Tag Archives: EUR/GBP

FX Daily Majors

Today’s highlights: DXY $ Index above 81.38/48 sees a base established, for 83.40/48.

We expect euro flash CPI for July to reach a new cycle low at 0.4% y/y (consensus0.5% y/y) down from 0.5% y/y in June.

Pressure on the $1.3390-00 region resulted in fresh 2014 and 8 month lows before the pair bounced a little from ahead of the 100-WMA.

USD: DXY heading towards 81.7

EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and

Today’s highlights: USDCAD above 1.0871/90 would see a larger base established.

Main event will be the FOMC statement tonight (no press conference or newprojections at this meeting).

EUR/USD is hovering precariously above the $1.3390-00 region as it consolidates Tuesday’s break below the 200-WMA ($1.3419),

Today’s highlights: NZDUSD remains under pressure, and stays bearish towards .8480 next, then .8453/43.

EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and

Main event today will be a meeting between EU ambassadors aiming to close a dealon so-called phase 3 sanctions against

Consolidation above the 200-WMA combined with O/S daily studies due a correction are a concern for bears with