Tag Archives: EUR/SEK

Technical Analysis

EZ spreads widening, stronger NOK, weaker EM’s… EUR/USD Possible a triangle… AUD/USD Deeper into the ma bands… EUR/SEK Looks peaky… USD/SEK Approaching interesting lvls…

Daily FX Technical Strategy: No base yet for AUD

Base metals look to have completed their recent recovery bounce and the subsequent downturn is expected to keep the focus lower for AUD.

Today’s highlights: * EUR/GBP: The .7950/64 barrier continues to cap and only above it would signal a base. * EUR/JPY: The stalemate sees prices in a range, but while trend support at 97.30 is intact recovery risks remain to 100.00/01 ahead of 100.72 where we would expect selling.

Technical Analysis

No major moves found overnight with the EUR going nowhere, however the Antipodeans continues to lose ground, printing three wave corrective patterns on each and every upside attempt (60 min chart),

FX Daily Crosses

Today’s highlights: * EUR/GBP: The spotlight remains on the .7950/64 barrier. * EUR/JPY: The deadlock continues, but while trend support at 97.30 holds, the recovery risks remain to 100.00/01 ahead of 100.72 where we would expect selling.

Daily FX Technical Strategy – EUR squeeze is not yet a game changer

FX volumes picked up yesterday following the long weekend in the UK but remain at levels that suggest the summer doldrums will persist this week into the month end.

FX G10 and EM Morning Trader Views

G10 EUR – Still playing the 1.2450/1.2600 range – some good rm and model buying yest took us back above 1.25 while some decent lev selling capped us at 1.2560-80 area – support is still 1.2530 then 1.2450 – topside resistance is 1.2590 (fibo) then 1.2600 (100 day m.a) – currently short against the recent […]

FX Daily Strategist: Europe

* EUR Short covering remains the big driver The big driver in FX continues to be short covering of EUR positions on anticipation of a strong ECB response to lower sovereign debt yields; yesterday’s news that ECB Draghi won’t be attending the Jackson Hole conference on account of a busy schedule play to this.