Tag Archives: EUR/PLN
NOK is depressed but deserves a breather anyway
EUR/USD: Yesterday’s attempt lower was responded to in the expected support area. Players face a recent both-sides rejection when they come in today and the outcome is obscured.
The dollar regains the upper hand again
EUR/USD: The fresh high (neutralizing the medium-term wave count) looks weak with a bearish candle yesterday topping the price/momentum “pre-divergence”.
Euro area growth proxy trade – is it working?
As our economists continue to expect the euro area to remain on a recovery path, we revisit the case for the euro-area growth proxies – that is SEK, NOK, PLN, HUF and CZK.
EUR/USD over 1.3418 changes outlook to neutral
EUR/USD: Yesterday’s rather decisive move through a medium-term key 1.3418 ref forces an earlier best fit wave structure from bearish to neutral/short-term bullish.
AUD falls back harder than thought & CAD seems weaker too
EUR/USD: There was nothing to inspire a directional attempt yesterday and there is nothing new in the chart inspiring a directional stance today.
The Aussie is clawing back some ground
EUR/USD: Last IMM reporting week (as per last Tue’s close) Speculative accounts added to net EUR longs and reduced shorts – both directly and indirectly as an aggregate measure.
Markets just made a fine mess of – almost everything… USD AND S&P500 simultaneously weaker?
EUR/USD: Europe went home at ~1.3250 and comes back to market a full big fig higher… Don’t see what this might bring,
GBP, AUD & SEK stronger and USD is somewhat weaker
EUR/USD: The bounce from Tue’s low has become somewhat bigger than initially thought.
The dollar takes a small breather before up again
EUR/USD: The bounce from yesterday’s low is not major, but should ideally come in a 3-wave fashion (“A-B-C”).
USD/JPY is likely to extend gains further
EUR/USD: Another moderate euro-loser was added yesterday. The micro-term move off yesterday’s low looks correctional and
Technician
EUR/USD: Continuation of trend to 1.3488 is still main technical scenario. Momentum is clearly pro-growth, but gradual loss of strength is most apparent for ROC indicators.