Tag Archives: EUR/PLN

Weaker CAD & CHF noted. Looking for a EUR/JPY sell.

EUR/USD: Judging by price action the market remains in aconsolidation/correction in relation to the most recent sharpdrop. This means that another leg lower should materialize.

7+1 FX trades of 2014

Scandies to parity. Short NOKSEK

Central European Daily

The forint weakens, but it still trades sideways The year 2014 has been started with HUF weakening and the EUR/HUF pair moved from the levels around 296 at the end of 2013 close to 300 within 5 days.

Sell EUR & GBP into a fading near-term rally

EUR/USD: Support at the lower end of the “Cloud” was noted andrespected yesterday. The net bullish candle as a resultpoints “up-before-down”.

Technician

EUR/USD – Momentum is turning to pro-decline. Further decline at least to 1.3488 level/200-day moving average is likely.

JPY short covering. EUR weakness getting legs

EUR/USD: The bearish setup did deliver the anticipated outcome as themarket broke through the 1.3728/44 support zone attractingfresh selling. The next objective is to test and likely breakthe 1.3625 support,

Still looking for a $ rise. Sell the AUD bounce.

EUR/USD: The setup for a move lower is still in place with the falseupside break and bearish divergences in MACD andmomentum indicators (also 9 out of the past 15 Jan’sbecame losers).

Returning $ demand? AUD testing key levels, again.

EUR/USD: Even though we take into account a less liquid market thannormal, Friday’s price action, with the up-thrust peak abovethe prior peaks and 61.8% Fibo resistance,

Higher US 10year yield & Stronger stock markets. USD/TRY skyrocketing.

EUR/USD: The ascending 55day exponentially weighted movingaverage band, starting at 1.3640 represents short-termdynamic support. Buyers seem to keep the upper hand inthe holiday season thinned market.

S&P500 extending gains towards 1,835. USD/TRY tests >2.10

EUR/USD: A net move lower was recorded last week and this points lower,but the market became balanced ahead of the weekend andthe 1.3622-1.37 stalemate has to end for a fresh directional cue.

The dollar retains the upper hand & 10y US yield is about to break 3.01% Friday

EUR/USD: The post FOMC drop is still in progress. Supports at 1.3635& 1.3622 are examined. Bearishly below would call forextension towards 1.3525 next (with 1.3580 currently beingan intraday stretch to keep in mind).

Generally a post FOMC stronger dollar, but US stocks also thrive

EUR/USD: The low and bearish looking session close post the Feddecision to taper USD 10bn/mth is pointing towardsextension into attraction/support starting at 1.3622.