Tag Archives: EUR/USD

Daily FX Update

Crude oil fell to fresh lows, the German 10‐year drops to fresh record lows

EUR/USD weakened yesterday. However, as long as the support at 1.2362 holds,

Today’s highlights: EURUSD continues to try and build a near-term base.

As oil prices fell further, oil currencies have underperformed.

EURUSD: Was that it on the upside? – Well the intraday downside impulse doesn’t pass unnoticed

LTRO repayments are due around noon. Banks took EUR130bn yesterday on the second TLTRO but

Time spent above the 21-DMA ($1.2433) was brief with the correction lower confirming

The pair ended NY session at $1.2410 after having dealt a range of $1.2370 to $1.2495.

The Euro resolved higher from a bullish falling wedge.

The USD is mixed into the open. The Asian and European sessions were central bank focused

EUR/USD has moved above the hourly resistance at 1.2456 (see also the declining trendline),

Today’s highlights: EURUSD appears to be forming a bull “wedge”,