Tag Archives: GBP/USD
Daily Market Technicals
The bounce from ahead of the $1.3824 support on Friday further confirms the significance of the $1.3824-46 region in regards to a continuatio higher that currently has the
GBP/USD Analysis
The pair closed in NY Friday at $1.6647 after rate recovered through the NY session off an earlier low of $1.6587 to $1.6650 as market adjusted positions ahead of weekend risk,
FX: mute ECB
Talking the talk is not sufficient to stop EUR. USD broad weakness vs majors should continue for now.
Weekly Economic & Financial Commentary
U.S. Review Is That Spring in the Air? · Retail sales rebounded after two straight months of declines,
Daily FX Update
Based on conditions overnight in Asia and during the London morning, the tone towards ‘risk’ appears as if it is set to end the week on a pretty low note.
FX Daily Majors
Today’s highlights: USDJPY’s collapse below 102.11/09 sees a defensive range reemerge.
Daily Technical Report
EUR/USD completely reversed yesterday’sstrength, warning of a potential false breakout ofthe strong resistance at 1.3893.
The Global Macro Pulse
The yen has rallied almost 0.2% to 101.7. Most EM Asia currencies are weaker vs. the USD, led by a 0.5% fall in the INR to 61.475 and a 0.3% drop in the MYR to 3.282.
Sell €/$. Buy USD/NOK. Stronger yen in the pipe.
EUR/USD: Yesterday’s up-thrust peak (false break above a well definedtop resistance) outside the Bollinger bands has created anequally high probability bearish setup late Dec.
UBS Morning Adviser
Reserve growth is slowing, but it’s not helping the dollar One of the anticipated transmission mechanisms for dollar strength arising from
Daily Market Technicals
The relatively bearish close combined with O/B studies is a concern for bulls targeting the $1.4199-1.4247 region, with immediate focus shifting to key support in the $1.3824-34 region.
GBP/USD Analysis
The pair closed in NY Thursday at $1.6625 as rate fell away from earlier highs of $1.6719 to a late session low of $1.6610 as market reacted to the increased rhetoric over this weekend’s Crimea referendum,