Tag Archives: EUR/SEK

FX G10/EM Morning Trader Views

EUR – after the chaos to end the London session yesterday things have settled down somewhat in the single currency as we await NFP.

More JPY strength, higher €/scandies

EUR/USD: The minor “up-thrust” didn’t play out as expected, on the contrary an impulsive rise took place pushing the pair through most of the resistances.

FX Daily

Market movers today • The main market mover today will be the labour market report in the US. We have scaled down our forecast for non-farm payrolls from

EUR/SEK could push into fresh highs & USD/JPY into fresh lows

EUR/USD: The pair was yesterday allowed to slip through a micro-term “Double-top” with a mere 10pips, before closing back in range.

FX G10/EM Morning Trader Views

EUR – Still in this 1.3030-1.3110 range – yesterday good lev/spec selling into 90/00 met with similar buying at 1.3040-50 below from corp/rm.

Downside pressure in USD/JPY

EUR/USD: The market is still in a short-term climb with only shallow reactions mustered on attempts above 1.31.

Long-term technical update

EUR/USD (1.3095): The pair keeps meandering around a near flat 12 month moving average. Last month closed below the open but also off the lows.

FX G10/EM Morning Trader Views

EUR – Whippy mkt yesterday with Spec names early sellers despite stronger European PMI’s taking us down to that 1.2950 support

AUD/USD could correctively test >0.98

EUR/USD: Near-term price action is more bullish than bearish but short-term tools are mostly neutral after the best fit bearish wave count was overruled Fri (>1.3033).

FX Daily

Market movers today • We will continue to scrutinise Fed speeches for signs of an imminent scale down of Fed’s asset purchases.

FX G10/EM Morning Trader Views

EUR – so month end doesn’t conform to expectations/or models by selling off into and rallying into the close to stand at 1.3020 as we open in ldn this morning.

PMI data in focus, still risk of a further correction lower in NOK/SEK

In this note we take a closer look at the key events in the three Nordic countries over the coming week. For our global macro movers and financial forecasts.