Tag Archives: EUR/SEK

Bearish signs for €/$ and £. NOK/SEK higher

Some very interesting developments took place Friday creating possible turnaround patterns in EUR/USD, CABLE, EURGBP, NOKSEK.

FX Daily

Market movers today * Focus continues to be on negotiations about a temporary funding bill for the 2014 budget-year and raising the debt ceiling before 17 October.

Inflation data in focus and attractive levels for being long DGBs and NGBs It is time for inflation data in both Denmark, Norway and Sweden and with less focus on macro-prudential issues at the Riksbank and

$ at or close to crucial levels, NOK/SEK reaction signs

EUR/USD: Even though we continued higher yesterday there are some signs of weakness below the surface (like hourly divergences, a completed or soon completed five wave rise from Sep 6 and more).

FX Daily

Market movers today * What should have been an exciting day will turn out to be rather dull in terms of key figures.

The dollar lost it again and the nokky looks weak too

EUR/USD: The potentially bearish “UpThrust” the day before yesterday backfired. Additional gains of late show demand and the yearly high of 1.3711 back in Feb now lies within reach.

FX Daily

Market movers today * Markets are in a waiting position for the battle on raising the debt ceiling. There are still no signs of a resolution to the government shutdown.

The dollar is fighting back and so is the yen & the krona

EUR/USD: The failed attempt above the Sep high has added a potentially bearish “UpThrust” to consider. A “Lower Range Extension” today (a lower break out of the opening hour range)

FX Daily

Market movers today * Focus on politics in both the US and Italy. While we will likely have to wait before anything new happens in the US deadlock,

Swedish PMI – extremely strong upswing in September

The Swedish PMI came in much stronger than expected and picked up to 56.0 in September from 52.2 in July.

FX Daily

Market movers today * The US government shut down for the first time in 17 years and focus now turns to how long it will last.

GBP/USD trades into resistance at 1.6300-80. BTP widens spread against Bunds

EUR/USD: The market continues to move sideways. Outside 1.3440- 1.3569 is needed to show sellers’ or buyers’ initiative. 1.36.95\1.3711 is the next attraction/resistance area above and