Tag Archives: EUR/USD
Technical Alert
EUR/USD: With the failed attempt below 1.3037 an upside reaction was triggered primarily aiming at the mid body point, 1.3124,
EUR/USD Technical Analysis
(1,3123) The EUR/DOLL formed a positive day reversal but only a daily closing above the 100 days line at 1,3159 will confirm a s/t bottom supporting a new test on the upside.
Weekly Focus: ECB stole the limelight
Market Movers ahead – The main economic release in the euro area within the next two weeks will be GDP numbers for Q1 13.
Daily FX Update
EUR RALLIES INTO PAYROLLS AS NEG INT RATE IDEA FADE – USD is biased for weakness leading into nonfarm (cons. 140k). – USD expected reaction to nonfarm—see below for detailed review.
Technical Focus: Long-term technical update
EUR/USD: The pair was last month refused extension below a medium-term important bearish trigger at 1.2661 and instead added a net bullish print.
Daily FX Technical Strategy: EUR watch points
The bullish move in German rates saw the 2-year yield close in negative territory yesterday. Further downside here is likely to put pressure on the EUR in FX space.
FX Morning Rundown
We just had the RBI cut rates 25 bps but hinting at the lack of room for further easing given inflation pressures and
Morning FX Market Commentary
On Thursday, the focus of global markets was on Bratislava where the ECB gathered to decide on monetary policy.
FX Daily
Key news – Positive sentiment driven by ECB and US jobless claims – Chinese service sector PMI fell to 54.5 in April
Daily Market Technicals
EUR/USD: Reverses lower to reach the short-term support line at $1.3060, price action holds just above after breaking slightly below today.
EUR/USD Technical Analysis
(1,3070) The EUR/DOLL confirmed a very weak closing after an important overshooting of the previous high at 1,32.
EUR/USD Analysis
The pair closed in NY Thursday at $1.3059 after rate had seen a whipped reaction to the ECB 25bp refi rate cut,