Tag Archives: EUR/USD
Daily Market Technicals
EUR/USD: Dly Studies Turn Bearish, Wkly/Mthly Studies Rise. The pair posts long black candle falling 100 pips after failing to break above the Apr 16 high at $1.3202, now further key res.
Technical Alert
Big stop loss day in the Swedish krona post the Riksbank, USD more pieces of evidence of an ended correction, equities and commodites still on a slippery slope.
EUR/USD Analysis
Closed in NY at $1.3030 after rate had been driven lower on reaction to ECB official comments suggesting a rate cut could be considered depending on circumstances (BBK Weidman, a known hawk),
EUR/USD drops as ECB official says rate cut possible
The Euro weakened Wednesday after a top European central banker discussed the possibility of cutting the European Central Bank`s benchmark interest rate to support the sluggish economy.
Daily FX Update
BOC & FED TODAY PUT USDCAD AT RISK – USD is broadly stronger as markets struggle under weak earnings, rising fears over global growth and jittery nerves.
FX Daily Majors
Today’s highlights: – EURUSD’s break above 1.3121/63 keeps the immediate risks higher in the range to 1.3232, above which would aim at 1.3340/42.
Morning FX Market Commentary
On Tuesday, EUR/USD cleared a few intermediate resistance levels. A poor ZEW economic sentiment survey was ignored.
UBS Morning Adviser
Nervy Loonie As BoC Meets The Bank of Canada decision on Wednesday could prove to be one of the most decisive for the currency in recent memory.
FX Daily
– IMF lowers its growth forecasts for most major economies. – Focus on Chinese local authority debt intensifies.
Technical Alert
EUR/USD Unexpected bullish U-turn, EUR/JPY The recent high is exposed again, EUR/GBP Looks staged to add some gains, EUR/SEK Small bid into Riksbank meeting,
EUR/USD Technical Analysis
(1,3175) The EUR/DOLL confirmed a strong closing above the tops of the previous sessions but also above the resistance of the negative outside day at 1,3140 supporting further strength.
EUR/USD Analysis
In the Asian session, the cross is trading at 1.3180. The pair is expected to find support at 1.3067, and a fall through could take it to the next support level of 1.2959.