Tag Archives: EUR/GBP
Technical Analysis
ECB € index broke lower, NOK/SEK higher… EUR/USD At support… EUR/JPY Broad important support… EUR/SEK Look for a mid body buy… USD/SEK Resistance capping for now… EUR/NOK Still struggling with the ceiling… NOK/SEK Heading next for 1.1945… EUR/GBP Bullish daily candle added.
FX Market Technical Research
EUR/USD continues to trade below the 61.8% retracement of the move seen this year and remains under pressure. Corrective rebounds should remain tepid – daily technical indicators remain negative and our target remains the 1.2624 January low.
Technical Analysis
Seeking new AUD lows, SEK taking a beating… EUR/USD More congestion seen… AUD/USD Topside spike points lower… EUR/SEK Channel ceiling in focus… USD/SEK 7.0365 up for grabs… EUR/NOK Closed above the flag… USD/NOK Pressure cooker break… EUR/GBP BIG volume – non trending day… USD/CAD Next attempt at resistance.
FX Market Technical Research
EUR/USD has eroded the 61.8% retracement of the move seen this year so far at 1.2954 and dropped into 4 month lows. The resistance above 1.3081 is prolific and the 5 and 8 month downtrends at 1.3233/50 offer tough resistance for the market.
FX Market Technical Research
EUR/USD aggressively and has reached the 61.8% retracement of the move seen this year so far. While this may hold the initial test, the risk will remain on the downside and a move below 1.2954 is expected to trigger another leg on the downside to the 1.2624 January low.
FX Market Technical Research
EUR/USD steadied somewhat yesterday after the ECB press conference. While we may see further ranging, the risk will remain on the downside and while capped by the 1.3262/68 downtrends, these are the 5 month downtrend and the 8 month channel.
FX Daily Strategist: Europe
Disappointing US ADP cannot compensate for weaker PMIs elsewhere Risk remained under pressure yesterday, with sentiment weighed down by poor Eurozone and Swiss PMI data, and by pressure on Spanish and Italian bank stocks. EUR- and CHF-led dollar strength was partially reversed by the weaker than expected US ADP employment report, but while the USD […]
AUD pressured as services PMI suggests Oz economy deteriorating
With risk appetite already in the dumps following the overnight release of disappointing data out of both Europe and the US, early data from New Zealand and Australia did nothing to help the mood.
Technical Analysis
A softer €, stronger JPY, weaker NOK & MXN… EUR/USD So far kept within the band… NZD/JPY Inversed pressure cooker… EUR/GBP New lows underway… EUR/SEK Still a mid body buy… USD/SEK Finally a sign of buyers… EUR/NOK Finally some action!… NOK/SEK Volatile.
Technical Analysis
EUR/GBP lower, HUF rising and bonds back on track… EUR/USD Ending reaction?… EUR/JPY Still struggling in the bands… EUR/GBP Looking for a new low… EUR/SEK Sideways then higher… USD/SEK Waiting for buyers… EUR/NOK Slow… EUR/HUF Falling out of bed.
FOMC ready to dance with market expectations
The USD was even having a hard time holding onto gains against sterling today, which weakened on a very negative GDP report for Q1. Has the market appropriately priced in the FOMC risks here?
FX Market Technical Research
EUR/USD has again failed to maintain a minor break of the 55 day ma and sold off back into its range. Directly overhead sit the 1.3305/20 downtrends, and these continue to effectively block the topside. These are the 5 month downtrend and the 8 month channel.