Tag Archives: EUR/SEK
FX Daily Crosses
Today’s highlights: – EUR/GBP: Breakout above .8507 exposes the 61.8% Fibonacci retracement resistance hurdle of .8577.
Technical Alert
€ strength prevailing and more is expected short term.€ vs Scandies lagging a bit but are seen catching up. Sterling continues to lose ground and JPY has entered key support areas vs. both the $ and
FX Daily Crosses
Today’s highlights: – EURGBP: Aggressive rally continues higher, with the market now probing the .8507 hurdle. Above here sees the 61.8% retracement hurdle of .8577.
Technical Alert
Another day of euro congestion seen yesterday but we are now on the verge of taking the next step higher. Sterling continues to be under pressure and so does the yen (after failing to complete a head and shoulders top).
FX G10/EM Morning Trader Views
EUR – The whippy price action continues within this 1.3250/1.34 range but today we have the euro area pmi’s to contend with – right now eur x’s holding up well,
Technical Alert
USDZAR the big flyer yesterday with a 20+ big figure move…and it’s only the beginning! JPY sellers seen running into a possible bear trap.
FX Daily Strategist: US
– BoC could undermine CAD on crosses, but less so on USDCAD The focus today remains on the commodity currencies. The CAD could weaken on crosses (vs. NZD and AUD) with a dovish signal from the BoC statement/ policy report (15:00 BST) and
FX Daily Crosses
Today’s highlights: – EURGBP: Struggling to overcome the .8420 50% retracement after reversing lower from .8442 yesterday. We expect a correction lower, back to .8328, and then .8265.
Technical Alert
EURUSD remains aggressively neutral inside 1.3257 & 1.3404, while the yen comes crawling back and looks set to keep scoring for USDJPY to test ~87.80 and AUDJPY ~92.40…
Daily FX Technical Strategy – Covering JPY and EUR shorts
In Europe, the theme of EUR short covering continues to intensify along with the rally in the CAC 40. In Japan, the equity and currency relationship is rather the opposite given the recent positioning.
UBS FX Technical
EURUSD – With the MACD above its zero line, reflecting a bull trend, the resistance focus is at 1.3404, the January 14 high.
Technical Alert
EURUSD still trades in what looks like a bullish triangle, so one more high is in the cards. Theoretical targets on an upper break come in at 1.3487 or 1.3545.