Tag Archives: EUR/GBP

FX Daily

US small business sentiment (NFIB) has risen considerably over the

Recent rallies have been unable to break above the 21-DMA with

EUR/USD weakened on Friday. Although the support at 1.1262 is intact thus far,

EURUSD: Even though the first attempt lower didn’t play out

The combination of ECB’s QE announcement, a weaker euro and

Recent rallies have been unable to break above the 21-DMA with the resulting

EUR/USD is looking for short-term direction.

Today’s highlights: EURUSD’s spotlight stays on the price and 21-day average resistance at 1.1495/1.1534.

The main event is the US employment report for January, which we expect to show

Bulls continue to take some comfort in the recent bounces although

German factory orders are set to have increased 1.5% m/m in December after a weak print in November.

The 21-DMA confirmed its significance as resistance with bears feeling