Tag Archives: EUR/GBP
FX Daily Strategist: Europe
-Fiscal Cliff talks pushed back to after Christmas – impasse an opportunity to add to USD shorts FX markets entered a risk-off tone overnight with US House Speaker Boehner having delayed the vote on tax increases for high-income earners.
Technical Alert
EURUSD gravestone doji didn’t (yet..) deliver the anticipated decline but topside spikes in the EUR x:s showing tired buyers…
FX Daily Strategist: US
– No surprise from BOJ; USDJPY traded off the highs USDJPY reacted in a ‘buy rumour, sell the fact’ manner as BOJ’s easing measures fall short of shock and awe. As widely expected,
FX Daily Crosses
Today’s highlights: – EUR/GBP: .8097 support continues to hold firm. The immediate bias remains higher whilst above here for a test of the .8166/7 key neckline hurdle. Above here exposes .8263.
Daily FX Technical Strategy – USD takes a breather
It was a busy day in FX markets yesterday as USD selling ended abruptly and the yen corrected on the crosses.
EUR/GBP Technical Analysis
(0,8134) EUR/GBP managed to confirm a positive closing but it failed to confirm the break above the resistance of the inside day at 0,8165 by a daily closing!
FX Daily Crosses
Today’s highlights: – EUR/GBP: .8097 support continues to hold firm. The immediate bias remains higher whilst above here for a test of the .8166/7 key neckline hurdle. Above here exposes .8263.
EUR/GBP Technical Analysis
(0,8146) EUR/GBP confirmed yesterday a session of consolidation forming a new inside day with 0,8165 – 0,8100 the levels to follow in the coming hours.
UBS FX Technical
EURUSD – The pair is extending its strength and focus is on resistance at 1.3287/1.3386, the May/March highs.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Bearish reversal ahead of the .8166/7 resistance, suggests a correction lower from .8156 is underway. However we expect this to be limited to .8097.
Daily FX Technical Strategy – USD kept on the back foot
US equities have bounced back. The S&P 500 index has recovered from the third two-day dip in the past month and US bonds are maintaining an offered tone as US 10y yields extend toward basing pattern targets.
Technical Alert
Price action at the top in EURUSD looks hesitant. Under 1.3144 & 1.3127/21 could trip some protective sell-stops…