Tag Archives: EUR/GBP
Daily Market Technicals
The spike to fresh 2014 highs was sharply reversed on Thursday with the relatively bearish close back below the 21-DMA ($1.3842) easing bullish pressure and seeing immediate focus shift back to the $1.3771 low from last week.
Daily Technical Report
EUR/USD has thus far failed to break the keyresistance at 1.3967. However, the short-termtechnical structure is positive as long as thesupport at 1.3865 (05/05/2014 low, see also therising channel) holds.
FX Daily Majors
Today’s highlights: GBPUSD stays bullish to test the multi-year range highs at 1.7044, then 1.7287 with our core target at 1.7332.
UBS Morning Adviser
Rhetoric becomes fashionable Like the euro, the New Zealand dollar has been propelled higher over the past year.
FX Daily
We expect today’s ECB meeting to be another wait-and-see one without any neweasing measures. MarioDraghi is expected to continue to sound very dovish as inflation in April again wasbelow ECB’s expectations,
Daily Market Technicals
The $1.3889-1.3905 region continues to support the EURUSD with immediate focus remaining on the $1.3967 2014 high until a break lower is seen.
Daily Technical Report
EUR/USD has broken to the upside out of itsrecent consolidation between 1.3780 (09/04/2014low) and 1.3906 (11/04/2014 high), opening theway for a test of the key resistance at 1.3967.
FX Daily Majors
Today’s highlights: GBPUSD stays bullish to the multi-year range highs at 1.7044, then 1.7285 with our core target at 1.7332.
UBS Morning Adviser
Market expects BSP to tighten policy at tomorrow’s meeting Bangko Sentral ng Pilipinas (BSP) will hold its May policy meeting tomorrow and
FX Daily
We expect German factory orders to send another signal of solid GDP growth in Q1,as we forecast an increase of 0.4% m/m in March after it rose 0.6% m/m in February.
Daily Market Technicals
The move higher continued for the euro on Tuesday with it making fresh 2 month highs by 3 pips. Immediate bullish focus remains on retests of the 2014 high with
Daily Technical Report
EUR/USD continues to consolidate after its risefrom 1.3673 (04/04/2014 low) to 1.3906(11/04/2014 high). The technical structureremains supportive as long as the support at1.3780 (09/04/2014 low) holds.