Tag Archives: EUR/GBP
EUR/GBP ANALYSIS
EUR/GBP failed to confirm further weakness forming instead a positive day reversal. Only a daily closing above 0,8622 will however confirm higher levels!!
EUR/GBP ANALYSIS
EUR/GBP return below 0,8600 suggesting a possible extension of the drop toward the 200 hours line at 0,8580.
EUR/GBP ANALYSIS
EUR/GBP confirmed a nice move up yesterday finding however resistance already at 0,8667.
EUR/GBP ANALYSIS
EUR/GBP confirmed a break above the resistance of the inside day at 0,8600 supporting further strength with the 200 days line at 0,8744 the possible attraction.
EUR/GBP ANALYSIS
EUR/GBP confirmed on Friday a further session of consolidation interior the inside day with 0,8600 – 0,8505 still the levels to follow in the coming hours.
EUR/GBP ANALYSIS
EUR/GBP confirmed a session of consolidation forming even a new inside day with 0,8600 – 0,8505 the levels to follow in the coming hours.
EUR/GBP ANALYSIS
EUR/GBP confirmed a positive closing but it failed again to extend the move up above the 0,8600 level.
Spotlight/Trade Idea: Sell EUR/GBP for .8300
‘Double top’ completion signals beginning of next leg lower through .8528/.8456 to .8300. Only back above .8809 would ease bearish risk. A recovery above .8844/87 resistance zone is required to see a better tone resurface, for a re-test of .9085.
Global Macro Strategy – Trade Ideas – Sell EUR/GBP
In an ad hoc comment sent to clients on 18 August, we said that we would look to sell EUR/GBP should support at 0.8645 be penetrated. This support has now gone intra-day, and we think the time is ripe for further GBP gains versus EUR. To repeat our thoughts: The chart below (Figure 1) looks […]
Daily FX Technical Strategy – Waiting for the break
Ahead of the event risk later today, recent ranging conditions are expected to persist. Beyond that we will be monitoring important range extremes for the next directional move. A break over 1208 in S&P would indicate an optimistic outcome, as would a break below the important range lows at 73.42 in the USD index.
Swiss Timing – today or over the week-end? + Asia x asset
Sarkozy/Merkel came up with little new. SNB could disappoint today but not this week end. The move by the biggest Swiss retailer to force a pass-through of the high CHF seals its fate + Cross Asset piece on Asia. We have all known for a long time that it is very hard to teach an […]