Tag Archives: EUR/GBP
UBS FX Technical
EURUSD – The pair continues to extend its gains and post new recovery highs. This morning, it traded above the resistance at 1.3386,
Daily FX Technical Strategy – Heavy volumes confirm investors are on the move
The blistering pace of change at the start of 2013 is not letting up. Volumes are high with the yen at the forefront, suggesting Japanese investors are no longer risk-averse and are searching for yield once more.
Global Technical Watch – Stale position squeeze
Volume in EUR/CHF on Friday hit its highest level since the middle of last year, and price recovered strongly above its two year average.
FX Daily Crosses
Today’s highlights: – EURGBP: Aggressive rally brings the market back up to .8228 resistance. We expect an extension above here to challenge .8263 38.2% Fibonacci retracement.
Daily FX Technical Strategy – Risk-on and decompression
In the first full week of 2013 it is becoming clear that the collective investor mindset is changing. Volumes that we have seen in FX markets are at their highest for a year.
EUR/GBP Technical Analysis
(0,8213) EUR/GBP confirmed a strong closing well above the resistance of the positive outside day at 0,8175 suggesting a firm test of the key level at 0,8228;
FX Daily Crosses
Today’s highlights: – EURGBP: Pausing at .8165 resistance, but broader bias remains higher for .8228 and then .8263 whilst above the .8075/85 support zone.
Daily FX Technical Analysis and Strategy
Stability in US equity and commodity markets is ultimately positive for risk and likely to keep the US dollar under pressure. But for now, there are some signs of USD strength.
EUR/GBP Technical Analysis
(0,8143) EUR/GBP formed a positive outside day but it failed to extend much higher its move up, at least for now! We have now 0,8175 – 0,8120 the levels to follow in the coming hours.
FX Daily Crosses
Today’s highlights: – EURGBP: Advance continues with the focus remaining on .8228 resistance high and then extension risk to our target 38.2% retracement at .8263.
Daily FX Technical Strategy – Euro fire-sale risk
The euro is under intense selling pressure at the start of the New Year and we are not convinced that the move is over, despite the markets unwinding oversold conditions in the last few days.
EUR/GBP Technical Analysis
(0,8146) EUR/GBP confirmed a positive closing and it is still well bid suggesting further upside potential.