Tag Archives: EUR/USD

Technical Alert

EUR/USD looks set to test the +1.30s. Support likely forming around 1.2878/1.2845. USD/JPY shows some high anxiety at fresh highs.

EUR/USD Analysis

Closed in NY at $1.2931, after rate had bounced aggressively off initial Draghi react lows of $1.2745 to $1.2949, before consolidating this recovery into the close.

EUR/USD Technical Analysis

(1,2925) The EUR/DOLL confirmed a strong closing above 1,2880, resistance of the inside day after making a test of its support area at 1,2745.

FX Majors Technicals

EUR/USD: Bearish Whilst Below 200-DMA At $1.2892. Impressive recovery off $1.2746 but whilst below the key 200-day moving average at $1.2892 and

Euro knee-jerks lower after ECB, but …

The Euro was weaker, but bloodshed was initially stemmed after Mr. Draghi claimed that Cyprus is “no template” in the Q&A session.

EUR/USD Analysis

The pair fell by 0.7% to $1.2740, after European Central Bank President Mario Draghi said during a press conference that he was committed to keeping monetary policy easy.

EURUSD – bear flag suggests move to 1.2665/27

Tuesday’s note highlighted the developing bear flag and support is now giving way to confirm further weakness.

FX Daily Strategist: Europe

– Aggressive BOJ easing beyond market expectations; USDJPY and Nikkei rallied sharply The BoJ delivered aggressive easing measures at today’s meeting, exceeding market expectations. This provided a boost of more than one big figure to high of 94.34 in USDJPY.

FX Daily

– Very aggressive BoJ announcement. – Focus today on ECB: 25% chance of a refi-rate cut but watch out for non-standard measures to improve credit conditions. BoE to stay put.

Daily Market Technicals

EUR/USD: Remains Below Key 200-Day Moving Average At $1.2892. The pair remains below the key 200-day moving average at $1.2892 and

Technical Alert

There is focus on the yen after BoJ news. EURJPY firmly above 120.90 could lead back towards 122.60, but stamina is needed…

EUR/USD Analysis

Closed in NY Wednesday at $1.2844 after rate had recovered off intraday lows of $1.2790 to $1.2864 before settling back into the close.