Tag Archives: EUROSTOXX 50
€ weakness. €/JPY at support. NOK correction.
EUR/USD: With the late decline last week a bearish key week reversalwas created (here seen as a downside continuation pattern)hence enhancing our view of a forthcoming 1.33/34-test.
Daily FX Wrap and Strategy
The NZD/USD barely budged overnight, despite most G10 currencies feeling the pinch of a broad-based strengthening in the greenback. It opens this morning around 0.8190.
Daily FX Wrap and Strategy
The NZD/USD has climbed up the hill and down again over the past 24-hours. Having reached toward 0.8290 last evening it now sits below the start of week, at 0.8230.
Returning € weakness….. Oil set to break lower
EUR/USD: The congestion/correction became an anaemic one stalling already in the mid 1.31’s.
Weaker NOK. USD in the latter stage of the correction lower
EUR/USD: A near-term “Triangle” is developing and it is most likely a final consolidation in the short-term uptrend.
High AUD/USD reaction risk. EUR/NOK & EUR/SEK higher
EUR/USD: There is both attraction and resistance in the 1.3300-1.3350 area and it seems by price action of late that it will be tested.
AUD/USD could correctively test >0.98
EUR/USD: Near-term price action is more bullish than bearish but short-term tools are mostly neutral after the best fit bearish wave count was overruled Fri (>1.3033).
Stronger JPY underway, NOK/SEK seen lower
EUR/USD: The (wave e) bounce from the lower boundary of the triangle became more impulsive than normally is the case with e-waves (tends to be weak ahead of a forthcoming break).
Technical Alert
EUR/USD: Buyers gained the upper hand and closed the session high yesterday, but respected the intraday overstretch. 1.3130 remains near-term important since above it would call for a +1.3202 move.
US shares & USD up, yields flat. AUD at 1.029.
Major currencies fell against the US dollar. Weak Spanish data added to speculation of a further ECB rate cut. The Euro eased from highs near US$1.3095 to around US$1.2995 before
Technical Alert
Dollar a tad weaker since yesterday, commodities recovering and accordingly commodity currencies the best performers. EURUSD erratic moves around 1.30 continued/s and
Technical Alert
Dollar ended last week on a bullish footing and the positive $ momentum is seen continuing also this week. Euro weakess should continue (but 1.28/29 should be a relatively hard nut to crack),