Tag Archives: GBP/USD
Daily Market Technicals
EUR/USD dipped below the 21-DMA Tuesday before finding support ahead of the Apr 9 low. The pullback has eased the bullish pressure that dominated last week but bears still need a close below the $1.3779 level to
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6728 after seeing a spike low of $1.6657 into release of UK CPI data, as stops below $1.6680 were targeted and triggered,
Daily FX Update
Markets are relatively quiet into the NA open; with the USD generally stronger, equities slightly higher and the US 10‐year at 2.65%. At 8:45am EST, Chair Yellen delivers opening
Credit Agricole: FX Positioning & Scorecard Model Update
The latest CFTC positioning updates showed that the speculative community added to its marginal short dollar position. Indeed after recently peaking in January 2014 the market has continued to
Daily Technical Report
EUR/USD bearish momentum has stalledaround support at 1.3820 (old resistance). Failureto find support here, followed by a clear breakunder 1.3820 (02/02/2014) region, will warn of alarger downside corrective phase to1.3673.
FX Daily Majors
Today’s highlights: USDJPY needs to hold below 102.15/32 to keep the immediate risk lower to test key range support at 101.20/100.75.
The Global Macro Pulse
The dollar is marginally stronger today. AUDUSD rallied ahead of the RBA minutes only to sell off to 0.9390 after the minutes despite little new information relative to the March policy statement.
USD/SEK should test the yearly high (6.5880)
EUR/USD: Dynamic support (Fibo adjusted “Tenkan-Sen” & “Kijun-Sen”and the weekly mid-body point at 1.3808/1.3789 providessupport which will be up to the test.
UBS Morning Adviser
Growth overpriced, but policy differentials continue to stick out We view sterling as one of the most vulnerable currencies in G10.
Daily Market Technicals
The EUR/USD headed lower to start the new week before pausing just ahead of the 21-DMA. The pullback has eased the bullish pressure that dominated last week but bears still need a close below the $1.3779 level needed to
GBP/USD Analysis
The pair closed in NY Monday at $1.6726 after rate had managed to recover off a session low of $1.6697 to $1.6744, the correction aided by release of better than forecast Citi earnings and
Daily FX Update
Leading into the NA open the USD is strong, equities are flat and the US 10‐year yield has climbed back to 2.63%. This is a holiday shortened week in North America that is laden with