Tag Archives: EUR/PLN
€/$ bearish follow through. NOK/SEK still higher
EUR/USD: After a minor bounce the pair continued its descent. Thedownside exit from the rising wedge has set 1.3295 as aviable first hand target for the decline.
Central European Daily
The CNB springs no surprise and speaks of a later exit Lower inflation, higher growth, a later departure from the exchange rate regime,
Strong rejection from the $ key support. NOK stronger
EUR/USD: The minimum target, a move above 1.3967, was yesterdayachieved however falling short of our ideal target, the wedgeceiling at 1.4020.
The dollar is approaching key support levels.
EUR/USD: The slow slide back to the mid body point, 1.3905, ofWednesday’s bullish candle is probably enough correctionso for today focus will be on a resumption of the climb.
Central European Daily
Forex and fixed-income markets in Central Europe remained calm yesterdaydespite ongoing deadly clashes in eastern Ukraine.
Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, USD/CAD
EUR/USD: Prior resistance just over 1.39 is converted into presumed support with a mid-body point now contributing to this thought.
Central European Daily
Calm markets eye central banks’ meetings Strong Czech exports and Hungarian retail sales in March
USD/JPY trades with focus on 101.85. SEK looks offered still
EUR/USD: It was a non-performing session yesterday, but few seemedinterested to bearishly distance resistance at 1.3890\1.390and until sellers start to convince again,
€ and Yen trading bid. AUD/NZD to the triangle floor
EUR/USD: After a three wave (hourly graph) kneejerk downsidereaction the market returned up close to the recent higharea hence keeping a bid undertone in place.
Central European Daily
Czech and Polish PMIs have decoupled in April Quiet regional markets eye the US payrolls report The Labour Day holiday cooled market activity in Central Europe despite ongoing tensions in
SEK selling is back on the agenda. Reaction risk (lower) in GBP/USD.
EUR/USD: The bearish reversal candle pattern the day before yesterdaywas U-turned into something equally potentially bullishyesterday.
Central European Daily
Finally, the End of the NBH rate cut cycle? The National Bank of Hungary cut base rate by 10bp from 2.6% to 2.5% in line with the expectation.