Tag Archives: EUR/USD
Daily Market Technicals
EUR/USD: Daily Studies Stretched As Bears Eye Jul 24 Supp Line. The pair moves lower again to test our initial support level, the daily Bollinger band base at $1.3026.
EUR/USD Analysis
Closed in NY at $1.3061 after rate had pulled back from an early NY recovery to $1.3080 to $1.3046 before recovering into the close.
EUR/USD Technical Analysis
(1,3044) The EUR/DOLL confirmed a negative closing but it missed a weak one to confirm negative day reversal. Nevertheless we should be able to see a test of the support line at 1,2970.
FX Daily Strategist: Europe
– JPY bounce can extend further Headline that the next BoJ governor candidate needs to have an understanding of PM’s Abe easing policy plans,
FX Daily Majors
Today’s highlights: – EURUSD: Risk of a correction back towards 1.2998/85 growing, but whilst above here the bias remains higher for a return to 1.3300/09 initially.
Daily FX Technical Strategy – Euro fire-sale risk
The euro is under intense selling pressure at the start of the New Year and we are not convinced that the move is over, despite the markets unwinding oversold conditions in the last few days.
Global Technical Watch – EM hurdles
EM currencies that have strengthened recently, such as the MXN, TRY, and KRW, are facing near-term hurdles. The risk is for a temporary pause, given that these levels are unlikely to be overcome without a near term struggle.
Technical Alert
EURUSD fell back below 1.3091 (now resistance) which turns focus back to Fri-Mon lows at 1.3017 & 1.2998…
Daily Market Technicals
EUR/USD: Bears Eye Jul 24 Support Line As Studies Slide. The pair slips lower again and daily studies maintain their bearish tone,
EUR/USD Analysis
Closed in NY at $1.3082, off pullback lows of $1.3057 seen during the NY session, off earlier Asian highs of $1.3140.
EUR/USD Technical Analysis
(1,3087) The EUR/DOLL found good resistance below 1,3145 yesterday turning again lower forming a negative day reversal;
Technical Alert
Time for USDJPY to correct the short- medium term stretch… EUR/USD Checking mid-1.31 resistance… USD/JPY Time to correct some stretch…