Tag Archives: EUR/USD
Daily Market Fundamental Levels
EUR/USD $1.3200 Strong offers on approach ($1.28-1.32 DNT structures)
EURUSD rally pauses for air ahead of ECB
Bulls probably feeling a bit exposed as EURUSD consolidates after teasing above first resistance levels. We could see more nervous trading in the coming days through next Wednesday’s FOMC meeting.
FX Daily Majors
Today’s highlights: – USDJPY: Gaining traction ahead of the 81.64 chart support level. Some overshoot still a possibility, however, we expect the market to eventually target 84.19.
Global Technical Watch – EUR bid strikes gold
As peripheral eurozone yields continue to drop, gold priced in EUR is also becoming less attractive. The recent liquidation has also undermined gold in USD terms.
Technical Analysis
Increasing risk sentiment overnight with $losing further ground, JPY weakening, S&P500 turning up etc. EURUSD key focus today is whether 1.3140 will break or not,
Daily Market Technicals
EUR/USD: Bulls Eye Sept 17 Reversal High. Euro-dollar slips above the former trendline resistance from Jun 1 and looks to test the daily Bollinger band top, initial resistance at $1.3133.
EUR/USD Analysis
Closed in NY at $1.3092 after fading away from a late recovery high of $1.3108 with corrective dips noticeably continuing to draw willing buyers.
Asia FX Market Analysis
Major FX pairs were stuck in narrow ranges through a subdued Asian session Wednesday, and not even the release of Australian third quarter GDP data could rouse the market from its slumber, ahead of some key events this week.
Daily Market Fundamental Levels
EUR/USD: $1.3172 High Sep17/Strong offers $1.3170/80 $1.3140/60 Strong offers ($1.3140 Oct17 high)
FX Daily Majors
Today’s highlights: – GBPUSD: Upward trendline supports the market and results in a bullish trendline break through 1.6072. We remain cautious ahead of the 1.6176/82 resistance zone.
Technical Analysis
Some interesting breaks and signals in GOLD, NOKSEK, S&P500, OIL, USDZAR and more to dig into. Euros remain in demand and EURUSD ending yday above its 2011 top line, growing bear divergences should be monitored closely,
Daily Market Technicals
EUR/USD: Studies Stretched/Neutral As Boll Bands Widen. The pair broke above the daily Bollinger band top, yesterday, but now trades back within. Daily tech studies suggest the pair is overbought,