Tag Archives: EUR/CHF
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.
EUR/CHF Technical Analysis
(1,2430) The EUR/CHF confirmed again a strong closing above the top of the previous session; a daily closing above 1,2450 tonight could already confirm a s/t bottom supporting a retest of last week’s top!
EUR/CHF Technical Analysis
(1,2357) The EUR/CHF confirmed a weak closing below the support of the inside day at 1,2380 suggesting further weakness toward 1,2300 if not even a little lower!
UBS FX Technical
EURUSD – With the MACD above its zero line, reflecting a bull trend, the resistance focus is at 1.3404, the January 14 high.
Daily FX Technical Strategy – Pound under pressure
Against a backdrop of EUR short covering, GBP has come under further selling pressure. Moves at the back end of last week saw EUR/GBP accelerate higher through a multi-month channel top and
EUR/CHF Technical Analysis
(1,2445) The EUR/CHF formed a negative day reversal after the 1,2570 overshooting. Only a daily closing tonight below 1,2390 will however confirm lower levels.
FX Technical Volume Strategy: EUR/NOK activity declines
Volumes surged again yesterday to make a new high for the past twelve months. This was supported by activity in USD, EUR, JPY, AUD and NZD, which were all at the highest level for the past year.
Global Technical Watch – Start-of-year trends resume
The S&P broke to a new high not seen in over five years, triggering a renewed bout of optimism across assets. Copper rebounded from two-month trendline support and even Treasuries sold off ahead of resistance near 1.80%.
Technical Alert
Key stories remains the stronger euro and the weak jpy and gbp. Precious metals made a substantial move higher. EURUSD failed to make the down and up move (became an up only one…) and
FX Daily Strategist: Europe
– EUR still in the driving seat; stay long EURCHF and EURSEK The EUR has bounced back with EURUSD up in the 1.3350-1.3400 range, EURJPY broke above 120.00 and EURCHF cracked the 1.2500 resistance.
EUR/CHF Technical Analysis
(1,2550) The EUR/CHF confirmed a strong closing last night at the key level before extending the move up this morning toward 1,2570.
Daily FX Technical Strategy – Pounding GBP
UK 10-year yields closed at their lowest level so far this year and confirmed a small reversal pattern. Relative outperformance of UK bonds is helping to keep GBP under pressure.