Tag Archives: EUR/GBP
Technical Alert
Another eventful day with several milestones passed. In general we are looking for more dollar strength (perhaps excluding JPY & GBP, both looks reaction prone to us).
EUR/GBP Technical Analysis
(0,8646) EUR/GBP confirmed a weak closing well below the low of the previous session but only a daily closing tonight below 0,8629 will confirm a s/t top!!
FX Daily Crosses
Today’s highlights: – EURGBP: Break through .8718/9 resistance sees the market challenge trendline resistance at .8766, and also exposes the .8779/.8800 retracement cluster. We look for this to cap.
EUR/GBP Technical Analysis
(0,8637) EUR/GBP confirmed a strong closing above the resistance of the inside day at 0,8695 suggesting further strength.
FX Daily Crosses
Today’s highlights: – EURGBP: Breakout above .8686 exposes the high of .8718 once again. The market would need to breakout above here to expose .8800/33 resistance zone.
EUR/GBP Technical Analysis
(0,8697) EUR/GBP confirmed a strong closing while however still confirming further consolidation interior the inside with 0,8695 – 0,8570 still the levels to follow in the coming hours.
Technical Alert
EURUSD did not develop a triangle, but must break 1.3520 to disqualify a bearish wave count in the making…
No change from G20: G4 currencies stay weak
As we’d expected, the weekend G20 statement contained no real news. It would certainly have been surprising had it singled out Japan as already pursuing over-aggressive
FX Daily Crosses
Today’s highlights: – EURGBP: Struggling again towards the upper end of the current trading range. We continue to expect the market to remain capped by .8686, with risk towards .8442.
FX G10/EM Morning Trader Views
EUR – Quiet and rangey yesterday with it being a US holiday and o/n we have stuck to similar ranges 1.3330-70.
EUR/GBP Technical Analysis
(0,8624) EUR/GBP is confirming further consolidation interior the inside with 0,8695 – 0,8570 still the levels to follow in the coming hours.
FX Daily Crosses
Today’s highlights: – EURGBP: Rebounding higher as support at .8571 holds for now. Despite this, we expect upside to be limited to .8686 resistance, with risk still lower for .8442.