Tag Archives: EUR/GBP

EUR/GBP Technical Analysis

(0,8560) EUR/GBP confirmed on Friday a positive closing missing however to break above the strong resistance at 0,8590!!

The whole price action in June basically centred on the deleveraging theme which was accompanied by high volatility and

EUR – Strong month end in general for the usd and eur no exception with another attempt at 1.2990 area (daily cloud top)

Today’s highlights: • USDJPY’s push above the 55-day MA at 99.08 keeps the immediate risks higher to

EUR/USD holding near 1.30 going into the key US eco data On Friday, trading in EUR/USD was mostly technical in nature.

What the COFER Data Means On Friday the IMF released its Q1 2013 update for the composition of foreign exchange reserves (COFER),

Some recovery in the risk sentiment over the past week… but seems feeble so far and on lower volumes.

Today’s highlights: • EURUSD risk stays lower to trendline support at 1.2939/33.

With month/quarter end approaching, we note that gold has had the strongest quarterly decline (~25%) in our chart history.

EUR – Light squeeze off the lows at that 1.2990/1.30 support as eur x’s staged a decent recovery led by eurgbp- i have reinstated a short here at

Asian stock rally depresses USD in Asian trade The USD traded heavily in Asian trade, as Asian stocks rallied strongly,

Dollar rally slows On Thursday, markets rebounded from the post Fed repositioning. The dollar did run into resistance.