Tag Archives: EUR/USD
Technical Analysis
The dollar retains the upper hand… EUR/USD Below 1.2670 => 1.2619/04… USD/JPY Risks testing the mid/low-78s… GBP/USD Likely to extend losses…
FX Daily: No Niagara in a crate barrel, buy EUR/USD dip
* Despite EUR weakness, spot’s positive correlation with implied vols, show a market that (correctly) does not fear any major acceleration to the downside. A multitude of short-term regressions suggest EUR/USD should be trading between 1.27 and 1.31.
Daily Market Technicals
EUR/USD: Fades From 38.2% Level, Daily Boll Bands Wider. The pair continues to trend lower and approaches the 100-DMA, initial support at $1.2641.
Asia Today: Oz business conditions deteriorate; Asia ranging
Holidays across the Asia region meant we had another quiet, range-bound session today.
FX Techs
At a glance: Game change EUR/USD seems to be one step ahead in this context as key-support at 1.2775/70 (int. 38.2 %/C=A) is decisively broken so that the odds are clearly in favor of a deeper setback to 1.2542 (Fib.-projection) and to 1.2309 (int. 76.4 %) now, whereas recoveries would have to clear 1.2816 (minor […]
FX Daily Majors
Today’s highlights: – EURUSD: Downtrend continues lower, and after the break through 1.2740 the focus now shifts to the 1.2502/1.2474 support cluster.
G10 FX Spot Commentary
EURUSD: Support – 1.2690, 1.2650, 1.2500 Resistance – 1.2740, 1.2780/90, 1.2880, 1.2985 Greece pass the budget overnight but and now the onus is back on Europe to approve the next tranche,
Daily Market Technicals
EUR/USD: Bulls Require Break Above 38.2% To Gain Control. The pair falls through the 38.2% retracement level of the Jul-Sep rally and now retests this level as resistance at $1.2741. Bulls require a move back above the 38.2% level if they wish to regain control.
EUR/USD Analysis
Closed in NY Friday at $1.2712 after rate had seen lows in this session at $1.2690 before recovering above the figure into the option cut influenced by a large maturity at $1.2700.
Asia Today: Better China trade data but export growth is patchy
It was a steady and uneventful start as trading got underway in this holiday-affected week. Opening currency levels were not much removed from Friday’s NY close.