Tag Archives: EUR/GBP
EUR/GBP Technical Analysis
(0,8528) EUR/GBP confirmed a weak closing below the low of the previous session confirming therefore also the negative day reversal.
FX Daily Crosses
Today’s highlights: – EURNOK: Break above 7.5011 and 7.5212 clears the way towards the 7.5777 recent high.
Daily FX Technical Strategy: NZD flies on QE
The BoJ’s quantitative easing has led to an accelerated search for yield elsewhere. In A yen for yield, we highlighted the bullish risks for NZD, AUD, and MXN against the JPY.
EUR/GBP Technical Analysis
(0,8528) EUR/GBP formed a negative day reversal but only a daily closing below 0,8518 will support further weakness, probably resume the decline.
FX Daily Crosses
Today’s highlights: – EURJPY: A new high leaves the focus on 132.04 – the 50% retracement of the 2008/2012 bear market.
FX G10/EM Morning Trader Views
EUR – The price action yesterday was death by a thousand cuts, with low volume and a slow stuttering squeeze. We ran out of steam rather than ran into supply at around 1.3100 and
FX Daily
– Chinese trade data point to improving domestic demand, while a sovereign downgrade from rating agency Fitch highlights increasing debt worries.
Daily FX Technical Strategy: Three focal points
In the west, the S&P 500 is inching towards its all-time high, but in the east, geopolitical tensions remain a focus, with USD/KRW trading close to its multi-year channel high.
EUR/GBP Technical Analysis
(0,8535) EUR/GBP confirmed a further strong closing last night above the top of the previous session. We could see further strength but still expect the move up to be corrective!!
FX Daily Crosses
Today’s highlights: – EURNOK: We look for the rebound off 7.4334 trendline support to continue, with a push above 7.4851 needed for the next leg higher.
FX Daily
– Lower Chinese inflation eases tightening risk from PBoC. – Alcoa reports better-than-expected earnings on higher sales.