Tag Archives: EUR/GBP

FX Daily

A very quiet day on the data front with US existing home sales and

The EUR/USD remains heavy after trading at fresh 2014 lows to start the new week with

Today’s highlights: EURGBP appears to be forming a bearish “symmetrical triangle” continuation pattern.

EUR/USD has declined further and is now near its support at 1.2247.

In terms of data releases we have a quiet day ahead of us.

The EUR/USD is hovering precariously above 2014 lows with layers of support noted

EUR/USD has declined sharply near the resistance area between 1.2577 (04/11/2014 high) and 1.2600,

The German IFO expectations are due for release and we look for another positive surprise.

The lack of follow through on the spike above the 55-DMA Tuesday resulted in a sharp sell-off

Today’s highlights: AUDUSD has fallen aggressively again and

EUR/USD moved higher towards the key resistance area between 1.2577 and 1.2600 yesterday.

At the meeting tonight, we expect the FOMC to remove considerable time from the statement,