Tag Archives: EUR/USD
EUR/USD Technical Analysis
(1,3025) 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.
EURUSD – still range bound with s/t downtrends intact
The Euro remains locked in a bearish consolidation between 1.3000/3150; because this range follows a clear downtrend, odds still favor a resolution to the downside.
FX Daily Strategist: US
– Weaker US retail sales needed to dampen USD rally Markets continue to remain calm, largely ignoring the Fitch downgrade of Italy and unfavourable Chinese data releases (lower activity, higher inflation) over the weekend.
Daily FX Technical Strategy: Additional USD boost
While the US dollar index completed a basing pattern a few weeks ago, the recent bearish move in US rates (through 2.07%) is further catalysing a USD bid.
Technical Alert
The greenback back on track for higher levels. JPY weakening and maintained the break above 94.77, GBP still overly oversold but still lacking evidence of a reaction.
Daily Market Technicals
EUR/USD: Failed At 23.6%, Bears Eye Below March Lows. The pair failed at the 23.6% level to decline strongly and retested the March lows as supp.
EUR/USD Technical Analysis
(1,3010) The EUR/DOLL formed on Friday a negative outside day with 1,3145 – 1,2945 now the levels to follow in the coming hours.
EUR/USD Analysis
Closed in NY Friday at $1.3005 after rate had been shoved down to lows of $1.2955 on reaction to the strong NFP data, recovered. Rate recovered to $1.3017 before drifting off again into the close.
EUR/USD Analysis
The euro extended losses against the USD on Friday, after the release of strong US jobs data added to optimism over a recovery in the US labor market, sending the greenback broadly higher.
Technical Alert
€uro rebound, USD/JPY breaking higher… EUR/USD 1.3092 Post ECB reaction… USD/JPY 95.35 Broke to a new trend high… EUR/GBP 0.8733 Bearish triangle proven wrong…
Daily Market Technicals
EUR/USD: Bullish Engulfing Candle Pattern Encourages Bulls. The pair follow daily studies higher and breaks above former initial res to challenge the Feb 1 res line and 100-DMA,
