Tag Archives: EUR/PLN
CAD & AUD is getting all the heat while GBP basks in the sun
EUR/USD: It’s not here action is at the moment. The most recentdirectional information was two sets of near-term bearishimpulses intersected by a correctional structure.
Central European Daily
Monetary easing to be continued in Hungary The National Bank of Hungary moderated base rate by 15bp from 3% to 2.85% on Tuesday.
AUD & CAD corrections are taking place
EUR/USD: Buyers keep responding in the low 1.35s but there is still a1.3580 cap in place. One side has to give to show the way.Intraday stretches are currently located at
Central European Daily
Hungarian forint weakens ahead of NBH meeting We expect NBH to slow down the pace of rate cut cycle
AUD under pressure, NZD bid again & EUR/JPY rechecks resistance
EUR/USD: A descending line of support has formed. But old support inthe mid-1.35s is seemingly acting as resistance. There arequite a few refs to reclaim to get the short-term key refabove at 1.3700 back in sight.
Technician
EUR/USD: Momentum is now tilted towards decline. Consolidation around 60-day moving average is still possible (200-day/20-day moving average range),
Central European Daily
Czech and Polish CA showed deficit in November On Friday, the Central European currencies barely moved.
€ 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.
Central European Daily
CNB’s governor Singer is not afraid koruna’s strengthening after exiting from the current regime No more foreign currency issuance from the Polish MinFin this year
The NOK continues to be under pressure
EUR/USD: A choppy intraday session, squeezed between the 1.3581support and the 1.3625/45 resistance end almostunchanged. The latest more was however an impulsive dropfrom 1.3650 to
Central European Daily
Polish inflation slightly rose in December … … to hit 0.9 % on average in 2013 On Wednesday, the Polish statistical office followed its Hungarian peer and released data on December inflation.
Positive $ signs, sell the NOK and MXN
EUR/USD: The first step of the next attempt to break the 55d ma andJuly support line has now been taken. The bounce from the1.3581 low point should be seen as corrective hence anopportunity to sell.