Tag Archives: EUR/GBP
Technical Analysis
EURUSD still range bound and as long as holding above 1.2870/80 no top confirmed in place, AUDUSD (& NZDUSD)small congestion before heading lower, underpinned by narrowing int rate spread, lower commodity prices etc, BOE GBP index exit rising wedge = weaker sterling,
Technical Analysis
The aussie seems to be the prevailing underdog now, with SEK & potentially also the GBP set to continue to underperform… EURUSD is stuck in range and FIRMLY outside outside 1.2820-1.2970 is needed to see a directional tilt…
FX Daily Crosses
Today’s highlights: – EUR/GBP: Recovery commences off .7923 support with the market threatening to break out above .8010. We remain bullish for .8115 first.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Basing efforts continue to unfold, and whilst above .7910/.7893 support zone we expect further upside to .8115 initially.
Daily FX Technical Strategy: AUD look out
At the start of a new quarter, the AUD is taking centre stage. AUD/NZD appears to have completed a huge Head and Shoulders top and conservatively threatens to revisit its 2011 low.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Still holding above .7910 trendline support as the market continues to develop a base. We expect upside to .8115 initially.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Basing efforts unfolding with the defence of .7910 trendline support. We expect an advance from here back to .8115/9 then .8157.
Daily FX Technical Strategy: JPY appreciation continues
Overnight profit taking in US equities saw the S&P move back within its multi-week rising channel. This is keeping US bonds bid, which in turn is providing near-term support for JPY.
Daily FX Technical Strategy: USD double take
The trend to sell the dollar stopped last week and on Friday we saw the first signs of USD demand in two markets where recently it was particularly weak;
Technical Analysis
EURUSD could extend losses towards 1.2970, but this draws no headlines – which USDJPY does better, while breaking the recent 79.04 high (on BoJ “QE”). Next target at 79.66 now in sight…
Technical Analysis
EURUSD is allowed to pause the otherwise paced move higher. Levels at 1.3060 or possibly even 1.2975 could be rechecked… EURJPY has rushed higher, but also a touch too fast.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Our bias stays higher through neckline resistance at .8050 to test the .8096 barrier next. We expect major resistance at .8126/57 to provide a ceiling.