Tag Archives: EUR/GBP
FX Daily Crosses
Today’s highlights: * EUR/GBP: An inside session sees a quiet start to the week and the spotlight still on the .7925/64 barrier, which we still look to try and cap to keep the medium-term trend lower.
FX Daily Crosses
Today’s highlights: * EUR/GBP: We look for renewed selling to emerge at .7930/64 and for the downtrend to resume from here. * EUR/JPY: Prices continue to coil sideways, but while 97.73/72 minimally holds recovery risk remain to 100.00/01 ahead of 100.72, where we would expect renewed selling.
FX Daily Crosses
Today’s highlights: * EUR/GBP: The corrective bounce continues, but we still expect .7930/64 to cap to maintain the medium-term downtrend. * EUR/JPY: A break of 97.73/72 is needed to ease further recovery strength to 100.00/01, ahead of 100.72 where we would expect renewed selling.
FX Daily Crosses
Today’s highlights: * EUR/GBP: The recovery bounce has extended, but we look for .7934/64 to cap to maintain the medium-term downtrend. * EUR/JPY: The push above 98.77 keeps the immediate risks higher to 100.72 where we would expect renewed selling.
FX Daily Strategist: US
Sentiment recovers as expectations of ECB response persist; USD hurt A more risk positive tone has come through today with european equities higher with financials outperforming, the catalysts being good Spain bill auctions (much lower yields) and a UK Telegraph story putting more weight behind yesterday’s story the ECB was looking to target peripheral […]
FX Daily Crosses
Today’s highlights: * EURGBP: A choppy sideways range continues to dominate nearterm, but and we remain biased for a test of .7790 ahead of .7755/40.
FX Daily Crosses
Today’s highlights: * EURGBP: Prices remain in tight range near term, but we remain bearish for a test of 7790 ahead of .7755/40. * EURJPY: The risks remain higher to 98.33/87 next with scope up to 100.72, which we would expect to cap for a turn lower.
FX Daily Crosses
Today’s highlights: * EURGBP: The risks are still seen lower to .7790 then .7755/40 ahead of the .7694 2008 low.
Technical Analysis
Firmer $, correcting Scandies, bond yields on the rise… EUR/USD Breaking down from the flag!?… USD/NOK Bouncing off the 2009 top line… EUR/SEK At least an 8.31 bounce… USD/SEK Trying to hammer out a base…
FX Daily Crosses
Today’s highlights: * EURGBP: We allow for the squeeze higher to extend, but look for .7950/64 to cap to see a test of the .7755/40 support. * EURJPY: Removal of recovery trend support at 96.10 would see bearish forces mount for 94.92 ahead of 94.11.
FX Daily Strategist: US
* EUR recovery withstands soft euro zone GDP release We retain our that the path of least resistance continues to be the EUR/G4 crosses (EURUSD, EURUSD and EURJPY) being much more vulnerable to upside surprises on a 4-6 week view, as opposed to downward surprises.
FX Daily Strategist: Europe
* EUR recovery to be tested by eurozone GDP release EUR has continued to hold up well despite a barrage of negative political headlines, such as German press reports suggesting the German constitutional court ruling (Sep 12) on ESM and fiscal union could be further delayed.
