Tag Archives: EUR/SEK
FX Daily Crosses
Today’s highlights: – EURGBP: Failing ahead of the .8420 long-term 50% retracement. We expect a correction lower from here back to .8328, with overshoot to .8265 which should hold.
FX G10/EM Morning Trader Views
EUR – Disappointment on Friday at the failure to break those offers at 1.3400/05 led to a nasty flush out in the LDN afternoon all the way back to the 1.3280 lvl but even then no follow through on downside.
Technical Alert
A rather uneventful morning with many pairs in consolidation mode. Noted are however the returned demand for bonds and a potential textbook inverse head and shoulders pattern in BUNDS.
FX Daily Crosses
Today’s highlights: – EURGBP: Strong breakout through .8346 78.6% retracement resistance paves the way for further upside to .8420 and potentially then .8507.
Technical Alert
Key stories remains the stronger euro and the weak jpy and gbp. Precious metals made a substantial move higher. EURUSD failed to make the down and up move (became an up only one…) and
FX Daily Strategist: Europe
– EUR still in the driving seat; stay long EURCHF and EURSEK The EUR has bounced back with EURUSD up in the 1.3350-1.3400 range, EURJPY broke above 120.00 and EURCHF cracked the 1.2500 resistance.
FX G10/EM Morning Trader Views
EUR – Whippy in this 1.3250/1.3330 range as the mkt trys to work out the next move – Yesterday still some decent demand on the dip from RM and Corp a/cs in eur and
Technical Alert
Not terrible eventful overnight…. AUD losing some ground and JPY a tad weaker. EURUSD worked its way into a broader support zone yesterday and bias hence remains for more losses,
FX Daily Crosses
Today’s highlights: – EURGBP: Reversal lower from .8328 continues with risk to pivot support at .8228 and potentially then .8213 trend line support.
FX G10/EM Morning Trader Views
EUR – Another fail on the topside at 1.34 and comments by Junker regarding the strength of the eur ruined the uptrend in the short term yesterday as we broke 1.3300/10 support
Technical Alert
The euro is still on the back foot and the yen is healing the hurts, at least some of it… EURUSD looks staged to recheck a short-term Fibo retracement grid below, starting at 1.3250.
FX Daily Strategist: US
– Earnings season uncertainty could provide tactical support for USD The focus continues to remain on the EUR and the JPY, less so on USD. Comments from Bernanke overnight remain in synch with our view that QE continues well into 2014,