Tag Archives: EUR/GBP

Daily Market Technicals

Recent failures ahead of $1.3000 last week resulted in fresh lows with bulls now needing a close above

U.S. Review FOMC Meeting Does Little to Change Our Outlook • The Fed lowered its projections for GDP and unemployment slightly,

EUR/USD remains capped by the short-termdeclining trendline and the hourly resistance at1.2988 (05/09/2014 high).

Today’s highlights: EURGBP continues its decline and we stay bearish here for

Main focus will be the digestion of the Scottish referendum. The ‘No’ vote means wewill see some relief in the markets.

EUR/USD has currently found support ahead of the recent 2014 low with the bounce seeing the pair heading back

EUR/USD has failed to break the hourlyresistance at 1.2988 (05/09/2014 high).

Today’s highlights: USDJPY has surged higher and we stay bullish for 109.31, ahead of 110.67/111.60.

The result of the first ECB TLTRO will be announced and we expect a fairly low takeof EUR97bn.

The inability of the euro to take out the $1.2995 level has resulted in a resumption of the sell-off and

Today’s highlights: GBPUSD stages a “bullish” outside” reversal,

EUR/USD is bouncing from its oversolddecline. However, the hourly resistance at 1.2988(05/09/2014 high,