Tag Archives: EUR/USD
FX Market Technical Research
EUR/USD: Back Above 200-DMA As Daily Tech Studies Rise. The pair rebounds slightly from the lower daily Bollinger band, also initial support at $1.2783.
EUR/USD Analysis
Closed in NY at $1.2813, after rate had recovered off session lows of $1.2764 to $1.2827, with reported offers placed at the 200-dma ($1.2828) providing the main resistance.
Election upon us – what to look for tonight
The odds-makers are apparently already paying out bets placed on an Obama win, as it may be down to margins of victory in the House and the Senate results that prove the real points of interest tonight.
A monthly run through the long-term charts
The euro is still facing headwinds and German yields are still trending lower The ECB EUR index has been allowed a correctional lift to re-check into the lower end of the still sharply falling 12mt Moving Average band, which represents resistance together with a 2009-2012 descending top line and the 2010 lows near the 100-mark.
Daily FX Technical Strategy: USD/JPY turns as US tens beak down
Recent moves in rates markets are spurring activity in FX space. The downside break in US 10y yields signals a further pullback within range.
Technical Analysis
The dollar goes into Election Day on a firm footing… Or is the euro that is weak? Either or, EURUSD looks set to extend losses into next support at 1.2748-41…
FX Market Technical Research
EUR/USD: Bears In Control And Trades Beneath 200-DMA. The pair tests the limit of the lower daily Bollinger band, initial support at $1.2781 while daily tech studies remain bearish.
EUR/USD Analysis
Closed in NY at $1.2796 after recovering from an intraday low of $1.2767, but below its 200-dma at $1.2830 (today coming in at $1.2828 and offering key resistance).
FX Daily Strategist: US
– Disappointing UK CIPS Survey UK headline services PMI printed at 50.6 in October, down from 52.2 in September. At this level this still suggests the service sector is growing, but nonetheless it is the lowest reading since December 2010 with GBP likely to suffer on the back of this.
FX Daily Majors
Today’s highlights: – EURUSD: Market completes a top through neckline support at 1.2870, while also prodding below the 200-day MA. We see risk to 1.2740. Below here exposes 1.2502.
EURUSD: the break coming at an awkward time
The consensus wisdom would lead one to think that the market would like to wait for the US election before deciding what to do with the USD. What to do when a break occurs ahead of a key event?
Global Technical Watch – Unease in sentiment
With the US presidential election drawing to a close, investors are turning more cautious. Recent gains in the S&P 500 were unsustainable and EUR/USD also slumped back to its 200-day average.