Tag Archives: EUR/USD
EUR/USD Analysis
Closed in NY at $1.3402 after rate had recovered from a NY afternoon dip to $1.3482. Rate had seen lows earlier in the day of $1.3357, lifting into early NY to $1.3428.
FX Daily Majors
Today’s highlights: – EURUSD: Defending the 38.2% Fibonacci retracement level of 1.3310 so far. We look to buy into this weakness between 1.3310 and 1.3180 trendline support, for a rally to 1.3835.
Technical Alert
Greater part of Asia on holiday so calm start of the week. The £ recovery continued at full speed also on Friday making the week end as the largest single week decline in EURGBP in 2y.
EUR/USD Technical Analysis
(1,3384) The EUR/DOLL confirmed again a very weak closing on Friday even in the weekly chart suggesting further downside risk toward 1,3250!!
Daily Market Technicals
EUR/USD: Potential Weekly Bearish Engulfing, Weekly Studies Bearish. The pair holds below the former 38.2% of $1.2877-1.3711, now initial res at $1.3392.
EUR/USD Analysis
Closed in NY Friday at $1.3370, having extended its corrective pullback to $1.3353 during the session, before performing a slight recovery into the close.
EURUSD – correction targets 1.3344 then 1.3462 signals complete
The bull triangle failed to carry EUR higher and was likely part of a larger downward correction. The daily chart has yet to make either a lower high or
FX Daily Majors
Today’s highlights: – EURUSD: The expected sell-off continues towards the flagged 38.2% retracement support level of 1.3310.
FX Technical Volume Strategy: EUR/USD selling interest increase
– Unlike previous periods of intraday weakness in February, the recent decline in EUR/USD was on stronger volume, indicating firm selling interest through 1.35.
Technical Alert
Corrections accross the board are now gaining momentum. Dollar on a lot more positive footing, € weakening, £ recovering after the January slump and some signs of JPY buying as well (AUDJPY for instance triggered its hourly head and shoulders top).
EUR/USD Technical Analysis
(1,3415) The EUR/DOLL confirmed a very weak closing last night well below the support of the inside day at 1,3445 suggesting further downside risk toward the 1,3250/00 support area.
Daily Market Technicals
EUR/USD: Potential Weekly Bearish Engulfing, Weekly Studies Bearish. The pair follows daily studies lower to hold just above the 38.2% Fibonacci level of $1.2877-1.3711,