Tag Archives: EUR/GBP
Daily Technical Report
EUR/USD has broken the hourly resistance at1.3602 (10/06/2014 high). A short-term risetowards the resistance at 1.3677 (see also the38.2% retracement) is favoured as long as thehourly support at 1.3584 (19/06/2014 low) holds.
FX Daily
A pretty light day today in terms of data, with the only release of interest beingpreliminary euro area consumer confidence (16:00 CET),
Daily Market Technicals
Bulls take a little comfort from Thursday’s close above the 21-DMA which was the first since early May.
UBS Morning Adviser
Central banks target long-term economic potential The Federal Reserve and Norges Bank both surprised market expectations this week to the dovish side.
FX Daily Majors
Today’s highlights: AUDUSD has completed a bullish “reversal day” from its 55-day average, and we look for a retest of the June high at .9439.
Daily Technical Report
EUR/USD has broken the hourly resistance at1.3602 (10/06/2014 high). A short-term risetowards the resistance at 1.3677 is expected (seealso the 38.2% retracement).
UBS Morning Adviser
Prevailing Wisdom Unchallenged If their voting record is anything to go by, the three new faces on the FOMC failed to rock the boat overnight.
FX Daily
Today markets will probably continue to digest details from yesterday’s FOMCmeeting as the schedule mainly contains tier 2 data, although rate decisions in Norwayand Switzerland will also be in focus.
Daily Market Technicals
EUR/USD continues to drift towards the 21-DMA with bulls looking for a close above to confirm an easing of bearish pressure and see immediate focus shift to the $1.3666-77 region.
Credit Suisse: GBP View
The UK provides an encouraging template of the tradable opportunities that arrive where growth and/or inflation develops sustained momentum, notes Credit Suisse.
FX Daily Majors
Today’s highlights: USDJPY has completed a small base, and we look for strength back to 102.81/103.04.
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. In the shortterm,prices are moving sideways near this level.