Tag Archives: EUR/USD

Daily Market Technicals

EUR/USD: Daily & Weekly Studies Bearish, Bulls Eye Feb 1 Res Line. EUR/USD leaves a doji but also shows a lower high and lower low, encouraging bears while daily studies slide.

EUR/USD Analysis

Closed in NY Friday at $1.3360 after rate had recovered off lows at $1.3307 on IMF Lagarde comments supporting the recent euro strengthening/yen weakening moves,

EURUSD – old consolidation still containing pullback correction

Short-term momentum is still signifying weakness but the consolidation from 1/10-1/25 continues to contain this correction lower.

FX Daily Majors

Today’s highlights: – EURUSD: Decline continues with the market probing flagged support at 1.3310. We see scope for a break below here to challenge 1.3197 medium-term trendline support.

Technical Alert

The common currency continued to give up ground yesterday, further enhancing the view of a possible ending July correction.

EUR/USD Technical Analysis

(1,3350) The EUR/DOLL confirmed a weak closing well below the low of the previous session’s low when formed a negative day reversal.

Daily Market Technicals

EUR/USD: Daily Studies Bearish, Weekly Studies Turn Lower. The pair sinks further after posting a doji with a long upper shadow on Weds,

EUR/USD Analysis

Closed in NY Thursday at $1.3368 after rate had slowly recovered off its traded lows of $1.3315 during the European morning,

FX Daily Majors

Today’s highlights: – EURUSD: Failure at 1.3521 results in reversal lower, in turn keeping the corrective phase alive for now. Risk now back to 1.3329/10 once again, and below targets 1.3180.

Technical Alert

Eventful day yesterday with SEK strength and GBP weakness (GBPSEK down to a 21year low).  EURSEK exited the past months range breaking 8.50/51 (next down to 8.43 and then a corrective bounce),

Daily Market Technicals

EUR/USD: Long Upper Shadow Cautions Bulls. The pair struggled higher but ended slightly down on the day, leaving a long upper shadow which adds caution to the upside.

EUR/USD Technical Analysis

(1,3434) The EUR/DOLL formed another negative day reversal but only a daily closing below 1,3426 will confirm a top supporting a retest of the 1,3330 key level!