Tag Archives: EUR/USD

EUR/USD Analysis

Closed in NY at $1.3396, after rate had been sold off to $1.33705 as market reacted to ECB Draghi comments mentioning recent euro strength.

EUR/USD Analysis

The euro hit session lows against the dollar on Thursday after European Central Bank President Mario Draghi said the bank would closely monitor developments in the markets,

FX Daily Majors

Today’s highlights: – AUDUSD below 1.0329 completes a major top, and allows for a decline to 1.0149 long-term range support.

EUR/USD Technical Analysis

(1,3535) The EUR/DOLL confirmed a session of consolidation forming a new inside day with 1,3610 – 1,3445 the levels to follow in the coming hours.

Daily Market Technicals

EUR/USD: Bears Look To Close Below 23.6% & Eye 38.2% At $1.3392. The pair slips below the Jan 10 support line, now initial resistance at $1.3533 with the 5-DMA at $1.3555.

EUR/USD Analysis

Closed in NY Wednesday at $1.3523, the rate having extended its corrective pullback off Wednesday’s Asian highs of $1.3597 to $1.3496, recovering to $1.3544 before easing again into the close.

FX Market Analysis

The dollar remained higher against the euro on Wednesday as safe haven demand was underpinned ahead of Thursday’s European Central Bank meeting,

FX Daily Strategist: US

– EUR to consolidate ahead of ECB, Spain auction EURUSD should continue to consolidate in a lower 1.3450-1.3650 range should political uncertainty in Spain remain, as our economists expect.

EURUSD – triangle correction developing above 1.3458

Above 1.34 (the Wave (1) high) we continue to view this pullback in EUR as a Wave (4) correction and not a topping pattern.

FX Daily Majors

Today’s highlights: – EURUSD: Whilst capped by 1.3711/27 resistance the risk remains lower to 1.3310, and potentially then 1.3180.

Daily FX Technical Strategy – AUD dragged down under

While the JPY continues to slip lower and bounces are faded once again, given the moves on the cross rates, the latest candidate to be dragged lower is the AUD.

Technical Alert

EURUSD is back in a no-mans land. Firmly outside 1.3502-1.3598 is needed to show a directional tilt… EURJPY may test, but not easily break 127.95…