Tag Archives: EUR/SEK
Technical Alert
Yesterday basically developed in the same way as the preceding day expect oil with ended its correction and fell relatively hard. EURUSD continues to struggle in the low end of the target range,
FX Daily Crosses
Today’s highlights: – EURNOK: Break above 7.5011 and 7.5212 clears the way towards the 7.5777 recent high.
FX Daily
– Fed minutes, released early by mistake, had a hawkish tone. – Obama budget presented, aiming to kick-start deficit-reduction talks.
Technical Alert
Some signs of the recent dollar decline running out of steam. JPY arrving at an important junction (ex USDJPY arriving at its 50% Fibo of the 2007/2011 decline).
FX Daily Crosses
Today’s highlights: – EURJPY: A new high leaves the focus on 132.04 – the 50% retracement of the 2008/2012 bear market.
FX Daily
– Chinese trade data point to improving domestic demand, while a sovereign downgrade from rating agency Fitch highlights increasing debt worries.
Technical Alert
EURUSD sniffing at the high end (1.3050/3135) of the outlined correction potential, USDJPY congestion whereas EURJPY & AUDJPY steaming on,
FX Ringside
Following last week’s decision by the Bank of Japan to expand its bond purchase program further than expected in a final bid to fight deflation, the yen has depreciated aggressively.
FX Daily Crosses
Today’s highlights: – EURNOK: We look for the rebound off 7.4334 trendline support to continue, with a push above 7.4851 needed for the next leg higher.
FX Daily
– Lower Chinese inflation eases tightening risk from PBoC. – Alcoa reports better-than-expected earnings on higher sales.
Technical Alert
EURUSD is testing a wider short-term resistance zone at 1.3050-1.3135, USD/JPY is rushed into key long-term refs at 99.73-101.45. Some kind of profit-taking ought to emerge in this area.