Tag Archives: GBP/USD
Daily FX Update
FX markets are quiet; risk aversion is the core theme in what is likely to be a relatively subdued week. News flow has focused on the implementation of Thai martial law,
FX Daily Majors
Today’s highlights: EURUSD spotlight remains on key support at 1.3643/30, below which is needed to add weight to thoughts of a larger top.
Daily Technical Report
EUR/USD has made a bullish intraday reversalnear the key support area between 1.3673 (seealso the long-term wedge formation) and 1.3643(see also the 200 day moving average).
The Global Macro Pulse
USDJPY has continued to edged higher to 101.57 after failing to break meaningfully below 101.20 overnight. The AUD remained under pressure, dipping below 0.93,
UBS Morning Adviser
The Increasing Influence of Commodity Prices Iron ore’s drop below US$100/tonne comes at vulnerable time for the Australian dollar,
Daily Market Technicals
EUR/USD continues to consolidate below the 100-DMA after having traded down to fresh 3 month lows last week. Bulls need to see a close above the 100-DMA to
GBP/USD Analysis
The pair closed in NY Monday at $1.6816 after rate had recovered off a session low of $1.6806 to $1.6845 (21-dma Monday).
Daily Technical Report
EUR/USD has made a bullish intraday reversalnear the key support area between 1.3673 (seealso the wedge formation) and 1.3643 (see alsothe 200 day moving average).
FX Daily Majors
Today’s highlights: USDJPY’s spotlight remains on pivotal “neckline”, price and 200-day average support at 101.23/20, below which can see a top.
The Global Macro Pulse
The USD has weakened slightly. EURUSD has risen above 1.370 from a low of 1.369 earlier. USDJPY remained in a tight range and seemed firmly capped below 101.60.
UBS Morning Adviser
FX market fails to register sovereign issues During the height of the Eurozone crisis, being short the euro was considered the most convenient way to
Daily Market Technicals
EUR/USD continued to consolidate below the 100-DMA to end last week after having traded down to fresh 3 month lows. Bulls need to see a close above the 100-DMA to confirm an