Tag Archives: EUR/GBP

Daily Market Technicals

Time spent above the 21-DMA ($1.2433) was brief with the correction lower confirming

EUR/USD has moved above the hourly resistance at 1.2456 (see also the declining trendline),

Today’s highlights: EURUSD appears to be forming a bull “wedge”,

The close above the 21-DMA provided bulls with a boost and sees immediate focus

Today’s highlights: EURUSD continues to hold medium-term range support,

EUR/USD has bounced after having posted new lows.

Focus continues to be on the oil market and the potential repercussions on Emerging Markets.

The bounce from ahead of the $1.2241 support and falling daily trend line projection continued Tuesday,

Today’s highlights: USDCAD’s break above 1.1468/77 keeps the immediate trend higher to

EUR/USD is bouncing after having posted new lows.

Another quiet day on the data front today. Germany releases trade balance and wage costs this morning.

The bounce from ahead of the $1.2241 support and falling daily trend line projection