Tag Archives: EUR/SEK
Technical Analysis
Many markets are pausing, commodities extend losses… EUR/USD No new directional information… USD/JPY Another leg higher underway?… AUD/USD Notable buyers’ response… EUR/SEK Mid-body support confirmed… USD/SEK Hugging support… EUR/NOK Acceleration higher needed… NOK/SEK Micro-term bullish flag… GBP/USD Running out of steam.
Technical Analysis
Weaker SEK & AUD and focus on European yield spreads… EUR/USD The 1.3058 ref is exposed… EUR/JPY Ought to test supports below… AUD/USD The recent 1.0226 low exposed… EUR/SEK Headed back over 8.93… USD/SEK Back in a bullish impulse… EUR/NOK Must break the 21day EMA…
Technical Analysis
Minor corrections running late, weaker NOK… EUR/USD Resistance cluster on top… EUR/JPY 233d ma high capping (?) NZD/USD Rechecking the flag exit… EUR/SEK Sitting at the 55d ma low… USD/SEK Looking for buyers… EUR/NOK More upside action awaited… NOK/SEK Support under pressure.
Technical Analysis
NZD lower, Italy a must watch, EUR/USD Short term directionless… NZD/USD Ended below the bear flag… EUR/SEK Still bids at the 55d ma low… USD/SEK Something’s soon to break… EUR/NOK Bottoming out process… USD/JPY Taking a shot at resistance.
Technical Analysis
NZD, EM’s under pressure, GBP in demand… EUR/USD Congestion… GBP/USD 1.6063 key to development… NZD/USD Soon to exit the bear flag… EUR/SEK Closed below the 8.87 supp… USD/SEK Still bids in the 6.72/74-area… EUR/NOK Correction target met… NOK/SEK A bearish key day reversal.
FX Ringside
Riksbank to remain at 1.50% – small SEK positive We expect Riksbank to remain on hold at 1.50% tomorrow. Our internal survey conducted yesterday only showed 18% of the respondents voting for a 25bps cut. The interest rate market however disagrees pricing a 65% probability for rates being lowered to 1.25%.
Technical Analysis
Dollar rally paused – not reversed. EUR/USD 1.2974 kept safe – for now… EUR/JPY Respecting support… EUR/GBP Fresh low rejected… EUR/SEK Near-term correction printed? USD/SEK Small setback to a bullish case… EUR/NOK Minimum “wave-C” target met… NOK/SEK Correctional grind (higher)… NZD/USD Bear flag ready to go.
Technical Analysis
Spain still in focus – € weaker… EUR/USD Trying to break lower… EUR/JPY Holding on to the break?… EUR/SEK Choppy pattern on top of 55d… USD/SEK Focus next at 8.8760… EUR/NOK Look for a down and up move… NOK/SEK Bounce getting serious… EUR/GBP Supply at “low” levels.
Technical Analysis
EUR/USD Still much unclear… EUR/JPY Increasingly bearish… GBP/USD Bearish looking “Doji” added… EUR/SEK Headed for a 8.7660 test… USD/SEK Buyers at 6.56? EUR/NOK Headed for a 7.5325/7.5175 test… USD/NOK Bullish “Doji” at support… AUD/JPY Next attempt lower underway
Speculative Positions
JPY net speculative position lowest since June 2007 SEB Risk appetite index (RAI) RAI roughly unchanged week on week and thus still within the risk neutral zone and contained in an upward channel.
Technical Analysis
EUR/USD Short term still unclear… AUD/USD Completed corrective bounce… EUR/JPY Bull triangle or triple top… EUR/SEK Well, that’s a better one… USD/SEK Enough? EUR/NOK Correction unfolding… NOK/SEK First step higher taken… EUR/GBP Steering back into the high-0.82s
FX Techs: London Open
At a glance: Signs of change The weak market behavior observed on Tuesday intensified yesterday when risk markets broke a couple of trend lines and neckline supports across the board. This is still nothing decisive yet on big scale, but could be interpreted as the early tremors of a bigger setback.