Tag Archives: EUR/USD
Technical Analysis
EZ spreads widening, stronger NOK, weaker EM’s… EUR/USD Possible a triangle… AUD/USD Deeper into the ma bands… EUR/SEK Looks peaky… USD/SEK Approaching interesting lvls…
FX Market Technical Research
EUR/USD: Risks a Fade Ahead of 100-Day Moving Average. The pair holds above the former 61.8% retracement level, which had capped at $1.2444, with this level now turning support, although the daily studies are showing signs of fading.
EUR/USD Analysis
Closed in NY at $1.2506 after rate had eased away from intraday highs between $1.2560/64 to $1.2487, the move seemingly triggered by reported comments from Slovak PM Fico that a Eurozone break-up is equally possible as the alternative.
Americas FX Daily
Playing the ranges What happened overnight * AUD Q2 capex above consensus, mining pipeline still robust * Brazil cut rates 50bp as expected, signaled shift in guidance * Italy successfully auctions 2017 and 2022 paper
FX Daily Strategist: US
* Sharp rally in NOKSEK is set to continue. We target 1.17. Our long NOKSEK recommendation is showing some signs of life with a large move higher to break above its 55 dma (1.1449). A sustained close above that level today would target a move to its 200 dma (1.1639) – well on its way […]
FX Daily Strategist: Europe
*Sharp rally in NOKSEK is set to continue. We target 1.17. Our long NOKSEK recommendation is showing some signs of life with a large move higher to break above its 55 dma (1.1449). A sustained close above that level today would target a move to its 200 dma (1.1639) – well on its way to […]
Daily FX Technical Strategy: No base yet for AUD
Base metals look to have completed their recent recovery bounce and the subsequent downturn is expected to keep the focus lower for AUD.
FX Daily Majors
Today’s highlights: * EURUSD: Still probing 1.2593/8 key Fibonacci resistance cluster. Whilst below here, our bias remains skewed to the downside for back through 1.2431 to 1.2399
Technical Analysis
No major moves found overnight with the EUR going nowhere, however the Antipodeans continues to lose ground, printing three wave corrective patterns on each and every upside attempt (60 min chart),
FX Market Technical Research
EUR/USD: Risks Fade Ahead of 100-Day Moving Average. The pair holds above the former 61.8% retracement level, which had capped at $1.2444, with this level now turning support, although the daily studies are showing some signs of fading.
EUR/USD Analysis
Closed in NY at $1.2530 after rate settled around this area through late afternoon trade following a late recovery rally to $1.2549. Rate had earlier been repulsed from $1.2565, trading to session lows of $1.2518.
A slow day so far in FX land for non-NOK currencies
The NOK was all over the place today and sterling perked up a bit against the Euro, but it was a slow day today in FX land as the market awaits the rigours of the end of summer.