Tag Archives: EUR/USD
FX Daily
– A weak US employment report increased worries about a new soft patch. – Long-end Treasury yields dropped significantly and the 10-yield is at its lowest for the year.
Technical Alert
EURUSD may or may have not reached its correctional goal. Above 1.3050 would lift the bar to 1.3135, while below a 1.2923/1.2808 support zone is needed to expose the recent 1.2740 low again…
Daily Market Technicals
EUR/USD: Closes Above 23.6% But Failed To Break Above $1.3047. Bulls closed above the 23.6% of $1.3711 to $1.2743, sending daily studies higher.
EUR/USD Analysis
Closed in NY at $1.2990 after rate had been pressured to extended recovery highs of $1.3040 on reaction to weaker than forecast US NFP data,
EURUSD and GBPUSD – how high does the squeeze take us?
EURUSD has squeezed all the way through 1.3000 and GBPUSD through 1.5300. The longer term outlook hasn’t changed as I merely look for where this consolidation move will take us before we turn around again.
ECB to dig further in the toolbox
Market movers ahead – US consumers are back in focus. Retail sales should continue at decent pace in March.
EUR/USD Analysis
The pair to trade near a two-week high after the release of mixed U.S. economic reports weighed on demand for the greenback.
FX Technical Volume Strategy: Volumes jump on EUR/USD squeeze
– There was a boost in overall activity with volumes achieving the 20th highest day of the past 12 months.
Daily FX Technical Strategy: Rates beleaguer the USD
Erratic moves in JGBs and dropping US yields have turned the US dollar index uptrend more erratic.
FX Daily
– ECB keeps rates unchanged but holds the door open for further easing. – BoJ’s aggressive move has put downward pressure on global bond yields.
Daily Market Technicals
EUR/USD: Bullish key-day reversal yesterday, which saw price action close and break above the 200-day moving average and also the 2-month channel top.
FX VolT: Who’s buying, who’s selling
We are introducing a monthly report on price and volume trends broken down by the Asian, European, and US trading time-zones.