Tag Archives: EUR/USD

Daily Market Technicals

EUR/USD: Moves Below Jul 2012 Supp Line, Momentum Negative Divergence. The pair meets support around the 61.8% of $1.2877-1.3711,

EUR/USD Analysis

Closed in NY Thursday at $1.3187 after recovering off a late NY extended low of $1.3162. Rate continued this correction to $1.3195 in opening Asian dealing before dropping back to mark the overnight lows at $1.3183.

FX Daily Majors

Today’s highlights: –  GBPUSD: Dramatic plunge through key medium term range support zone at 1.5233/68/74.

FX Daily Strategist: Europe

– Fade the FOMC minutes (over)reaction The USD has emerged a clear winner overnight – the DXY index closed above its 200-day MA resistance .

EUR/USD Technical Analysis

(1,3258) The EUR/DOLL formed a negative outside day confirming our s/t target but also a weak closing last night well below the low of the inside day at 1,3295.

Daily Market Technicals

EUR/USD: Falls Through Support, 10-Day Momentum Negative Divergence. The pair sinks further to slip below the 55-DMA and 50.0% Fibonacci of $1.2877-1.3711,

EUR/USD Analysis

Closed in NY at $1.3284 after rate had been shoved to a session low of $1.3271 ($1.3270 61.8% of the 2013 range $1.2998-1.3711) following ‘hawkish’ FOMC Minutes,

FX Daily Majors

Today’s highlights: – NZDUSD: Unexpected reversal lower sees the market prod below .8395. The focus now shifts lower to the .8329 trendline support, then to the .8309/.8295 support zone.

FX Technical Volume Strategy: Volumes suggest EUR/USD correction

– JPY crosses see relatively low volume as a range trade evolves but is unable to shake out longs. 

Technical Alert

EURUSD did not develop a triangle, but must break 1.3520 to disqualify a bearish wave count in the making…

EUR/USD Technical Analysis

(1,3430) The EUR/DOLL found good support turning again higher above 1,34 this morning after a strong closing last night.

Daily Market Technicals

EUR/USD: Pushing Higher While Daily Studies Suggest Bullish Reversal. The pair has popped up above the former short-term Feb 1 res line to trade just below the 21-DMA,