Tag Archives: EUR/GBP
FX Daily Crosses
Today’s highlights: – EURGBP: Market remains capped by .8686 resistance and we continue to expect a decline back to range support at .8442. Below here targets .8364/50.
EUR/GBP Technical Analysis
(0,8610) EUR/GBP confirmed a session of consolidation forming a new inside with now 0,8695 – 0,8570 the levels to follow in the coming hours.
FX Daily Crosses
Today’s highlights: – EURGBP: Resistance found at .8686, importantly ahead of the .8718/9 hurdles. We still expect the market to reverse lower to target .8442 chart support once again.
EUR/GBP Technical Analysis
(0,8640) EUR/GBP confirmed an important rebound and a strong closing also last night suggesting further upside potential.
FX Daily Crosses
Today’s highlights: – EURGBP: Rebound back challenging topping trendline resistance at .8632. We expect a reversal lower from the upper end of this current range and for a decline lower to .8364/50.
FX Daily Crosses
Today’s highlights: – EURGBP: Rebound higher from support found at .8442 turns the focus higher for .8642 trendline resistance, which is expected to cap the market. We continue to target .8364.
Daily FX Technical Strategy – Persistent JPY weakness moves the goalpost
JPY weakness shows no signs of slowing and across a number of crosses we find initial targets for the year either being broken or approached early this week.
Technical Alert
EURUSD added a bullish candle yesterday, but while stuck below 1.343058 it looks like a short-lived correction. Back under 1.3357 would confirm this…
EUR/GBP Technical Analysis
(0,8550) EUR/GBP confirmed a sensible correction forming a positive outside day with now 0,8585 – 0,8430 the levels to follow in the coming hours.
Technical Alert
Greater part of Asia on holiday so calm start of the week. The £ recovery continued at full speed also on Friday making the week end as the largest single week decline in EURGBP in 2y.
EUR/GBP Technical Analysis
(0,8480) EUR/GBP confirmed another very weak closing on Friday and also the weekly one was weak, well below the previous week’s low suggesting further downside pressure.
FX Daily Crosses
Today’s highlights: – EURGBP: Bearish reversal signals that .8718/9 is set to continue to cap. We still target .8364 interim chart support. Below sees the 38.2% retracement at .8337.