Tag Archives: GBP/USD
Daily FX Update
Markets are favouring risk into the open with equities stronger, the U.S. 10‐year flirting with 2.70%, oil prices higher and the USD mixed.
Daily Technical Report
EUR/USD has improved, breaking out of itsshort-term declining channel. Monitor theresistance at 1.3820 (see also 50% retracement).Hourly supports now lie at 1.3734 (intraday low)and 1.3673. Another resistance can be found at1.3876.
FX Daily Majors
Today’s highlights: USDJPY’s collapse below 102.79/63 turns the spotlight back on key range support at 101.20/100.75.
The Global Macro Pulse
Lower US yields and stronger risk appetite have driven the USD lower across the board. AUDUSD has rallied to 0.9373,
JPY buying taking a pause (but there’s more to come)
EUR/USD: Monday’s rally continued also yesterday with the marketrising back above the 2008 trend line threatening the 1.3821resistance.
UBS Morning Adviser
A weak currency can only take you so far Despite expectations to the contrary, the Riksbank is far from being in a position to shift tones.
Daily Market Technicals
As daily tech studies correct from O/S levels the EUR/USD continues to work its way higher with the 21-DMA currently capping. The move higher has eased bearish pressure but bulls now need
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6747 after rate had been given a boost on release of stronger than forecast UK IP/Mfg data, with the IMF upgrading its UK growth outlook allowing the pound to
Daily FX Update
Leading into the release of the IMF’s World Economic Outlook (9am EST) there is building unrest in Ukraine but only a modest market reaction.
FX Daily Majors
Today’s highlights: AUDUSD holds above its 13-day average, leaving the recovery intact to .9334/38 next, ahead of our basing objective at .9410/.9510.
Daily Technical Report
EUR/USD is bouncing close to the key supportat 1.3643. Hourly resistances are given by 1.3753(02/04/2014 low) and the declining channel(around 1.3786). Hourly supports now lie at1.3694 (07/04/2014 low) and 1.3673.
The Global Macro Pulse
Lower US Treasury yields overnight weakened the dollar slightly. EURUSD rose to 1.3743 and USDJPY slipped to 102.96. AUDUSD softened on the Asian open,