Tag Archives: GBP/USD
Daily Technical Report
EUR/USD made an intraday bearish reversallast Friday near the resistance at 1.3699, whichfavours short-term caution. Hourly supportsstand at 1.3625 (intraday low) and 1.3583(22/01/2014 high).
FX Daily Majors
Today’s highlights: USDJPY has set a top and the prod beneath the 38.2% retracement support at 102.08 warns of a deeper setback to 101.02/01.
The Global Macro Pulse
USDJPY found support from importers’ demand at the low of 101.77 and has rebounded to 102.44. EURUSD was steady at 1.368, while AUD squeezed marginally higher to 0.872.
Monitor the Yen. Sell cable and NOK.
EUR/USD: The, so far non sustained, break above 1.3700 indicates thatthe entire decline from 1.3894 might have been just a threewave downside correction hence suggesting that a newtrend high will be set in
UBS Morning Adviser
Trade rebalancing still elusive Yen bears can take comfort from Japan’s trade data released overnight.
Daily Market Technicals
EUR/USD zipped higher from the Sept 6 support line but then pared gains to leave a bearish looking candle with a long upper shadow, failure to close above $1.3700 adds further pressure lower.
GBP/USD Analysis
The apir closed in NY Friday at $1.6482, just off intraday lows of $1.6478, after rate had been pressed back from earlier highs of $1.6667 with the move aided by comments from
Daily FX Wrap and Strategy
The NZD/USD was the casualty of heightened risk aversion on Friday night. It was the weakest performer amongst its peers, ending the week at 0.8210.
FX: safe haven, anyone?
The “risky” currencies can no longer blame the “taper”, as the “safe haven” currencies struggle to be less safe…Inflation focus this week.
Weekly Economic & Financial Commentary
The Recovery Remains in the New Year · An uptick in the Leading Economic Index points to slightly stronger future growth,
Daily FX Update
A volatile start to the day as investors digest whatthe potential risks of contagion of developments in Argentina and Turkeyare in the developed markets.
FX Daily Majors
Today’s highlights: AUDUSD has declined to our .8675 next core target – 38.2% of the entire 2001/2011 bull market – which we look to try and hold at first.