Tag Archives: EUR/PLN

Downside hesitation in many dollar-crosses

EUR/USD: A late topside rejection yesterday shows topside hesitation. The relatively low session close may spill into sentiment today and trigger a 1.3275-1.3255 re-test.

Technician

EUR/USD Momentum radically changed to pro-growth, but is still relatively weak. 1.3488 level should be strong support for dollar.

Diplomatic solution of Syrian crisis helps CEE currencies Polish pension funds hit by planned new restrictions On Friday, CEE market sentiment was positive mainly owing to progressing talks between Russia and

$ begins the week offered. Bullish signs €/SEK & NOK

EUR/USD: The move through 1.3325 answered the question of where to go next, to the 78.6% Fibo resistance, 1.3378.

More AUD bearish signs, USD/JPY bid

EUR/USD: Even though the initial attempt lower, breaking below 1.3276/82 was surprisingly reversed for a second test of the 61.8% Fibo resistance, 1.3321,

$ on a slippery slope, AUDNZD bear trend reaffirmed

EUR/USD: The market is after yesterday’s advance trading a few points higher than wanted, above the mid body point of the bearish candle a fortnight ago, 1.3303. 1.3322,

Stronger NOK & AUD and weaker JPY can’t be neglected

EUR/USD: The high end of “the Cloud” and the 21day “Base line” keeps capping. Over 1.3299 is needed to start seeing the Aug-Sep decline as either a more complex trend lower

Correctional moves (weaker dollar) remain in play

EUR/USD: The recent/ongoing move higher has come with two consecutive rather large daily candles. The rolling 21day high/low average aka “Base line” was respected yesterday,

Technician

EUR/USD Momentum is continuing its shift to pro-decline. Likelihood of further decline is steadily increasing.

Mainly corrective forces at play. Ended yen correction

EUR/USD: After the marginally new low was set the market entered the outlined upside correction phase.

SEK weakness temporary seen pausing.

EUR/USD: The break of 1.3157 confirmed the end to the minor reaction hence paving the way for a fresh low. So current low, 1.3117,

SEK make or break day, $ & AUD firmer

EUR/USD: The reaction back up to 1.3218 at least fulfilled the minimum criteria for a minor correction even though we think 1.3237/55 would have fitted better.