Tag Archives: EUR/USD
EUR/USD Technical Analysis
(1,3060) The EUR/DOLL confirmed a strong closing above the resistance of the inside day at 1,3075. The closing was again above the 200 days line.
AUD/USD could correctively test >0.98
EUR/USD: Near-term price action is more bullish than bearish but short-term tools are mostly neutral after the best fit bearish wave count was overruled Fri (>1.3033).
FX Daily
Market movers today • We will continue to scrutinise Fed speeches for signs of an imminent scale down of Fed’s asset purchases.
UBS Morning Adviser
EURCHF Shorts Unstuck? EURCHF has not had the best of starts to the week as investors are opting for an abundance of caution amid rising volatility.
Daily Market Technicals
EUR/USD: The pair gets pressured higher to rise above the former Feb 1 res line, but now is slipping back below. Daily and weekly studies still bullish,
EUR/USD Analysis
The pair closed in NY at $1.3077 after rate had seen a sharp recovery boost to $1.3108 following the release of weaker than forecast US ISM data,
Daily FX Wrap and Strategy
The NZD/USD experienced quiet trading during Queen’s Birthday Monday. However, it was launched higher early this morning on the back of broad USD selling.
FX Daily Strategist: US
No cut from the RBA this week. AUD should be due a rebound. The RBA is expected to remain on hold Tuesday after unexpectedly cutting rates last month.
Daily FX Update
USD WEAKENS INTO IMPORTANT NONFARM WEEK • USD is broadly weaker retracing from Friday’s strong close. • CAD rallies, supported by China’s +50.8 PMI broad USD weakness.
US Morning Update
Major overnight headlines: •Norway’s may manufacturing PMI at 52.0 •ECB says banks deposited eu85.6 bln with it overnight
FX Daily Majors
Today’s highlights: • NZDUSD has broken lower to our initial support target at .7923/14. We expect this to hold at first, but stay bearish for an eventual break lower to .7808 then .7655.
FX Daily Strategist: Europe
A critical data week for the US dollar The US dollar faces key data this week, beginning with Monday’s ISM manufacturing PMI and culminating with the May employment report on Friday.