Tag Archives: EUR/USD

EUR/USD Technical Analysis

(1,2907) the EUR/DOLL confirmed another drop below 1,29 after the weak figures this morning where it is however finding some good support.

FX Daily Majors

Today’s highlights: – GBPUSD: Threatening neckline resistance located at 1.5200, as well as the key cluster of resistance at 1.5223/33/68. Increasingly risk of a break higher to 1.5519.

FX G10/EM Morning Trader Views

EURUSD – Nasty squeeze yesterday as mkt makers and spec guys reduced their positioning in anticipation of a deal/resolution in Cyprus.

FX Daily

– The Federal Reserve yesterday reaffirmed its commitment to continue quantitative easing until it sees substantial improvement in the US labour market situation.

Daily FX Technical Strategy: USD-supportive cycle

Although EUR/USD backed away from the edge yesterday, failing to close beneath a support area near 1.2875, we note that the greater bullish potential for the USD in general remains in place.

Euro finding support and recovers some of the earlier losses, we see a clear risk of more of the same for the coming days. GBP rather balanced but still deeply oversold so a small bullish bias, long SEK and especially NOK to be unwinded.

EUR/USD Technical Analysis

(1,2937) The EUR/DOLL confirmed a positive closing after a retest of the 200 days line and after a session of consolidation without forming any inside pattern.

Daily Market Technicals

EUR/USD: Bears Aim Below 200-DMA, Bulls Eye Feb Res Line & 21-DMA. The pair leaves a higher low and higher high after breaking below the 200-DMA, now at $1.2878 and key support.

EUR/USD Analysis

Closed in NY at $1.2934 after rate had recovered through the NY session to a high of $1.2979 before drifting off into the close.

EURUSD – stiff resistance via pivots and trend at 1.2965, 1.3050

Euro closed the NY session at 1.2882 yesterday which has been a key retracement level in our work; 1.2865 makes up the bottom of a major support zone and in between is the 200dma & Dec low.

FX Daily Majors

Today’s highlights: – EURUSD: Market breaks through 50% retracement at 1.2876 and then 200 DMA, allowing for the decline to persist lower for 1.2662.

FX G10/EM Morning Trader Views

EURUSD – So corporate buying strong again yesterday but the demand all filled as mkt got increasingly concerned on how things would play out in Cyprus