Tag Archives: EUR/SEK
Technical Analysis: Nokkie notably stronger despite sharply lower oil
Stronger Nokkie catches the eye this morning despite sharply lower oil – threatening to challenge the May lows. EURNOK could extend the drop towards the lower 7.7s…
Technical Analysis: Technical Alert
After Thursday’s big moves Friday became a day of correction/congestion but risk off appears to be back already today. EURUSD’s rejection from 1.4340, the breaking point, turn focus to new lows in the 1.3720/3835-area, EURJPY staying power beneath the cloud will continue to weigh on the pair,
FX DAILY STRATEGIST: Europe – 14 June 2011
Chinese data eases fears of sharp slowdown. Europe headed towards deal on Greece says EUR and risk to remain bid – but beware disappointment: play though options. US retail sales to reaffirm slowdown in economy, but will not support USD today.
Strategic Technical Themes – weekly outlook
Foreign Exchange US Dollar Index has based near term and we look for a challenge of the 2011 resistance line at 75.59. EUR/USD has failed at the 78.6% retracement and risk has shifted to the downside – target 1.4010 then 1.3526
Technical Analysis: Technical Alert.
EUR is losing a bit of its recent strength however so far seen as a temporary setback. EUR/USD likely to head for 1.4420/4500, EUR/GBP 0.8830ish, AUD/JPY closed below its bear triangle and the AUD is expected to give up more gains,