Tag Archives: GBP/USD
Daily Technical Report
EUR/USD has breached the support at 1.3705,confirming an underlying downtrend since thepeak at 1.3967. Another key support stands at1.3643. Resistances can now be found at 1.3753(02/04/2014 low) and 1.3820.
The Global Macro Pulse
G10 FX has traded sideways with EURUSD at 1.3712, AUDUSD at 0.9237, and USDJPY at 103.91. Most EM Asia currencies have weakened against the dollar with
Dollar continues to be in demand. SEK weaker.
EUR/USD: The break, however not yet sustained, of 1.3704 has furtherenhanced our bearish view calling for more selling to soontake place. Short term there will be some further consolidation in
UBS Morning Adviser
Stronger income growth in the US would help everyone On Thursday, Draghi may have disappointed investors hoping for more forceful rhetoric on FX.
Daily Market Technicals
The 21-DMA failures have resulted in a dip back towards the 100-DMA with bulls now needing a close above the $1.3753 level to ease bearish pressure, while a close above the 21-DMA remains needed to
GBP/USD Analysis
The pair closed in NY Thursday at $1.6596 after rate had been pressed back from earlier highs of $1.6661, initially on reaction to the release of weaker than forecast UK services PMI
Daily FX Wrap and Strategy
The NZD continued its steady slide lower, falling by 0.4%against the USD, to 0.8540.There was no new news relevant to the NZD yesterday.
Daily FX Update
Yesterday as the S&P closed at a record high, the US 10year yield flirted with a one month high and a break of its multi‐month range and the USD was strong.
US Morning Update
It does appear that some small stops were triggered in GBPUSD following the weaker Services PMI. Otherwise, G10 activity was very limited this morning.
Daily Technical Report
EUR/USD weakened yesterday, breaking theshort-term rising trendline. Furthermore, thedeclining trendline still favours a bearish bias.Key supports stand at 1.3705 and 1.3643.
The Global Macro Pulse
The overnight rise in US yields has combined with pre-ECB and pre-payrolls positioning to give the dollar support. EURUSD dipped to 1.3759, USDJPY rose to 104.0,
Dollar and NOK/SEK liked higher
EUR/USD: The past three days has developed into a relatively bearishpattern with each day printing a marginally new high beforefalling back and closing below the 2008 top line.