Tag Archives: EUR/USD
Technical Analysis
A second possibly bullish EURUSD candle in three days, is this the first step towards a (correctional) recovery? Well, extension through 1.2224 would open up for at least 1.2325\34 before down again.
FX Market Technical Research
EUR/USD: Daily Studies Attempt Recovery. The pair holds close to the 5-DMA and 50% of it’s post-launch range, which combine at $1.2135.
EUR/USD Analysis
Closed in NY at $1.2155 after settling between $1.2145/60 following the rate’s short squeeze recovery through the day, extending its recent recovery off lows of $1.2042.
Global Technical Watch – Quick Charts
Yesterday, S&P 500 futures backed away from support near 1320, as did EUR/USD from the psychological 1.20 level. These important hurdles are unlikely to give way without a near-term struggle. As a result, several EUR crosses took the opportunity to stage a short-term bounce.
Behavioral Finance: Daily Forex Outlook: Few solutions for the growth problem
EUR USD (1.2075) The eurozone seemingly re-entered full crisis mode this week. Investor concerns centre not only on the rising debt costs for Spain.
Daily FX Technical Strategy – One down, more to follow?
As yields in Italy and Spain start to rise sharply the spotlight appears to be shifting onto classical “risk” indicators. Yesterday NZD/USD completed a Head and Shoulders top and over the rest of the week we are watching to see whether other indicators like the AUD/USD and S&P500 follow the NZD’s lead.
Technical Analysis
Risk is off and the dollar and US bonds enjoy a safe heaven bid on behalf of the euro and EuroStoxx which are again punished in this environment… EURUSD failed no nail a low and could extend the slide – with the next key hurdle located at 1.1975 in mind…
FX Market Technical Research
EUR/USD: Holds Under 50% of Range. The pair holds below 50% of it’s post-launch range, at $1.2135, which may now offer some resistance.
EUR/USD Analysis
Closed in NY at $1.2060 after a late NY sell off saw rate trigger the reported barrier at $1.2050, touching a low of $1.2042 before recovering to $1.2070/75 ahead of the close.
Asia today: Oz CPI weaker but no real guarantee of lower rates
Trade data was the early focus during today’s Asian session, with both New Zealand and Japan reporting numbers for June. Australia’s all-important Q2 CPI data followed shortly after.
Global Technical Watch – Quick Charts
The initial bearish signs, such as the Reversal Day in AUD/JPY we noted earlier this week, are snowballing. Further JPY gains are likely across the board, especially as US 10y yields threaten trendline resistance near 1.36%.
Behavioral Finance: Daily Forex Outlook: Psychological warning signs
EUR USD (1.2130) Monday was a day of warnings for the eurozone and for eurozone investors. The first ‘red-light’ came from the market itself, namely the continued spike in Spanish sovereign yields beyond the level of 7.5 percent.