Tag Archives: EUR/USD
EUR/USD Analysis
Closed in NY at $1.2957, after rate had extended 2013 lows to $1.2924, recovering to $1.2971 before drifting off into the close.
Dollar Higher…
The dollar hit session highs against the euro and the yen on Wednesday, as stronger-than-forecast US retail sales figures for February fuelled optimism over the strengthening US economic recovery.
EUR/USD Technical Analysis
(1,3040) The EUR/DOLL is confirming further consolidation interior Friday’s negative outside day with 1,3145 – 1,2945 still the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: Holds Above Mar Lows, Mixed Studies, Wait For Breakout. The pair continues to be squeezed between the Feb 1 res line, initial res at $1.3043, and the lows of Mar 8, 6 & 1,
EUR/USD Analysis
Closed in NY at $1.3028 after rate had been pressured to session highs of $1.3074 during the NY session, easing to $1.3015 before edging higher into the close.
FX Ringside
Of course, one of our most important tasks is to provide clients with accurate short- and mediumterm FX forecasts.
FX Technical Thoughts
EURUSD – With the MACD below its zero line, reflecting bearishness, focus is on the momentum tools as a closing cross lower would reinforce the bearish theme.
Daily FX Technical Strategy: Looking outside the EUR/USD range
Although USD buying has been a developing theme of late, this phenomenon is far from indiscriminate. USD/MXN completed a Bear Flag and is trading beneath its 2012 lows.
FX Daily
Key news – Stocks and bond yields continue higher on very little news. – Markets await US retail sales tomorrow.
Daily Market Technicals
EUR/USD: Below Feb 1 Res Line But Holds Above $1.2955 – Mar 8 Low. The pair hanging around just below the Feb 1 res line now at $1.3066,
EUR/USD Analysis
Closed in NY at $1.3046 after rate had clawed its way up to a session high of $1.3054, the rate extending its recovery off Friday’s post NFP lows of $1.2955.