Tag Archives: EUR/USD
Daily FX Technical Strategy: Base-ing implications
Although the USD is sidelined ahead of US data later this week, base metals have caught a silent bid.
Downside pressure in USD/JPY
EUR/USD: The market is still in a short-term climb with only shallow reactions mustered on attempts above 1.31.
FX Daily
Market movers today • US ISM non-manufacturing will be followed closely given the surprise drop in the manufacturing ISM. We expect an improvement,
EUR/USD Technical Analysis
(1,3088) The EUR/DOLL confirmed a session of consolidation remaining interior Monday range and interior the 200 days channel.
Daily Market Technicals
EUR/USD: The pair still holds above the former Feb 1 resistance line, now part of initial support, but the pair has failed to break above $1.3108, the high of June 3 and the 100-DMA.
EUR/USD Analysis
The pair closed in NY Tuesday at $1.3079 after recovering off lows of $1.3042 to $1.3090 before easing into the close.
UBS Morning Adviser
Sizing Dollar Data Risk The greenback has not yet fully achieved high-beta status, but last week’s heavy dollar buying to ride the rise in
Long-term technical update
EUR/USD (1.3095): The pair keeps meandering around a near flat 12 month moving average. Last month closed below the open but also off the lows.
Daily FX Update
USD—NONFARM IS KEY RISK FOR JUDGING PATH • USD is broadly stronger, retracing yesterday’s weakness.
Morning FX Market Commentary
Currencies: dollar sold on poor US ISM A poor US ISM of the manufacturing sector raised doubts on the timing of the Fed exit of QE. The dollar was hit across the board. USD/JPY dropped (temporary?) below the 100 mark.
FX Daily Majors
Today’s highlights: • USDJPY beneath 98.72/58 is needed to see a bigger top for price and cloud support at 97.34/00.
Daily FX Technical Strategy: Recent trends tapered
Small signs of a pullback in European equities (CAC 40) were further confirmed by strong selling seen in EUR/CHF.