Tag Archives: EUR/USD
EUR/USD Analysis
Closed in NY Friday at $1.2842 after rate had extended recovery highs to $1.2868 following the release of weaker than expected US ISM data.
FX Majors Technicals
EUR/USD: M/T Outlook Bearish Whilst Below 200-DMA. Impressive recovery off $1.2771 but whilst below the 200-day moving average at $1.2887 and
EUR/USD Analysis
Opened Asia at $1.2809, touched an early high of $1.2815 before turning lower but demand placed into $1.2800 provided early cushioning.
FX Daily Majors
Today’s highlights: – USDJPY: Back challenging the 93.39 medium-term trendline and chart support level. A break below here is needed to see further downside risk to 92.15 initially.
Daily FX Technical Strategy: Warning signs for the EUR
The recent flight out of major European equity indices into rates markets warns of increased risk aversion within the eurozone.
Technical Alert
Eurozone worries continues to make up the headlines. €/$ 1st close below the 233d ma band, BUNDS 1bp from breaking the 1.26% key resistance,
Daily Market Technicals
EUR/USD: Heavy Tone Prevails Below 200-DMA. Euro continues to trade with a heavy tone following break and close below the 200-day moving average.
EUR/USD Technical Analysis
(1,2798) The EUR/DOLL confirmed a weak closing below the support of the negative outside day at 1,2820 but also below the 200 days channel supporting further weakness toward 1,25.
EUR/USD Analysis
Closed in NY Wednesday at $1.2780, after recovering off a low of $1.2750 to $1.2790, with corrective pullbacks ahead of the close contained by $1.2765.
EUR/USD Analysis
The EUR is trading lower against the USD and the JPY as continued political turmoil in Italy and a rise in Italian government borrowing costs added to fears about the Eurozone debt crisis.
FX G10/EM Morning Trader Views
EURUSD – Choppy would be an understatement but the trend remains to the downside. Long term and corporate buying slows the move and i expect this to continue but bias is still for lower.
EURUSD mulls new lows
EURUSD traded at new four-month lows this morning, even as an official statement tries to take back Dijsselbloem’s ill-advised comments on Cyprus from Monday.