Tag Archives: EUR/GBP
FX Daily Majors
Today’s highlights: USDJPY has set a top and the prod beneath the 38.2% retracement support at 102.08 warns of a deeper setback to 101.02/01.
UBS Morning Adviser
Trade rebalancing still elusive Yen bears can take comfort from Japan’s trade data released overnight.
FX Daily
Market focus will remain on the development in emerging markets. At this stage we do not expect the emerging market wobbles to be enough to prevent Fed to continue tapering in connection with the FOMC meeting on Wednesday.
FX Daily Majors
Today’s highlights: AUDUSD has declined to our .8675 next core target – 38.2% of the entire 2001/2011 bull market – which we look to try and hold at first.
Daily Technical Report
EUR/USD moved sharply higher yesterday,breaking its declining trendline. A break of theresistance at 1.3699 would open the way forfurther strength towards the resistance at 1.3819.
FX Daily
In terms of data releases we have a very thin calendar today but there are some interesting events. A potential rating decision from Moody’s on France’s sovereign rating might attract some attention.
UBS Morning Adviser
Expect macro-prudential measures to remain the norm The increase in the Swiss countercyclical-buffer (CCB) today led to strong interest in the CHF due to a hawkish interpretation – i.e.
Daily Technical Report
EUR/USD continues to bounce after havingposted a new lower low at 1.3509. Hourlyresistances are given by the declining trendline(around 1.3620) and 1.3650 (16/01/2014 high).
FX Daily Majors
Today’s highlights: USDCAD surges higher again to keep the uptrend firmly in place for our 1.1234 first core objective.
FX Daily
The main release will be euro PMI in January. Manufacturing PMI is likely to move broadly sideways after having been on an upward trend since April 2013.
UBS Morning Adviser
USD benefiting from ‘reverse’ diversification The Bank of Japan’s QQE program is already 8 months old,
Daily Technical Report
EUR/USD’s bounce near the support at 1.3524has thus far been weak. Hourly resistances standat 1.3583 (16/01/2014 low) and 1.3650(16/01/2014 high, see also the decliningtrendline).