Tag Archives: EUR/USD
FX Market Technical Research
EUR/USD: Tests Fibonacci Level. The euro tested Fibonacci level at $1.2445 before pulling back within the Bollinger band. The daily studies are firm, but further Fibonacci resistance stands at $1.2478 and $1.2539, while the 5 & 21-DMAs turn support at $1.2319 and $1.2253.
EUR/USD Analysis
Closed in NY at $1.2402 following a fairly subdued session with trade in the US contained within a relatively tight range of $1.2374-1.24298.
EURUSD – needs more upside soon, or else.
Markets are still in limbo despite last week’s drama – EURUSD needs to take out the next resistance level to keep the focus to the upside. Aussie looks very stretched ahead of RBA – but could it stretch higher still before consolidating?
EUR Analysis
Opened early Europe at $1.2395, EUR/USD closed in NY Friday at $1.2387 having rebounded from an initial NFP react low of $1.2219 to a high of $1.2392, settling between $1.2368/88 into the close.
Technical Analysis
Extended corrections… EUR/USD 2nd attempt to form a peak… USD INDEX Spiking below the band?… EUR/JPY Ending another correction… EUR/SEK Easing the “stretch”… EUR/NOK Double low?… NOK/SEK Hovering above the line… EUR/PLN Broke to a fresh yearly low.
FX Market Technical Research
EUR/USD: Pressuring Bollinger Band, Fibonacci Level. The euro is back testing the top of the Bollinger band as bulls also face Fibonacci resistance at $1.2445 and $1.2478. The 5 & 21-DMAs turn support at $1.2245/95.
EUR/USD Analysis
Closed in NY Friday at $1.2387 having rebounded from an initial NFP react low of $1.2219 to a high of $1.2392, settling between $1.2368/88 into the close.
EURUSD: bears can’t get no satisfaction?
EURUSD squeezed higher into the two key central bank meetings this week until we saw yesterday’s climactic reversal. But so far we’ve seen zero follow-through. Should the EURUSD bears be worried?
Technical Analysis
Hello Mr. Riskoff – ECB failed to deliver what was “demanded”… EUR/USD A correctional high in place… EUR/GBP Correctional high at resistance… EUR/SEK Lower yes, but also “wedgy”… USD/SEK Weak attempt under support… EUR/NOK Fresh low likely… NOK/SEK Could correct the stretch.
FX Market Technical Research
EUR/USD: Mixed Daily Studies. The pair is back under the 21 and 5-day moving averages of $1.2230/34 as the daily stochastic study turns weaker but 10-day momentum attempts to recover the zero line.
EUR/USD Analysis
Closed in NY at $1.2180, off lows of $1.21335, following a whippy session driven by ECB Draghi’s press conference which had seen rate spike to $1.2406 on anticipation of announced euro support.
Draghi talks tough, but Euro hits airpocket on lack of specifics
Draghi unleashed a string of firm-sound rhetoric to open the ECB press conference, touching on a number of key areas, but the lack of “real action right now” has the market in a big knee-jerk disappointment.