Tag Archives: EUR/CHF
Classic risk-off move – stocks down and yen & swissy up
EUR/USD: The move up from the recent low looks correctional whendissected into sub-daily observations. The resistance zonebetween the daily & weekly mid-body points (1.3520-1.3580) is likely to be respected.
UBS Morning Adviser
How good news is in the price? Our equity strategy team have already highlighted the
Daily Technical Report
EUR/USD has broken the support at 1.3508(see also the steeper rising trendline), openingthe way for a further decline towards the 200 daymoving average (around 1.3380).
UBS Morning Adviser
Act III, Scene I The FX market’s most liquid currency pair does not fall easily.
FX Daily
Focus continues to be on emerging markets. Large parts of Asia are closed today due to the Chinese New Year public holiday.
Daily Technical Report
EUR/USD declined sharply yesterday and isnow close to its support at 1.3508 (see also thesteeper rising trendline). An initial resistance liesat 1.3559 (intraday high).
FX Daily
Markets will continue to keep a watchful eye on emerging markets but it has been relatively calm overnight with large parts of Asia off today for celebration of the Chinese New Year.
UBS Morning Adviser
Currency risk beta the driver – for now The selloff in Emerging Currencies may have taken a breather but structural problems remain.
Daily Technical Report
EUR/USD continues to post lower highs sinceits high at 1.3739. An hourly support area nowstands between 1.3603 (29/01/2014 low) and1.3583 (22/01/2014 high).
Sell €/JPY above 140. Weaker SEK, NOK & PLN.
EUR/USD: So far this week each and every day has fallen below theprior day’s low point only to be immediately rejected andending in the upper end of the daily range.
UBS Morning Adviser
Despite the EM selloff, liquidity concerns Despite the perception of volatile FX markets in recent days due to the Emerging Market selloff,
FX Daily
Emerging markets continue to be the focal point. As long as this is the case financial markets will take the lead from the development in the EM currencies and macroeconomic data will be of secondary importance.