Tag Archives: EUR/GBP

FX Daily

Another quiet day on the data front. Only number of interest will be US existing homesales, which is expected to have stabilised over the summer.

The recent hesitation at the $1.2845 level is a concern with bulls needing a close above to add support to the case for

EUR/USD has faded near the resistance at1.2901. Monitor the hourly support at 1.2706(16/10/2014 low,

Today’s highlights: USDCAD trend stays higher to retest channel and

The current hesitation at the $1.2845 level is a concern with bulls needing a close above to add support to the case for

The USD (DXY) reversed back to re-test the multiyear downtrend – will it?

Heavy sell-off in peripheral bonds The risk sentiment in EUR remains limited as Greek 10-years climb to 9% for the first time since October 2013.

Today’s highlights: EURUSD continues to correct higher, but we still look for

EUR/USD made a large daily lower shadowyesterday, suggesting persistent short-termbuying interest.

Fundamentals are taking a bit of a backseat in the market and

The dip below the 21-DMA ($1.2717) Thursday was brief with bulls taking comfort in the bounce that followed.

EUR/USD has broken to the upside out of itsshort-term symmetrical triangle.