Tag Archives: EUR/CHF
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
UBS Morning Adviser
Critical Mass Approaching The new year is just over a week old, but already a confluence of factors are falling into place in support of the US dollar.
FX Daily
The main event is the ECB meeting, where inflation will be top of the agenda again after core inflation reached an all-time low of 0.7% in December.
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
FX Daily
In the euro area we expect retail sales to increase 0.6% m/m in November helped by German retail sales. This is also suggested by survey indicators, which point to higher euro GDP growth in Q4 compared to Q3.
Weaker CAD & CHF noted. Looking for a EUR/JPY sell.
EUR/USD: Judging by price action the market remains in aconsolidation/correction in relation to the most recent sharpdrop. This means that another leg lower should materialize.
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
FX Daily
In the euro area flash inflation will be released. We have revised our forecast for euro inflation up to 0.7% as the German HICP was not as low as we had expected.
UBS Morning Adviser
Eurozone improvement is an opportunity and a threat As periphery yields continue to decline, Eurozone-exposed economies such as the Nordics and
Technician
EUR/USD – Momentum is turning to pro-decline. Further decline at least to 1.3488 level/200-day moving average is likely.
Daily Technical Report
EUR/USD has broken the support at 1.3621.Coupled with the false breakout of the keyresistance area between 1.3811 (11/12/2013high) and 1.3832, a medium-term double-top islikely underway.
FX Daily
Euro PMI services are due for publication. The first release of the Spanish and Italian figures is expected to confirm the stronger growth in the periphery countries.