Tag Archives: EUR/USD
EUR/USD Analysis
Closed in NY at $1.2873 after recovering through the session from a low of $1.2835 into a late high of $1.2875.
Daily FX Technical Strategy: JPY appreciation continues
Overnight profit taking in US equities saw the S&P move back within its multi-week rising channel. This is keeping US bonds bid, which in turn is providing near-term support for JPY.
FX Daily Majors
Today’s highlights: – EURUSD: Corrective downtrend persists after failure last night ahead of 1.2997 trendline resistance at 1.2972. The focus is now on the 1.2858/36/28 support cluster.
FX G10 and EM Morning Trader Views
G10 EUR (1.2869) – seemed to be no shortage of negatives emanating out of Europe yesterday, the surprise really was in the timing of the mkt response with EUR again trading in the direction of pain.
Technical Analysis
Mr Riskoff sneaking around… so stronger dollar and jpy in the cards. AUDJPY broke lower passing a first important junction and more selling expected (the rest of the Yen crosses also on a slippery slope. EURUSD sliding towards the low end of the 233d ma band, 1.2845,
FX Market Technical Research
EUR/USD: Continuation Lower Remains Favoured. The slide towards the 200-DMA continues with the pair now having taken out the Sept 13 lows and triggering stops below the $1.2880-90 region.
EUR/USD Analysis
Closed in NY at $1.2905 after rate had pulled back from session highs at $1.2971 to $1.2897 as rate tracked the negative reversal on Wall St, as well as reaction to anti-austerity protests in Spain.
FX G10 and EM Morning Trader Views
G10 EUR – Price action remains heavy having completed a series of six lower highs now. Support around 1.2890 is the next region to overcome and this should open a move to 1.2830 which is the 200dma and the 61.8% fib from 1.2626-1.3172 move.
FX Daily Majors
Today’s highlights: – EURUSD: Gaining traction at 1.2889/91 chart/minor 38.2% retracement support. We expect a rebound higher through 1.2997 towards 1.3048 resistance.
Technical Analysis
EURUSD remains on a near-term, and so far, correctional slide lower. Further losses should be penciled in as long as staying below 1.3048… GBPUSD looks toppish still, so do not underestimate the powers of a sub-1.6163 break…
FX Market Technical Research
EUR/USD: Daily Tech Studies Correcting Lower. The pair continues to edge closer to the 200-DMA as daily tech studies continue to work off their overbought condition.
EUR/USD Analysis
Closed in NY at $1.2932, just off recovery highs of $1.2937 after rate had seen lows in this session of $1.2891. Rate drifted down to $1.2929 in early Asia before demand emerged to edge rate up to pressure reported stops through $1.2940/50.