Tag Archives: EUR/USD
FX Market Technical Research
EUR/USD: Breaks Above 55-Day Moving Average. Euro has broken above the 55-day moving average at $1.2391 and close above here is the next crucial test.
Technical Analysis
Scandies still look strong. Spanish yields turn sour… EUR/USD Bearish contracting range… USD/JPY Re-checking support… USD/CAD Losing momentum? EUR/SEK Focus on key ref at 8.2020… USD/SEK Confined to range…
EUR/USD Analysis
Closed in NY at $1.2347 after rate had recovered from session lows of $1.2295 to $1.2350. Rate initially marked lows at $1.2342 in early Asian trade before edging up to an early high of $1.2355.
Asia today: Minutes suggest the RBA on hold; AUD a touch firmer
Asian opening levels were similar to yesterday and it took the RBA minutes to stir up some action. The minutes held few surprises from the post-meeting statement but did reinforce the notion that the RBA is in no rush to cut rates in the near-term and this lent support to the AUD. The RBA noted […]
FX Daily Majors
Today’s highlights: * EURUSD: Indecisive price action continues after failure ahead of 1.2383/7/8 resistance zone. We expect the market to retest 1.2242/56 support zone. Below exposes 1.2134.
Technical Analysis
€/Scandie’s correctional peaks in place… EUR/USD Indecisive … USD/JPY Important close today… NZD/USD Seeking a sell… EUR/SEK Strong rejection from target… USD/SEK 6.53/57 important ref’s… EUR/NOK 2nd spike above the line… USD/NOK Important support.
FX Market Technical Research
EUR/USD: Focus on Fibonacci Level, 21-DMA. The daily stochastic study formed a bear-cross in EUR/USD, while 10-day momentum is flirting with the zero line, keeping bear’s attention on the 21-DMA, which rises to $1.2287.
EUR/USD Analysis
Closed in NY $1.2334, after recovering off a session low of $1.2288 to $1.2347, the rate having seen highs earlier in the day at $1.2382.
Asia today: EUR steady amid talk of plan to cap EU bond yield
An early minor reaction to week press reports that the ECB was mulling interest rate caps for peripheral Eurozone government bonds was the only thing to report from an otherwise dull, holiday-affected Asian start to the week.
FX Daily Majors
Today’s highlights: * EURUSD: Aggressive rally higher leads to a re-test of the 1.2387/8 resistance hurdle. Failure here keeps the downside threat alive, but above exposes 1.2444/79.
Technical Analysis
Higher EUR/SEK, AUD/USD testing key support… EUR/USD Bounced off the flag floor… AUD/USD Important junction just below… USD/JPY Enough?… EUR/SEK 8.31 a first hand target…
FX Market Technical Research
EUR/USD: Focus on Fibonacci Level, 21-DMA. The daily stochastic study forms a bear-cross, while 10-day momentum is flirting with the zero line, keeping bear’s attention on the 21-DMA, which rises to $1.2279.