Tag Archives: EUR/USD
EUR/USD Analysis
The pair started this morning’s session at $1.2685 today after coming off last night’s$1.2715 NY session high and
Daily Market Technicals
The Bollinger band base appears to be limiting downside follow through but bears remain firmly in control as the EUR/USD hovers precariously above the Nov 2012 monthly low.
Near-Term NZD Outlook Nudged Lower On RBNZ Scorn
Last week, the market was blindsided by a surprise statement from RBNZ Governor Wheeler,
Daily FX Wrap and Strategy
The NZD has been the worst performing currency over thepast 24-hours, losing a further 1.1% relative to the USD.
Technician
EUR/USD: Momentum strongly pro-decline. Euro clearly oversold. From technical point of view, consolidation or correction are likely.
EURUSD – looking for small 5-wave rally to confirm wave-(v) down is done
From the bear flag high (wave-(iv)), there is now a clear 5-wave decline to 1.2664.
Daily FX Update
Rising concerns on global growth, driven by the Geneva Report, combined with the RBNZ’s confirmation that they have
Daily Technical Report
EUR/USD has broken the strong support at1.2755 and is now challenging the one at 1.2662.
$ remains in demand despite the severe stretch.
EURUSD: The upside correction attempt basically ended beforegetting started as selling ahead