Tag Archives: EUR/PLN
Eroding dollar support. More SEK weakness
EUR/USD: The break of 1.3821 sent the pair higher to 1.3871, just awhisker away from our 1.3877 stop (to the bearish Mar 14call).
Central European Daily
Forint firms to a 9-month high Czech inflation remains low A stronger than expected industrial output growth together with
JPY buying taking a pause (but there’s more to come)
EUR/USD: Monday’s rally continued also yesterday with the marketrising back above the 2008 trend line threatening the 1.3821resistance.
Central European Daily
Czech and Hungarian industrial output grows more than expected On Monday, the Czech industrial output surprised analysts by a 6.7% y/y rise in February,
USD/JPY testing important support near 102.70
EUR/USD: The par was refused more than a blip below the Fiboadjusted short-term “Ichimoku cloud” Fri and there wassome bullish follow-through yesterday too. This pointtowards 11.3775 before down.
Central European Daily
Hungary’s elections: the main question remains open The result of the Hungarian parliamentary election was in line with the expectations.
Signals for a stronger yen. AUD/USD close to target
EUR/USD: The break of 1.3698 brought us down to a new cycle low butthere wasn’t enough supply to push prices down to the1.3643 key support.
Central European Daily
May receive Fidesz two-third or simple majority? Hungarian Parliamentary election will be held on this Sunday (6 April).
Dollar continues to be in demand. SEK weaker.
EUR/USD: The break, however not yet sustained, of 1.3704 has furtherenhanced our bearish view calling for more selling to soontake place. Short term there will be some further consolidation in
Dollar and NOK/SEK liked higher
EUR/USD: The past three days has developed into a relatively bearishpattern with each day printing a marginally new high beforefalling back and closing below the 2008 top line.
Central European Daily
CEE currencies marginally eased yesterday after a slightly worse than expected PMI had been released. However, PMI remained above 50, indicating ongoing economic recovery.
USD/JPY is higher than previously thought, but resistance is still there
EUR/USD: The near-term move up from the recent 1.3704 looks farfrom impulsive, but could still test the 21day equilibriummeasure at 1.3835 before down.