Tag Archives: EUR/USD
Technical Alert
Yen stronger post BOJ and possible a long needed reaction underway, caution esp with AUDJPY. The £ sterling stronger after GDP, with both cable breaking higher and
EUR/USD Technical Analysis
(1,3041) The EUR/DOLL failed to confirm the previous day’s positive day reversal forming instead a negative one suggesting another test on the downside.
UBS Morning Adviser
Follow the Growth Flow The market will likely increase its pricing of an ECB rate cut in the run up to the May policy meeting. A weaker euro can also be expected, but for a credit- and funding- starved Eurozone,
EUR/USD Analysis
Closed in NY Thursday at $1.3011, after rate had been pressured off intraday highs of $1.3094 on reported macro flow, with Goldman Sachs joining the call for a 25bp rate cut at
US shares & USD up, yields flat. AUD at 1.029.
Major currencies fell against the US dollar. Weak Spanish data added to speculation of a further ECB rate cut. The Euro eased from highs near US$1.3095 to around US$1.2995 before
Daily FX Update
GBP BREAKS TO 2‐MTH HIGH ON STRONG GDP – USD weakens; markets pushes out expectations for QE tapering.
EURUSD – bull flag suggests a rally to test old pivot at 1.3138
Euro broke below what we thought was a critical support shelf at 1.3022/02 only to create another trap. The trendline lower from the double top high at 1.32 has been bettered and
FX Daily Majors
Today’s highlights: – NZDUSD above .8512 turns the focus back to the .8678/85 highs.
Morning FX Market Commentary
On Wednesday, EUR/USD showed some intra-day volatility surrounding the release of the German IFO, and finally closed marginally higher at 1.3014, up from 1.2998 on Tuesday.
Technical Alert
Dollar a tad weaker since yesterday, commodities recovering and accordingly commodity currencies the best performers. EURUSD erratic moves around 1.30 continued/s and
EUR/USD Technical Analysis
(1,3049) The EUR/DOLL formed yesterday a positive day reversal but only a daily closing above 1,3035 will confirm a s/t bottom!
Daily Market Technicals
EUR/USD: Bounces From 200-DMA – Studies Firming. The pair tested supp yesterday as it fell through the 21-DMA and former 23.6% to bounce from just above the 200-DMA before ending higher.