Tag Archives: EUR/GBP
EUR/GBP Technical Analysis
(0,8126) EUR/GBP formed a negative day reversal but only a daily closing tonight below 0,8111 will confirm a s/t top.
UBS FX Technical
EURUSD – The key bullish development on Friday was the closing break above 1.3150, the 38% retracement of the May 2011 to July 2012 bear trade.
EUR/GBP Technical Analysis
(0,8130) EUR/GBP confirmed last night already a 0,8150 overshooting after the strong daily and weekly closing on Friday.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Advance continues towards the flagged resistance zone of .8150/66. We continue to expect an eventual breakout through here to complete a major base, for .8263 first.
EUR/GBP Technical Analysis
(0,8122) EUR/GBP confirmed last night another strong closing suggesting a possible test of the 0,8150 level.
FX Daily Crosses
Today’s highlights: – EUR/GBP: The focus remains on .8150/66 as the rally off .8033/4 continues to gather momentum. Above .8150/66 completes a major base for .8263 initially.
Daily FX Technical Strategy – Important yen breakout signals
Over the last 24 hours, the yen has burst into life, breaking major support levels on heavy volume.
EUR/GBP Technical Analysis
(0,8114) EUR/GBP is confirming further strength after the strong closing last night. We expect a 0,8130 overshooting where we expect good resistance in the s/t.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Recovery effort off .8033/4 chart/retracement support continues, and we look for the market to advance higher back up through .8084/.8111 to retest .8150/66.
EUR/GBP Technical Analysis
(0,8070) EUR/GBP confirmed a strong closing after a test of the 0,8080 level but it failed yet to confirm an overshooting.
FX Daily Strategist: Europe
– Underlying USD weakness heading into FOMC The USD has maintained an underlying weak tone, suggesting that investors are beginning to bet on a dovish FOMC today.