Tag Archives: EUR/USD
FX Daily Majors
Today’s highlights: – EURUSD will ideally hold below 1.2875/86 to maintain its top, for a decline to 1.2502/1.2474. – USDCHF is expected to hold support at .9380 to maintain its base, for further strength to .9503 next.
Technical Analysis
More CAD (& NZD) weakness, JPY up, weaker equities… EUR/USD Still supportive forces at play… USD/JPY Testing key support… USD/CAD Attempting to break 1.0020… EUR/SEK Low end of support zone… USD/SEK Sliding back into the 55d band… EUR/NOK Overextended decline.
FX Market Technical Research
EUR/USD: Bears Require Break Below 38.2% Fib To Maintain. Price action today trades just above the 38.2% Fibonacci, initial support alongside the daily bollinger band base, at $1.2723/41.
EUR/USD Analysis
Closed in NY at $1.2749 after rate had settled through the NY session between $1.2717-59 as earlier euro sales were caught offside as Draghi was seen not as dovish as many had thought he might be.
FX Daily Strategist: US
– NZD: Surprisingly weak unemployment data causes a NZD collapse The NZD fell sharply this morning after unemployment unexpected jumped in to a 13-year high, reviving speculation about an RBNZ rate cut.
FX Daily Majors
Today’s highlights: – EURUSD completes a bearish “outside range” day, but needs to remove 38.2% retracement support at 1.2740 to reinforce the top. – USDCHF stages a strong recovery to maintain its base, and we look for further strength to .9503 next.
Technical Analysis
$ surge, commodities, CAD, NZD & equities lower… EUR/USD Strong resistance rejection.. CAD/JPY Bearish key day reversal… EUR/SEK Entered support zone… USD/SEK Another failed neckline test…
FX Market Technical Research
EUR/USD: Bears Eye 38.2% Fibonacci, Initial support. The pair rebound fizzled out as it met strong selling at the 55-DMA to close near the 38.2% Fibonacci retracement of the Jul to Sep rally, now initial support with the lower daily Bollinger band at $1.2741/43, respectively.
EUR/USD Analysis
Closed in NY at $1.2769 after rate had recovered off session lows of $1.2737, seen after rate had corrected back from its post Obama re-election react highs of $1.2876.
Asia Today: Opposite jobs reports from the Tasman Sea; Oz vs. NZ
With the US election concluded, we were back on data-watch in Asia. The Australian employment report was a surprise to the upside with a solid 10,700 jobs added in October, a respectable number considering the paltry +500 print expected.
FX Daily Strategist: US
– The US election outcome…Obama is victorious, the House is Republican, the Senate stays Democrat The election is basically over and it we will almost certainly get status quo: President Obama is re-elected for another four years, and the Democrats maintain a similar margin of leadership in the Senate while Republicans retain a similar margin […]
FX Daily Majors
Today’s highlights: – EURUSD: Rebound higher brings the market back up to throwback resistance at 1.2875 as anticipated. Some overshoot above here expected, but we look for 1.2907 to cap.