Tag Archives: EUR/GBP
EUR/GBP Technical Analysis
(0,8397) EUR/GBP is confirming further consolidation interior the inside day with 0,8400 – 0,8270 still the levels to follow in the coming hours. The closing last night was again strong above the top of the previous session suggesting further strength.
Asian Summary
EUR opened at $1.3260 in Asia after a day of headline watching as the Greek debt deal saga lingers on. Latest reports show that the Greek political parties still disagree on an aspect of the Troika’s pension reform which is required to sanction the 2nd bailout package.
EUR/GBP Technical Analysis
(0,8340) EUR/GBP is confirming further consolidation interior the inside day with 0,8400 – 0,8270 still the levels to follow in the coming hours. The closing last night was strong above the top of the previous session suggesting further strength.
FX Market Technical Research
EUR/USD is right at the top of the 1.3280 range, this represents a return to point of break out from the previous uptrend (see weekly chart on the next slide). However the move yesterday looks directional and that the market appears to be breaking higher from a bull flag pattern.
Asian Market Summary
EUR opened on a firm footing in Asia after progress was made yesterday in the Greek debt swap deal on confirmed reports that an austerity agreement was being drafted and would be presented to the cabinet today.
EUR/GBP Technical Analysis
(0,8315) EUR/GBP is confirming further consolidation interior the inside day with 0,8400 – 0,8270 still the levels to follow in the coming hours. It tried yesterday to break the support but the closing suggests it was a false break.
FX Market Technical Research
EUR/USD near term trading is limited to 1.3000-1.3250/80. We wait a break from here to determine the short term direction. We remain biased towards failure at 1.3245/50, the 38.2% retracement of the move down from November.
Technical Analysis
The positive vibes ending last week seems to be prevailing, perhaps except the euro that has continued to slide after the topside failure. EURUSD still trapped in the 1.3026/1.3219 range but with a negative undertone, EURAUD have broken to a multi decades low,
Asian Summary
EUR/USD gapped down on the open this morning in Asia at $1.3120 after Friday’s NY close of $1.3157 and headed lower after weekend news pointed to a delay to the Greek debt swap deal until later today.
Technical Analysis
AUD @ resistance, NOK/SEK @ support & silver bid EUR/USD – Still stuck in the 55d ma band…AUD/USD – At least short term exhausted…EUR/GBP – Hanging below the flag…
EUR/GBP Technical Analysis
(0,8305) EUR/GBP confirmed yesterday further consolidation interior the inside day with 0,8400 – 0,8270 still the levels to follow in the coming hours. The closing was however small positive.
FX Market Technical Research
EUR/USD while we remain biased towards failure at 1.3245/50, the 38.2% retracement of the move down from November, chart action at this juncture is not at all clear. The erosion of the near term uptrend has provoked NO follow through and we could even argue that there is a potential ‘bull flag’ developing.