Tag Archives: EUR/SEK

FX Daily Crosses

Today’s highlights: * EUR/GBP: We look for renewed selling to emerge at .7930/64 and for the downtrend to resume from here. * EUR/JPY: Prices continue to coil sideways, but while 97.73/72 minimally holds recovery risk remain to 100.00/01 ahead of 100.72, where we would expect renewed selling.

Technical Analysis

In the search of a €/$ peak. AUD @ great risk!… EUR/USD Another attempt to peak… AUD/USD Watch out for a 1.0410 break!… USD/JPY Creating a bear flag… EUR/SEK Looking for 8.26/28 bids…

FX Daily Crosses

Today’s highlights: * EUR/GBP: The corrective bounce continues, but we still expect .7930/64 to cap to maintain the medium-term downtrend. * EUR/JPY: A break of 97.73/72 is needed to ease further recovery strength to 100.00/01, ahead of 100.72 where we would expect renewed selling.

Technical Analysis

EUR/USD peaking? Return of the yen! Gold shining… EUR/USD Time to resell?…  USD/JPY Back on track lower… EUR/SEK Congestion/correction… USD/SEK Drifting down from support… EUR/NOK Upside pressure mounting… NOK/SEK Base, triangle or flag?

FX Daily Strategist: US

*Political events in Europe to further restore confidence in the EUR The EUR has held onto Tuesday’s rebound but is currently struggling to break above a key technical resistance level at 1.2478 (the 61.8% Fibonacci Retracement level).

FX Daily Crosses

Today’s highlights: * EUR/GBP: The recovery bounce has extended, but we look for .7934/64 to cap to maintain the medium-term downtrend. * EUR/JPY: The push above 98.77 keeps the immediate risks higher to 100.72 where we would expect renewed selling.

Technical Analysis

Euro short squeeze, but beware looming risk off mood… EUR/USD Triangle setup overruled…  USD/JPY Buyers at support… EUR/SEK Correctional peak still wanted… USD/SEK Still confined to range… EUR/NOK Some focus on the recent high… NOK/SEK Rechecking the 55day EMA.

FX Daily Crosses

Today’s highlights: * EURGBP: A choppy sideways range continues to dominate nearterm, but and we remain biased for a test of .7790 ahead of .7755/40.

Technical Analysis

Scandies still look strong. Spanish yields turn sour… EUR/USD Bearish contracting range… USD/JPY Re-checking support… USD/CAD Losing momentum?  EUR/SEK Focus on key ref at 8.2020… USD/SEK Confined to range…

FX Daily Crosses

Today’s highlights: * EURGBP: Prices remain in tight range near term, but we remain bearish for a test of 7790 ahead of .7755/40. * EURJPY: The risks remain higher to 98.33/87 next with scope up to 100.72, which we would expect to cap for a turn lower.

Technical Analysis

€/Scandie’s correctional peaks in place… EUR/USD Indecisive … USD/JPY Important close today… NZD/USD Seeking a sell… EUR/SEK Strong rejection from target… USD/SEK 6.53/57 important ref’s… EUR/NOK 2nd spike above the line… USD/NOK Important support.

FX Daily Strategist: Europe

US Treasury sell-off resumes, but USD loses against high yielding G10 FX In FX markets, the rise in US yields has persisted while the USD has continued to remain weaker, especially against the high yielding currencies.