Tag Archives: EUR/USD
Technical Alert
Price action at the top in EURUSD looks hesitant. Under 1.3144 & 1.3127/21 could trip some protective sell-stops…
Daily Market Technicals
EUR/USD: 10-Day Momentum Shows Negative Divergence. The pair broke through $1.3100 but has failed to sustain a move higher,
EUR/USD Analysis
Closed in NY Monday at $1.3162 after trade through this session was contained within a relatively tight range of $1.3150/79.
UBS FX Technical
EURUSD – The key bullish development on Friday was the closing break above 1.3150, the 38% retracement of the May 2011 to July 2012 bear trade.
FX Daily Majors
Today’s highlights: – EURUSD: Break above 1.3140/72 resistance zone signals trend continuation higher towards 1.3284/1.3388, and then 1.3487.
Technical Alert
Major events are the EURUSD violation of 1.3140 and the post Japanese election gaps higher in USDJPY, EURJPY, NIKKEI etc (as being seen as continuation gaps those gaps should soon be closed…).
FX Daily Strategist: Europe
– LDP-Komeito coalition won over 320 seats; but JPY short positioning is vulnerable to a snap back… The LDP and its ally, New Komeito, won a ‘super majority’ of over 320 seats out of the 480-member lower house in Sunday’s election.
Daily Market Technicals
EUR/USD: Breaks May 1 Trendline, Focus Turns Higher. The pair finally broke through $1.3100, the key former initial resistance level.
EUR/USD Analysis
Closed in NY Friday at $1.3160, off late session highs of $1.3174. Rate opened the Asian marked higher, as market reacted to the landslide victory of the LDP and NKP in Japanese lower house elections at the weekend,
FX Daily Majors
Today’s highlights: – EURUSD: Advance continues higher towards 1.3127 and then 1.3140/72. A break above the latter area allows the upward trend continue towards 1.3284 and then 1.3388.
Technical Alert
Basically more of the same…a bid euro, weaker jpy, US bond futures lower, S&P500 lower…and GOLD unch. Shanghai C flying up to a key reference resistance.
Daily Market Technicals
EUR/USD: May 1 Trendline Key Initial Resistance At $1.3100. The pair failed to break above the May 1 trendline at $1.3100, still key initial resistance and the cap to the previous two sessions.