Tag Archives: EUR/GBP
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
Topped out at 1.40? The familiar drivers of euro strength seem to have met their match in
FX Daily
On a very quiet day on the data front, markets will continue to digest the news overthe week with a surprisingly hawkish Fed and
Daily Market Technicals
The correction lower from ahead of the $1.3948-66 region saw the EUR/USD break and close below the rising daily channel base and 21-DMA, confirming bearish focus.
Daily Technical Report
EUR/USD declined sharply yesterday,breaching the key support at 1.3834. However,the support implied by the rising channel(around 1.3804) is intact.
FX Daily Majors
Today’s highlights: USDCAD above key resistance at 1.1225/1234 completes a “triangle” continuation pattern, and we maintain our 1.1666/1766 core target.
UBS Morning Adviser
Has liquidity preference in the CHF peaked? The SNB is expected to continue anchoring its policy firmly beyond today’s meeting,
FX Daily
The US Philadelphia Fed survey is expected to rebound in March following the sharpdrop in February. The number will give further input to how much activity is comingback and
Daily Market Technicals
The sharp move lower on Wednesday sliced through layers of support before stalling just short of the 21-DMA. Bulls will now be looking for a close above the $1.3879 level that previously supported on
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high).
FX Daily Majors
Today’s highlights: NZDUSD’s break above the medium-term “triangular” range at .8584/87 suggests a more important bull phase may be underway.
UBS Morning Adviser
USDCNY trades 1% above official fixing for first time CNH and onshore CNY continued to weaken against USD as investors remained cautious about stops and potential unwinds of structured USDCNY shorts.