Tag Archives: EUR/USD

FX Daily Majors

Today’s highlights: – EURUSD: Range-bound for now, between 1.2803 support and resistance at 1.3140. Friday’s doji reversal warns of a rebound higher within this range back to 1.3024.

Technical Analysis

Some interesting action taking place on Friday with especially a bearish key day reversal in USDJPY and a bearish key week reversal in EURGBP noted. OIL also looks like its ready taking a dive.

FX Market Technical Research

EUR/USD: Bears Eye July Support Line. The pair was turned away from the 21-DMA and also found support from the Jul support line, initial resistance and support, respectively, at $1.2972 and $1.2908.

EUR/USD Analysis

Closed in NY Friday at $1.2945 after recovering off a session low of $1.2890, the rate bouncing to $1.2956 before easing to $1.2923 ahead of the close.

Technical Analysis

$/scandies on the verge of breaking higher… EUR/USD Double top gaining cred.. USD/JPY Longs – beware!… USD/NOK A very bullish setup… EUR/SEK Meandering higher… USD/SEK At the neckline… GBP/SEK Broke up from the range… EUR/NOK Pause? – then 7.4995

FX Daily Majors

Today’s highlights: – EURUSD: The focus remains lower within the current range, with risk to 1.2885/60 support zone, where we look for buying interest to emerge.

FX Market Technical Research

EUR/USD: Bears Focus On July Support Line. The pair approaches the Jul support line, now initial support at $1.2895, alongside the 23.6% Fibonacci at $1.2906.

EUR/USD Analysis

Euro-dollar headed lower throughout the US afternoon, the rate printed $1.2970 on release of early data that came in-line with expectations.

Americas FX Daily

G10 central bank doves take flight What happened overnight – Riksbank kept rates on hold, in line with consensus, with dovish bias – UK Q3 GDP surprises stronger than expected – RBNZ was unchanged and less dovish than expected – Singapore industrial production disappointed badly in September

FX Daily Majors

Today’s highlights: – EURUSD: Support minimally found at 1.2920, however, the risk is for a test of the 1.2891/85 support zone still, where we envisage renewed buying interest for back to 1.3140/72.

Technical Analysis

Bit of a split risk universe with commodities and equities weak whereas commodity currencies such as AUD stronger, JPY weaker and the greenback doing nothing in index terms.

FX Market Technical Research

EUR/USD: Focus Turns To 23.6% Fibo And July Support Line. The pair looks to correct further, focus on the 23.6% Retracement support level at $1.2906, as daily tech studies turn bearish.