Tag Archives: EUR/USD
EUR/USD Analysis
Closed in NY at $1.2944 after recovering off a stop driven low of $1.2915 as trade through Thursday eased away from the initial react highs of $1.3010 following Monday’s Eurogroup Greece debt action.
FX Market Summary
Currencies traded in well-established ranges Tuesday, with market players hopeful that outside stimuli would soon lead to a breakout.
FX Daily Majors
Today’s highlights: – EURUSD: Prod above 1.3007 long-term downward trendline resistance, however, a sustained advance through here is needed to expose 1.3140/72 range highs.
Daily Market Technicals
EUR/USD: Breaks May 2011 Trend Line – Fibo Levels Cap. A minor break above long-term resistance line from May 2011 has been seen at $1.3000,
Global Technical Watch – Base joining precious
In addition to the strength in precious metals highlighted in our weekly Global Technical Trends, 26 November 2012, some of the base metals are also exhibiting bullish potential.
Technical Analysis
Highs have been attempted in EURUSD & AUDUSD after announcement of a Greek debt deal, but price action is already dubious and refs below at 1.2930 & 1.0425 are not safe…
EUR/USD Analysis
Closed in NY at $1.2972 after a fairly subdued US session as markets awaited the outcome of the Eurogroup meeting.
EUR/USD – daily channel, 2011 d/t align at 1.3027
The Euro resolved through our 1.2840 and then 1.2883 levels to complete a bullish base. Now a series of targets and resistance lie ahead anchored by the downtrend from 2011 and the Oct/Nov flag resistance line at 1.3027.
FX Daily Strategist: US
– Better than expected Catalonia’s election result and pending Greek deal to push EURUSD higher The regional election result in Catalonia, Spain, came out better than expected. The main separatist party CiU lost seats (from current 62 to 48 of 135 total)
Daily Market Fundamental Levels
EUR/USD: $1.3020/25 Strong offers/Stops, also buy entry triggers $1.3000 Strong offers on approach/Option barrier/Stops
FX Daily Majors
Today’s highlights: – EURUSD: Acceleration higher brings market up towards the long term downward trendline spanning lower from 1.4944 – at 1.3074. Failure here see risk back to 1.2868 initially.
Daily FX Technical Strategy – EUR/USD short squeeze threatens trendline resistance
The market was short and caught EUR/USD last week, causing an impressive squeeze and turning attention this week to trendline resistance at 1.3045.