Tag Archives: EUR/GBP
Daily Market Technicals
The 21-DMA failures have resulted in a dip back towards the 100-DMA with bulls now needing a close above the $1.3753 level to ease bearish pressure, while a close above the 21-DMA remains needed to
Daily Technical Report
EUR/USD weakened yesterday, breaking theshort-term rising trendline. Furthermore, thedeclining trendline still favours a bearish bias.Key supports stand at 1.3705 and 1.3643.
FX Daily
Today’s main event will be the ECB meeting. The probability of immediate easingfrom the ECB has declined as indicated by statements from vice presidentConstancio that “the low figure of inflation in
Daily Market Technicals
The recovery from $1.3705 appears to have run out of steam ahead of the 21-DMA with a close above needed to give the bulls hope and retest the key $1.3879 resistance targeted.
UBS Morning Adviser
Does anyone want to win the balance sheet stakes? President Draghi can expect the usual questioning monetary conditions on Thursday.
Daily Technical Report
EUR/USD continues to bounce after the test ofthe support at 1.3708. However, the decliningtrendline still favours a bearish bias. An hourlyresistance can be found at 1.3847 (25/03/2014high). Another resistance lies at 1.3876.
FX Daily Majors
Today’s highlights: USDJPY focus turns to important resistance at 103.64/77. Above here is needed for a better base in the range to test 104.85/94 next.
UBS Morning Adviser
Corporate Inflation Expectations Elevated Surprisingly, Japanese corporates attach some credibility to
FX Daily
We have a light calendar in terms of data releases and markets could be in wait-andseemode ahead of the ECB meeting tomorrow and the US job report on Friday.
Daily Market Technicals
The recovery from Friday’s $1.3705 low continues as daily studies threaten to correct from oversold levels and remain supportive of further topside. Bulls look for a close above the 21-DMA to
Daily Technical Report
EUR/USD is bouncing near the support at1.3708. However, the declining trendlinecontinues to favour a bearish bias. An hourlyresistance for a short-term bounce can be foundat 1.3847 (25/03/2014 high). Another resistancelies at 1.3876.
UBS Morning Adviser
Firmer EURUSD positioning not an independent FX event In the latest Global Positioning Summary (Mar 26th),