Tag Archives: EUR/USD
EUR/USD Analysis
Closed in NY at $1.3106 after rate had been pressured to extended recovery highs of $1.3119 as ECB Draghi failed to provide any dovish signals for a rate cut.
EUR/USD Technical Analysis
(1,3095) The EUR/DOLL confirmed a test of the resistance at 1,3110 with even an overshooting that it failed however to confirm by a daily closing.
FX Daily Majors
Today’s highlights: – EURUSD: Bearish engulfing reversal sees the focus remain on the key cluster of support at 1.2901/1.2876/1.2851 going into the ECB. We expect a reversal higher from here.
FX Technical Volume Strategy: EUR/USD activity declines
– Overall activity was lower on the day but remains above the average of the past year.
Technical Alert
The dollar rise gained traction yesterday and especially so vis-a-vis the emerging market bloc. USD/SEK & NOK also showing bullish signs with key day reversals yday.
Daily Market Technicals
EUR/USD: Holds Above $1.2965, Slight Positive Divergence On 10-Day Mom. The pair manages to hold just above key initial support, seen around $1.2965/67,
EUR/USD Analysis
Closed in NY Wednesday at $1.2973, just off posted lows at $1.2970, after rate had been sold off on general dollar strength (reaction to stronger than expected ADP data)
EUR/USD Technical Analysis
(1,2990) The EUR/DOLL confirmed another session of consolidation remaining interior the inside day with 1,3110 – 1,2955 still the levels to follow in the coming hours.
EUR/USD Analysis
The euro extended losses against the dollar on Wednesday, falling to session lows amid concerns that European Central Bank President Mario Draghi would flag possible rate cuts after the bank’s policy-setting meeting on Thursday.
USD: hit session highs after upbeat ADP nonfarm payrolls report
The USD hit session highs against the euro, the yen and the pound on Wednesday after data showed that the U.S. private sector added more jobs than expected in February,
FX Daily Majors
Today’s highlights: – AUDUSD: Advance continues aggressively higher, after breaking above the flagged trendline and removing resistance at 1.0292. The focus remains higher towards 1.0376.