Tag Archives: EUR/GBP
Daily FX Technical Strategy – EUR resilience
The sharp sell-off in peripheral European equity indices was largely ignored by FX markets on Monday, as the EUR showed signs of bullish resilience.
Technical Alert
EURUSD is set on a correctional recovery, likely to meet resistance at 1.2960\75 or no later than 1.3020? NZDUSD is testing Sep?s best at 0.8357,
EUR/GBP Technical Analysis
(0,8055) EUR/GBP confirmed still a negative closing and still below the 200 days line, still resistance at 0,8055. While below this line there will be still downside potential.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Reversal lower now probing the .8033 61.8% retracement. There exists a lot of support close by at .8019 and .8006/1, which we expect to hold.
Technical Analysis
It seems like the common currency remains under pressure with EURUSD already back testing the support it bounced off Fri. Below 1.2840 would add to the burden it must already feel…
EUR/GBP Technical Analysis
(0,8055) EUR/GBP confirmed another weak closing on Friday suggesting the cross has a top. The closing was just above the 200 days line but not sure we will remain above this line for longer especially because the weekly closing was also negative forming even a negative outside week!!
Daily Market Fundamental Levels
EUR/USD: $1.3127 Wednesday Dec5 high $1.3060 Medium offers on approach
Technical Analysis
This will be very brief (and not spellchecked…). EUR/UD & EURGBP looks offered through low and bearish looking closes yesterday…
EUR/GBP Technical Analysis
(0,8070) EUR/GBP confirmed a very weak closing last night well below the low of the negative day reversal. A daily closing tonight below 0,8065 will support direct lower levels suggesting a return below the 200 days line, now support at 0,8058.
A monthly run through the long-term charts
What’ up (or down) with vol? A clear trend has been lower implied EUR/USD vol ever since a Q3’11 high (with an interim bounce during spring this year when overall risk appetite became sour).