Tag Archives: EUR/SEK
FX Daily Crosses
Today’s highlights: – EUR/GBP: Still holding above .7910 trendline support as the market continues to develop a base. We expect upside to .8115 initially.
Global Technical Watch – NZD standout
On the Barclays TRENDS Heatmap, the NZD has consistently been one of the more bullish FX candidates. On the charts, we are impressed by NZD/USD holding above 0.8190 support and consolidating in a manner that is ultimately bullish.
Technical Analysis
EURUSD & GBPUSD both misfired below support and are seemingly headed higher from here. Key refs on those above are located at 1.3048 & 1.6267…
FX Daily Crosses
Today’s highlights: – EUR/GBP: Basing efforts unfolding with the defence of .7910 trendline support. We expect an advance from here back to .8115/9 then .8157.
FX G10 and EM Morning Trader Views
G10 EUR (1.2889) – Super Friday looms tomorrow, but before Spain grabs the limelight we still have 24 hours to navigate through choppy waters.
Technical Analysis
With many ccy pairs having arrived at support/resistance points a clear slowdown in activity noted. EURUSD resting at the low end of the 233d ma, EURJPY on its July support line, CABLE ndecisive with false breaks now on both sides, EURSEK still waiting to pass the neckline,
Technical Analysis
Mr Riskoff sneaking around… so stronger dollar and jpy in the cards. AUDJPY broke lower passing a first important junction and more selling expected (the rest of the Yen crosses also on a slippery slope. EURUSD sliding towards the low end of the 233d ma band, 1.2845,
FX G10 and EM Morning Trader Views
G10 EUR – Price action remains heavy having completed a series of six lower highs now. Support around 1.2890 is the next region to overcome and this should open a move to 1.2830 which is the 200dma and the 61.8% fib from 1.2626-1.3172 move.
Technical Analysis
EURUSD remains on a near-term, and so far, correctional slide lower. Further losses should be penciled in as long as staying below 1.3048… GBPUSD looks toppish still, so do not underestimate the powers of a sub-1.6163 break…
FX G10 and EM Morning Trader Views
G10 EUR (1.2936) – continue to pare back some of the post-QE3 gains; I see the first pocket of support coming in round 1.2906 (23.6% fib of July-Sep move).
Technical Analysis
USD and JPY recovering further with more signs of strength in the pipe. EURUSD Friday’s rejected attempt higher indicates that we soon will see an attack at the low end of the 233d ma band, a level that EURJPY managed to end below on Friday (hence remaining a preferred selling canditate)
Technical Analysis
EUR/USD 233d ma band revisited… EUR/JPY More indications of a top… AUD/USD Not behaving as expected… EUR/SEK Down at support… USD/SEK Exploring the lows… EUR/NOK Spiked below 7.4250… NOK/SEK Deeper into support.