Tag Archives: EUR/GBP
Technical Alert
Corrections accross the board are now gaining momentum. Dollar on a lot more positive footing, € weakening, £ recovering after the January slump and some signs of JPY buying as well (AUDJPY for instance triggered its hourly head and shoulders top).
EUR/GBP Technical Analysis
(0,8518) EUR/GBP confirmed a very weak closing well below the lows of the previous sessions but also well below the support of the big inside day at 0,8545 suggesting further weakness and
FX Daily Crosses
Today’s highlights: – EURGBP: Correction lower from .8719 retracement resistance continues, with the focus remaining through .8553/.8517 support, to .8364.
FX Technical Volume Strategy: EUR/GBP buying power dominates
– EUR/GBP seeing rising volume in the rally and declining volume in recent consolidation is ultimately supportive of further gains.
EUR/GBP Technical Analysis
(0,8638) EUR/GBP confirmed further consolidation interior the big inside day with 0,8730 – 0,8545 still the levels to follow in the coming hours.
Daily FX Technical Strategy – AUD dragged down under
While the JPY continues to slip lower and bounces are faded once again, given the moves on the cross rates, the latest candidate to be dragged lower is the AUD.
EUR/GBP Technical Analysis
(0,8665) EUR/GBP confirmed further consolidation interior the big inside day with 0,8730 – 0,8545 still the levels to follow in the coming hours.
EUR/USD Analysis
The EUR was trading close to session highs against the dollar on Tuesday after data showed that the U.S. service sector expanded in January at a slower pace than in the previous month.
FX Daily Crosses
Today’s highlights: – EURGBP: Emphatic rejection of the .8719 long-term 50% retracement. We expect further weakness back through .8517 to .8364 support after the trendline break.
Daily FX Technical Strategy – Euro corrects after sharp falls in European equity markets
The rosy start to the year for risk had to end sometime and yesterday it was pegged back by a sharp sell-off in European equity markets.
Technical Alert
The euro is giving more back… EURUSD towards the low-1.34s seems increasingly likely – so far as a reaction to a prior stretch. Let’s see how this develops…
EUR/GBP Technical Analysis
(0,8558) EUR/GBP is confirming a nice correction and could still extend the move down it started after the 0,8700 overshooting.