Tag Archives: EUR/USD

EUR/USD Technical Analysis

(1,3565) The EUR/DOLL failed to confirm further weakness confirming instead a rebound that favoured the formation of a positive day reversal.

Daily Market Technicals

EUR/USD: Bears Eye Jan 10 Supp Line, Daily Studies Firm. The pair pullback eased after the pair rebounded to close above the Jan 10 support line,

EUR/USD Analysis

Closed in NY Tuesday at $1.3580, off late Europe highs of $1.3598 after rate had spiked higher on a story suggesting current strength of the euro will not play a part in Thursday’s ECB rate decision.

EUR/USD Analysis

The EUR was trading close to session highs against the dollar on Tuesday after data showed that the U.S. service sector expanded in January at a slower pace than in the previous month.

EURUSD – a-b-c correction holds old range; regains 1.3542

EUR failed to hold 1.3542 yesterday and quickly pushed prices to the previous consolidation between 1.3480/25. The strong bounce from this level shifts our focus to 1.3850;

FX Technical Volume Strategy: Lower volume as EUR corrects

– Volumes remain high overall but they dipped slightly yesterday as the euro corrected.

FX Daily Majors

Today’s highlights: – EURUSD: Near-term top in place. We expect further weakness back to 1.3439/14 and then below here to the 38.2% Fibonacci retracement of 1.3310.

Daily FX Technical Strategy – Euro corrects after sharp falls in European equity markets

The rosy start to the year for risk had to end sometime and yesterday it was pegged back by a sharp sell-off in European equity markets.

Global Technical Watch – Contained concern

The overnight surge in Spanish 10yr yields caught the market off guard, providing a reason to take profit on the recent run higher for the EUR.

EUR/USD Technical Analysis

(1,3475) The EUR/DOLL is confirming a nice correction plunging already below the 200 hours line, now found at 1,3508, now resistance. While below this line we may see a retest of the 1,34 area!!

Daily Market Technicals

EUR/USD: Studies Bullish As Eur-Dol Squeezes Higher. The pair follows the long upper shadow with a bearish engulfing candle,

EUR/USD Analysis

Closed in NY Monday at $1.3515, the rate having continued its corrective pullback off Friday’s post US payrolls highs of $1.3711 through Monday’s session as markets pared back longs on political concerns in Spain and Italy.