Tag Archives: EUR/GBP
Daily Technical Report
EUR/USD has risen sharply, moving above theresistance a 1.3845. However, the failure to holdabove this level suggests a potential falsebreakout. A resistance now lies at 1.3876.
FX Daily Majors
Today’s highlights: AUDUSD focus remains on the 200-day average at .9138, a close above which can reassert a “head & shoulders” base, for .9410/.9510.
Weaker pound and an annoying USD/SEK “UpThrust” noted
EUR/USD: The market closed the session off the session’s best but stillhigh enough to show some kind of near-term demand – inspite of an earlier in the session break below 1.3766 whichindicated a completed correction higher.
UBS Morning Adviser
Is relative market calm in EM due to lighter activity? In recent weeks EM FX markets have shown remarkable resilience in the face of
FX Daily
In the data calendar the main event is the release of IFO-business climate. We expecta decline in business climate to 110.8 from 111.3 but yesterday’s weak manufacturingand services PMIs for
FX Daily Majors
Today’s highlights: USDCAD defends the point of breakout at 1.1157/53 keeping the trend higher to 1.1479, then our 1.1666/1766 core medium-term target.
Daily Technical Report
EUR/USD has broken the support implied byits rising channel, invalidating the uptrend inplace since February. The short-term technicalstructure is negative as long as prices remainbelow the resistance at 1.3845 (20/03/2014 high).
UBS Morning Adviser
Dollar primed for a major rally in the coming months During last week’s FOMC meeting, Fed Chair Yellen implied that the first hike to
FX Daily
The main focus will be the release of the flash PMIs. In the euro area we expect thecomposite PMI to have declined slightly to 53.1 in March from 53.3 in Februarydriven by a drop in the manufacturing PMI,
Daily Market Technicals
The correction lower from ahead of the $1.3948-66 region Thursday saw the EUR/USD break and close below the rising daily channel base and 21-DMA with the
FX Daily Majors
Today’s highlights: USDCAD is consolidating gains, but we stay bullish for 1.1479, then our core medium-term target at 1.1666/1766.