Tag Archives: EUR/GBP

Daily Technical Report

EUR/USD has further improved, breaking outof its short-term declining channel and pushingabove near term resistance. Monitor theresistance at 1.3820 (see also 50% retracement).

FX Daily Majors

Today’s highlights: AUDUSD has achieved our .9410/.9510 core target and we start to look for signs of exhaustion.

FX Daily

Another day with few releases of interest on the global scene. French industrialproduction is expected to rise moderately by 0.2% m/m in February underlining aslow French recovery.

UBS Morning Adviser

Endless banter on renminbi levels helps no one After a long slumber, it appears the old China-US dispute over exchange rates is flaring up again.

Daily Market Technicals

EUR/USD broke and closed well above the 21-DMA on Wednesday but the continuation higher has so far stalled ahead of the key $1.3879 level that acted as support in mid Mar.

EUR/USD has improved, breaking out of itsshort-term declining channel. Monitor theresistance at 1.3820 (see also 50% retracement).Hourly supports now lie at 1.3734 (intraday low)and 1.3673. Another resistance can be found at1.3876.

FX Daily Majors

Today’s highlights: USDJPY’s collapse below 102.79/63 turns the spotlight back on key range support at 101.20/100.75.

FX Daily

Another quiet day on the global agenda. FOMC minutes tonight might beinteresting given the upward adjustment to the Fed rate projections at the Marchmeeting.

UBS Morning Adviser

A weak currency can only take you so far Despite expectations to the contrary, the Riksbank is far from being in a position to shift tones.

Daily Market Technicals

As daily tech studies correct from O/S levels the EUR/USD continues to work its way higher with the 21-DMA currently capping. The move higher has eased bearish pressure but bulls now need

FX Daily Majors

Today’s highlights: AUDUSD holds above its 13-day average, leaving the recovery intact to .9334/38 next, ahead of our basing objective at .9410/.9510.

Daily Technical Report

EUR/USD is bouncing close to the key supportat 1.3643. Hourly resistances are given by 1.3753(02/04/2014 low) and the declining channel(around 1.3786). Hourly supports now lie at1.3694 (07/04/2014 low) and 1.3673.