Tag Archives: EUR/USD
FX G10/EM Morning Trader Views
EUR – Disappointment on Friday at the failure to break those offers at 1.3400/05 led to a nasty flush out in the LDN afternoon all the way back to the 1.3280 lvl but even then no follow through on downside.
Technical Alert
A rather uneventful morning with many pairs in consolidation mode. Noted are however the returned demand for bonds and a potential textbook inverse head and shoulders pattern in BUNDS.
EUR/USD Technical Analysis
(1,3325) The EUR/DOLL formed a negative day reversal on Friday but only a daily closing below 1,3280 will confirm lower levels.
Daily Market Technicals
EUR/USD: $1.3404 Jan 14 High Caps, Potential Double-Top Pattern. The pair fails to break above the Jan 14 high of $1.3404 as the pair looks like it formed a double-top pattern.
EUR/USD Analysis
Closed in NY Friday at $1.3320 after rate had seen a pressured corrective pullback to $1.3280, recovering to $1.3332 before drifting off into the close.
EUR/USD – consolidation ahead of push to 1.3425/3500
Yesterday’s rally found firm resistance just below the expected ~1.34 level. The five wave rally from 1.2998 is coming to an end with most if not all of the upside realized.
FX Daily Majors
Today’s highlights: – EURUSD: Market back probing the 1.3404 resistance hurdle. We expect trend continuation higher through here for 1.3487/93 chart/50% retracement resistance.
Technical Alert
Key stories remains the stronger euro and the weak jpy and gbp. Precious metals made a substantial move higher. EURUSD failed to make the down and up move (became an up only one…) and
EUR/USD Technical Analysis
(1,3385) The EUR/DOLL failed to extend the decline turning instead higher for a retest of the 1,34 area.
Daily Market Technicals
EUR/USD: Trades Just Below Jan 14 High At $1.3404, Studies Bullish. The pair holds just below the Jan 14 high of $1.3404, our key initial resistance level.
EUR/USD Analysis
Closed in NY at $1.3374 after rate had performed an impressive recovery off earlier Asian lows of $1.3270 to $1.3388 ahead of the NY close.
Asia FX
The release of slightly better than expected Chinese economic data helped lift risk assets marginally in Asian trade Friday but these were subsequently reversed as players consolidated positions ahead of the weekend.