Tag Archives: EUR/USD
FX Daily
– Fed minutes, released early by mistake, had a hawkish tone. – Obama budget presented, aiming to kick-start deficit-reduction talks.
Technical Alert
Some signs of the recent dollar decline running out of steam. JPY arrving at an important junction (ex USDJPY arriving at its 50% Fibo of the 2007/2011 decline).
EUR/USD Technical Analysis
(1,3067) The EUR/DOLL formed a negative day reversal but only a daily closing below 1,3052 will confirm a s/t top suggesting a possible resumption of the decline!!
Daily Market Technicals
EUR/USD: Fades From Key 38.2% At $1.3112, Studies Slip. The pair was turned away by the key res level at $1.3112, the 38.2% of $1.3711-1.2743, which is joined by the 21-month MA,
EUR/USD Analysis
Closed in NY at $1.3073 after rate had recovered off corrective pullback lows of $1.3053, having seen extended highs of $1.3122 earlier in the session.
FX Daily
– Chinese trade data point to improving domestic demand, while a sovereign downgrade from rating agency Fitch highlights increasing debt worries.
Daily FX Technical Strategy: Three focal points
In the west, the S&P 500 is inching towards its all-time high, but in the east, geopolitical tensions remain a focus, with USD/KRW trading close to its multi-year channel high.
FX Daily Strategist: Europe
– USDJPY – a breather before new highs USDJPY has been consolidating but the dip below 99.00 proved to be relatively short-lived and we still believe that the test of 100 is in the cards over the coming days.
Technical Alert
EURUSD sniffing at the high end (1.3050/3135) of the outlined correction potential, USDJPY congestion whereas EURJPY & AUDJPY steaming on,
EUR/USD Technical Analysis
(1,3077) The EUR/DOLL confirmed another strong closing last night above the resistance of the inside day at 1,3050 suggesting toward 1,3150!!
Daily Market Technicals
EUR/USD: Tests Dly Bolli Top, Holds Below 38.2% At $1.3112. The pair pushes higher again to test the daily Bollinger band top, now at $1.3110 and part of initial res.
EUR/USD Analysis
Closed in NY at $1.3082 after rate had bounced off pullback lows of $1.3029 to push above $1.3100, marking session highs of $1.3103 before drifting off into the close.