Tag Archives: EUR/GBP

FX Daily

Euro retail sales are expected to have increased 0.5% m/m in June. Consumerconfidence,

Rallies continue to stall ahead of $1.3445 with bulls needing a close above to confirm an easing of bearish pressure and

Today’s highlights: EURUSD has found a near-term floor at the 50% retracement barrier at 1.3374,

EUR/USD is bouncing within its underlyingdowntrend. Hourly resistances can be found at1.3444 (28/07/2014 high) and

EURUSD: Could recheck the high-1.34s. Last week ended with a potentially bullish ‘Doji’ candle for the period.

Following plenty of releases last week, we are heading for a quieter week on theglobal agenda.

After finding support ahead of the 100-DMA last week the EUR/USD bounced to marginally trade above the previous $1.3444 resistance.

U.S. Review Growth Returns to a Solid Footing • The economy expanded at a 4 percent pace in the second quarter of the year,

EUR/USD is in an underlying downtrend.However, the last two days have displayed largelower shadows,

The US employment report and ISM manufacturing will wrap up a busy week.

EUR/USD again found support Thursday ahead of the 100-WMA with s close below last seen in July 2013.

EUR/USD is in an underlying downtrend.However, monitor the support at 1.3367 impliedby yesterday’s intraday bullish reversal (hammerformation).