Tag Archives: EUR/SEK

FX G10/EM Morning Trader Views

EUR – Trades poorly, only just managing a close above the 200 day (1.2830) in ny and now running stops 1.2810-1.2782 low. Its the first time i dont want to be no long eur now that these range lows at 1.2800 have broken.

Technical Analysis

Last week we saw the greenback ending on the strong side and equities, eur, jpy and commodities on the weak side. We are mainly looking for more of the same given that EURUSD has violated 1.2825 = sub 1.2804 (possible 1.2770 enough for the day), USDJPY stronger resistance 80.68/85,

FX G10/EM Morning Trader Views

EUR – Traded poorly in the afternoon yesterday after that squeeze 1.2925-1.2983 and with no bounce in asia/late ny above 1.2950 we aggress the stops below to 1.2887 low this morning.

Technical Analysis

The dollar holds the upper hand despite improved stock market sentiment… EURUSD is still thought to test the mid/low-1.28s, while USDJPY is expected to take out the recent 80.38 high, for extension towards 80.56\63…

FX Daily Crosses

Today’s highlights: – EUR/GBP: Decline lower persists, with the market breaking immediate trendline support at .8020. We expect a continuation lower to .7923/12.

FX G10/EM Morning Trader Views

EUR – Trading the range extremes well this week. Failure at 1.2880 Monday saw 2 days of decent short covering and corp demand which pushed us to that key 1.3020/30 resistance topside.

Technical Analysis

It’s not overly exciting out there at the moment… EURUSD & EURJPY shows diverging directionals this morning with the former below 1.2945 would target the high-1.28s while the latter over 104.05 & 104.43 would target levels above last month’s high…

FX G10/EM Morning Trader Views

EUR – Quiet o/n as we continue to work a few of the weak shorts out of system after the continued fail to break below 1.2880. Saw strong demand from corp, model and ctas yesterday but fresh selling against the top of this 1.2880/1.300 range capped us.