Tag Archives: EUR/USD
FX Daily Majors
Today’s highlights: – EURUSD: Market gains traction at the 1.2880 interim support level. We expect a rebound back up to 1.2974 interim resistance.
Technical Analysis
It seems like the common currency remains under pressure with EURUSD already back testing the support it bounced off Fri. Below 1.2840 would add to the burden it must already feel…
Daily Market Technicals
EUR/USD: Bears Eye $1.2840 As Daily & Weekly Studies Slide. The pair continues to correct lower, making lower lows and lower highs as daily studies also slide.
EUR/USD Analysis
Closed in NY Friday at $1.2927 after rate had recovered off post US jobs data lows of $1.2876 to $1.2951 on source reports on the break down of voting on the ECB board.
Dollar jumps after US employment data
Dollar jumps after US employment data posted an upside surprise to the markets. Non-farm payroll rose 146k in November versus expectation of 90k.
Americas FX Daily
Weak data weigh on European currencies What happened overnight – German, UK, and Norwegian October IP weaker than expected
EUR/USD – daily & hourly breakout failure leave EUR vulnerable
Our call this week for an important pullback in Euro has taken prices back below the recently broken 2011 uptrend; that is a failure and raises concerns in the medium-term for Euro bulls.
FX Daily Strategist: Europe
– ECB hurt EUR-crosses and EURUSD; but we expect a bounce-back in EURUSD by year-end on a dovish Fed The ECB left its Refi rate unchanged at 0.75% yesterday, as expected, but President Mario Draghi’s dovish comments at the press-conference triggered a broad EUR sell-off.
Daily Market Fundamental Levels
EUR/USD: $1.3127 Wednesday Dec5 high $1.3060 Medium offers on approach
FX Daily Majors
Today’s highlights: – EURUSD: Sharp sell-off yesterday brings the market back to our target 38.2% retracement. Some overshoot below today, but the uptrend remains intact whilst above 1.2880.
Technical Analysis
This will be very brief (and not spellchecked…). EUR/UD & EURGBP looks offered through low and bearish looking closes yesterday…
Daily Market Technicals
EUR/USD: Dark-Cloud Cover Candle Pattern Confirmed. EUR/USD fell through support after posting a dark cloud cover candle pattern, confirmed yesterday.