Tag Archives: EUR/USD
EUR/USD Analysis
Closed in NY Tuesday at $1.3388, just off recovery highs at $1.3396 with the earlier release of a stronger than forecast Germany ZEW cited for providing the buoyancy.
EUR/USD Analysis
The euro edged higher against the dollar on Tuesday but gains were limited as uncertainty ahead of Italian elections overshadowed data showing that German economic sentiment rose to a 34-month high in February.
No change from G20: G4 currencies stay weak
As we’d expected, the weekend G20 statement contained no real news. It would certainly have been surprising had it singled out Japan as already pursuing over-aggressive
FX Daily Majors
Today’s highlights: – EURUSD: Poised at the 1.3310 38.2% Fibonacci retracement support level. Whilst above the risk is for a more immediate recovery back through 1.3432 to 1.3521/78.
Technical Alert
EURUSD trades in a contracting range, seen as a bearish continuation pattern. Once broken the mid-1.32s should be targeted. Key ref above remains located at 1.3520…
EUR/USD Technical Analysis
(1,3355) The EUR/DOLL confirmed a session of consolidation forming a new inside day with 1,3405 – 1,3295 the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: Stuck Below 38.2%, Daily & Weekly Studies Slide. The pair posted an inside-day on Monday as it languished at the same level,
EUR/USD Analysis
Closed Monday’s North American devoid session at $1.3352, the rate having seen a range of $1.3322-79 during the day, recovering off a late dip to $1.3333 into the close.
FX Daily Majors
Today’s highlights: – EURUSD: Gaining traction at 1.3310, the 38.2% retracement. Through 1.3394 initial resistance allows for a rebound back towards 1.3521.
EUR/USD Technical Analysis
(1,3340) The EUR/DOLL still confirmed a negative closing on Friday in the daily chart as well as in the weekly one where it failed however to confirm a weak one that would have confirmed top!!
Technical Alert
No big moves seen post G-20 and Chinese New Year festivities. The weekly chart however reveals some interesting patterns such as the long upside mid body spike in EURUSD calling for more weakness in the weeks to come and GBPNOK’s weekly spring bottom with bull divergence.
FX Daily Strategist: Europe
– Post-G20, our bias remains to sell JPY rallies The G20 statement over the weekend has avoided singling out Japan regards currency devaluation or manipulation.