/USD broke above the $1.3200 level but closed below, however price action today already testing above and bulls eye a close above.
EUR/USD Analysis
The pair started in Asia around $1.3185. Early market action saw the pair shuffling near the $1.3183 lows before it attempted to move higher as the USD weakened.
UBS Morning Adviser
AUD: Critical CPI Data Ahead Australia’s quarterly inflation report is due on Wednesday, promising to inject some life into these convictionless holiday FX markets.
Technician
EUR/USD Momentum is slightly pro-growth so continuation of trend is possible. However, behavior of MACD and ROCs will be important;
Fed tapering not on ‘preset course’
US: Fed Chairman Bernanke emphasised that the Fed’s QE programmes were ‘by no means on a preset course’,
Daily FX Update
USD STARTS WEEK WITH BROAD UNDERPERFORMANCE • USD — DXY just under mid-point of five month range.
US Morning Update
Major overnight headlines: • Spot gold rises as much as 2.0% overnight before dropping back,
FX G10/EM Morning Trader Views
EUR – Feels set for another day in dullsville, with little in the way of data to focus on. Illiquid, choppy price action is expected as interest levels are set to be low.
Morning FX Market Commentary
No additional yen weakness after Abe victory. With no important news on the agenda, EUR/USD was blocked in the lower half of the 1.31 big figure.