Tag Archives: EUR/GBP

FX Daily Majors

Today’s highlights: EURUSD spotlight remains firmly on its 200-day average at 1.3636/35, below which would add weight to thoughts of a larger top.

Positive $ index break. EUR/PLN fell out of bed

EUR/USD: With a still persisting hourly RSI divergence, the price outside the 55d ma Bollinger and with the still firm 1.3635 support we cannot but read the setup as supportive to the 1.3730 bounce suggested yesterday.

UBS Morning Adviser

Leap-frogging the Australian Dollar FX reserve managers and sovereign wealth funds are adding renminbi to their portfolios,

FX Daily

German IFO and US new home sales will be the main data to watch. We look for a small rise in the German IFO, pointing to continued robust growth inGermany.

Daily Market Technicals

EUR/USD continues look heavy with lower daily highs weighing, but support remains on approach to the 200-DMA. Bulls now look for a close back above the $1.3688 level to

FX Daily Majors

Today’s highlights: EURUSD spotlight remains on its 200-day average at 1.3635, below which can add weight to a large bearish “wedge” scenario.

Daily Technical Report

EUR/USD successfully tested the strongsupport at 1.3643 (see also the 200 day movingaverage) yesterday. However, a break of theinitial resistance at 1.3732 is needed to confirm ashort-term exhaustion of the selling pressures.

UBS Morning Adviser

Core-headline inflation divergence apparent, but no policy response (yet) For many central banks targeting the elimination of spare capacity,

FX Daily

Today is PMI day with both the euro area and the US releasing Flash PMI forMay.

Daily Market Technicals

The move lower continued for EUR/USD overnight as the pair dipped towards the 200-DMA. Despite very O/S daily studies, bearish pressure dominates with bulls needing to

Daily Technical Report

EUR/USD has made a bullish intraday reversalnear the key support area between 1.3673 (seealso the long-term wedge formation) and 1.3643(see also the 200 day moving average).

FX Daily Majors

Today’s highlights: USDJPY continues to threaten an important top, with a break below 100.75 needed to confirm.