Tag Archives: EUR/USD
FX Daily Majors
Today’s highlights: – EUR/GBP: .8097 support continues to hold for now. Broadly, whilst above the .8047/34 support zone, the medium-term focus remains higher to .8263.
UBS FX Technical
EURUSD – The pair is consolidation following the sharp December rally and the test of resistance at 1.3284, the May high.
Technical Alert
EURUSD gravestone doji didn’t (yet..) deliver the anticipated decline but topside spikes in the EUR x:s showing tired buyers…
Daily Market Technicals
EUR/USD: Fails To Break Dec 19 High, Bears Eye $1.3156. The pair now declines after bulls tried to break the high of Dec 19, the potential gravestone doji, however bears prevailed.
EUR/USD Analysis
Closed in NY Thursday at $1.3247 after rate had managed to recover off pullback lows of $1.3215 having seen highs earlier in the session of $1.3295.
Asia FX
Risk assets were sold down in Asian trade Friday morning on heightened worries about U.S. fiscal cliff negotiations, which come just ahead of the Christmas holidays.
US FX
The dollar ended on a mixed note Thursday as thin conditions led to wide swings, financial market shrugging off upbeat U.S. economic data.
EUR/USD – Channel/symmetry target align today at 1.3342
Price action this morning is dampening the effects of yesterday’s shooting star reversal.
FX Daily Strategist: US
– No surprise from BOJ; USDJPY traded off the highs USDJPY reacted in a ‘buy rumour, sell the fact’ manner as BOJ’s easing measures fall short of shock and awe. As widely expected,
FX Daily Majors
Today’s highlights: – EURUSD: Resistance found at 1.3309. This is likely to cap the market for now and a correction back to 1.3072/62 is plausible, before the next leg higher to 1.3487.
FX Daily Strategist: Europe
– No surprise from BOJ; USDJPY traded off the highs USDJPY reacted in a ‘buy rumor, sell the fact’ manner as BOJ’s easing measures fall short of shock and awe.
Daily FX Technical Strategy – USD takes a breather
It was a busy day in FX markets yesterday as USD selling ended abruptly and the yen corrected on the crosses.