Tag Archives: EUR/SEK
FX G10 and EM Morning Trader Views
G10 EUR – Weak PMI’s, especially Germany, disappointed the market yesterday and built on the general increased bearish sentiment on Europe and European yields of the last 3 trading sessions –
Technical Analysis
Risk is off and the dollar and US bonds enjoy a safe heaven bid on behalf of the euro and EuroStoxx which are again punished in this environment… EURUSD failed no nail a low and could extend the slide – with the next key hurdle located at 1.1975 in mind…
FX G10 and EM Morning Trader Views
G10 EUR – Consolidation the order of the day yesterday after heavy selling from 1.2270 down on Friday – we made a new low at 1.2067 but took a breather on aggressing further –
Technical Analysis
EUR/USD reversed losses incurred yesterday and managed to claw into a close at opening levels. It could be an intermediate “wave-5 low” but more bullish price action is needed to add credence to this…
FX G10 and EM Morning Trader Views
G10 EUR – The selling continues after the end of last weeks Spanish yield inspired Friday blow out, London walks in with EURUSD lower on the Sydney open and taking out 1.21 barriers as I type.
Technical Analysis
The euro remains out of fashion with fresh EURUSD & EURJPY just scored. Heavy looking EuroStoxx50 and soaring 10y SPA/GER (& ITA/GER) spread(s) is a burden to carry.
Technical Analysis
EURUSD is still in its correctional drift higher, but it is likely to end soon with Spanish 10y yield (& spread to Germany) fast rising/widening… This is also good news for Bunds, soon breaking the recent 145.97 high…
FX G10/EM Morning Trader Views
G10 EUR – Recent range continues 1.22-1.23 while eur x’s, especially against aud and nzd, continue to trade lower – While 1.2150/60 remains key support downside and we keep bouncing from around 1.22
Technical Analysis
Commodity FXers (AUD, NZD & CAD) are standout winners together with SEK and a little surprisingly also JPY… The latter has violated a 78.61 “B-wave low” which suggests extension to/below 77.65
FX G10 and EM Morning Trader Views
G10 EUR – Painful day as we close in ny where we opened in ldn yesterday – Dips below 1.22 still remain wanted currently so after 3 goes and 3 nasty bounces it suggests to me we have put in a decent base for now
Technical Analysis
EUR/SEK likely headed into a fresh yearly low… EUR/USD Yet another buyers’ response… EUR/GBP Time ripe for a bounce higher… USD/CAD Extending the correction lower…
Technical Analysis
No big changes from yesterday… USD sellers respond to intraday rallies so the correctional theme may linger for some time yet… Best using this opportunity seems to be the pound and the aussie which holds tests of 1.5723 & 1.0330 (1.0475) possible…