Tag Archives: EUR/USD
EUR/USD Analysis
The Federal Reserve left rates and polices unchanged yesterday, as expected. Euro-dollar closed in NY at $1.2970, the rate recovered from a pullback low of $1.2941 after earlier posting a high of $1.2983.
FX Daily Strategist: US
– EURUSD decline to be temporary; Weak US GDP to result in weak USD Today’s European PMIs and German IFO came in softer, resulting in some EUR weakness. A multi-day decline in EURUSD would not surprise us with periodic bouts of USD support should the earnings season-which not even halfway throughdisappoint (more below).
FX Daily Crosses
Today’s highlights: – EUR/GBP: In corrective mode but expected to be short-lived, and supported by .8098/90. We remain buyers on dips for through .8166 to .8221 and then .8263.
FX Daily Majors
Today’s highlights: – EURUSD: Reversal lower from 1.3084 results in a minor top through 1.3011/12 support. The focus is now on 1.2891/85 chart/trendline support.
Technical Analysis
The euro gave a lot of it back again yesterday while the dollar gained ground… EURUSD under 1.3000/93 has reopened the low-1.28s (1.2805/04) again…
FX Market Technical Research
EUR/USD: Finds Support From 21-Day Moving Average. The pair moved below the former Sep 17 resistance line and bounced from support around the 21-DMA, now initial support at $1.2966.
EUR/USD Analysis
Closed in NY Tuesday at $1.2980, the rate recovered from a pullback low of $1.2952 where Asian soveriegn demand had been visible after earlier posting a high of $1.3041.
Americas FX Daily
USDJPY holds below 80 What happened overnight – Spanish GDP contracts 0.4%qoq in Q3 – Singapore inflation surprised to the upside – We expect an unchanged BoC, with a slightly less hawkish statement
Daily FX Technical Strategy: Aussie offered
While US equities showed signs of stability on Monday, closing marginally higher on the day, hard assets such as base metals continue to lose ground.
Technical Analysis
The euro looks a bit healthier this morning with gains scored against dollar, yen, pound, the kronas and the CEE3s…
FX Market Technical Research
EUR/USD: Moving Sideways After Dark-Cloud Cover Pattern. The pair ranges between the May 1 trend-line and the former Sep 17 resistance line as we wait to see in which direction a new trend will emerge.
EUR/USD Analysis
Closed in NY Monday at $1.3060, the rate recovered from a pullback low of $1.3042 after earlier posting a high of $1.3083.