Tag Archives: EUR/CAD
FX Daily Crosses
Today’s highlights: – EURGBP: Resistance found at .8589, after prodding above the 61.8% Fibonacci retracement. Scope for a correction back to trend support at .8462.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Breakout above .8507 exposes the 61.8% Fibonacci retracement resistance hurdle of .8577.
EUR/CAD Technical Analysis
(1,3570) EUR/CAD confirmed on Friday a strong daily and weekly closing with the slope of the move up now very steep.
Global Technical Watch – Fresh EUR squeeze
The end of last week saw a renewed surge in several EUR crosses – particularly EUR/AUD and EUR/CAD, which continue to pare losses incurred when eurozone concerns were mounting.
FX Daily Crosses
Today’s highlights: – EURGBP: Aggressive rally continues higher, with the market now probing the .8507 hurdle. Above here sees the 61.8% retracement hurdle of .8577.
FX Daily Crosses
Today’s highlights: – EURGBP: Struggling to overcome the .8420 50% retracement after reversing lower from .8442 yesterday. We expect a correction lower, back to .8328, and then .8265.
FX Daily Crosses
Today’s highlights: – EURGBP: Failing ahead of the .8420 long-term 50% retracement. We expect a correction lower from here back to .8328, with overshoot to .8265 which should hold.
FX Daily Crosses
Today’s highlights: – EURGBP: Strong breakout through .8346 78.6% retracement resistance paves the way for further upside to .8420 and potentially then .8507.
FX Daily Crosses
Today’s highlights: – EURGBP: Reversal lower from .8328 continues with risk to pivot support at .8228 and potentially then .8213 trend line support.
FX Daily Crosses
Today’s highlights: – EURGBP: Resistance holds at .8328/46. We see corrective risk lower to breakout/trendline support at .8228/13.
FX Daily Crosses
Today’s highlights: – EURGBP: Decisive break through .8228 and .8263 resistance hurdles keeps the focus higher to next major resistance at .8346. Above here, exposes .8507.
FX Weekly Summary
Euro rose last week as expectation on ECB cut receded drastically following Draghi’s post meeting pressing conference.