Tag Archives: EUROSTOXX 50
Technical Alert
The € correction coming closer to its end, we think. JPY rebound looks unconvincing so probably soon stronger and especially so vs. the €, EQUITIES rallying but BOND reactions muted.
Technical Alert
EURUSD did not develop a triangle, but must break 1.3520 to disqualify a bearish wave count in the making…
Technical Alert
EURUSD trades in a contracting range, seen as a bearish continuation pattern. Once broken the mid-1.32s should be targeted. Key ref above remains located at 1.3520…
Technical Alert
EURUSD added some gains yesterday, but there is more resistance to conquer at 1.3484\93 & at 1.3597 to turn the picture convincingly bullish.
Technical Alert
Corrections accross the board are now gaining momentum. Dollar on a lot more positive footing, € weakening, £ recovering after the January slump and some signs of JPY buying as well (AUDJPY for instance triggered its hourly head and shoulders top).
Technical Analysis
The common currency ended last week on a clearly bullish footing and will probably begin the current week in the same manner. There are however some important resistances on the horizon.
Technical Analysis
EURUSD violated the 1.2882 res, making going into today with a bid undertone (one more high?), USD index wave pattern suggesting an upside turn from 80.50,
Technical Analysis
Hello Mr. Riskoff – ECB failed to deliver what was “demanded”… EUR/USD A correctional high in place… EUR/GBP Correctional high at resistance… EUR/SEK Lower yes, but also “wedgy”… USD/SEK Weak attempt under support… EUR/NOK Fresh low likely… NOK/SEK Could correct the stretch.
Technical Analysis (Short Cycle Report): Gold rolling over
Gold is in the early stages of its next big wave down. As long as USD1,641 continues to hold as resistance the probabilities that the crucial USD1,522 support is broken remain high. Cable looks particularly vulnerable to losses, stock markets are cycling lower and the 10-year Bund yield is at a strong resistance zone.
Technical Analysis
EURUSD is correctively higher, but should ideally turn lower from Fri’s ~1.3195 mid-body point… GBPUSD bearishly violated the 1.5644 ref and should extend losses, initially towards 1.5580/40. Resistance starts at 1.57…
Technical Analysis: USD-TRY at strong support
USD-TRY is at a strong support zone with a high risk of an upward reversal. Gold has broken down from its ending diagonal and the structure of the initial fall suggests more weakness to come. Stocks are at the upper limits of the bear market rally from October but EUR-USD may have another short-term rally […]
Technical Analysis
The euro correction elaborated around Friday morning became more short lived than outlined. Key day reversals seen in several EUR & USD pairs, suggesting that the underlying trends, weaker euro/stronger dollar is back on track.