Tag Archives: GBP/USD
Daily FX Wrap and Strategy
The NZD/USD sits a little higher at 0.8300 this morning,after dipping below 0.8260 overnight.A weaker USD (see Majors) helped buoy the NZD/USD.
Daily FX Update
The USD is mixed and relatively quiet leading intothe NA session with the US 10‐year yield hovering around 3%. This is thefirst full week of the year and includes significant data and central bankrisk.
Daily Technical Report
EUR/USD has broken the support at 1.3621.Coupled with the false breakout of the keyresistance area between 1.3811 (11/12/2013high) and 1.3832, a medium-term double-top islikely underway.
Daily Market Technicals
EUR/USD continues to slide and now trades below the daily Bolli band base, daily studies remain bearish but now near oversold and bulls may push to close back within the Bolli band and above the $1.3600 level.
GBP/USD Analysis
The pair closed in NY Friday at $1.6418 after rate had been pressed lower through the day to lows of $1.6495, recovered to $1.6444 before drifting off into the end of the week.
UBS Morning Adviser
Although the euro failed to start 2014 on a strong note, it was a different story forperiphery bonds. As of the European close on Friday January 3rd, the spread betweenthe 10-year papers of Spain and
Daily FX Wrap and Strategy
The NZD/USD has started the year on the front foot. It was the strongest performer of its peers on Friday night. It trades around 0.8280 this morning.
Daily FX Update
After global manufacturing PMIs generally supportedan environment of improving global growth most markets are firmer today,with a weak USD and US yields hovering close to 3%. FX vol is creepingslowly higher,
Daily Technical Report
EUR/USD is currently trading close to the38.2% retrace of the 1.3296 – 1.3893 rise. Scopeis seen for a fresh leg higher from the currentregion to retest the 1.3900 zone.
JPY short covering. EUR weakness getting legs
EUR/USD: The bearish setup did deliver the anticipated outcome as themarket broke through the 1.3728/44 support zone attractingfresh selling. The next objective is to test and likely breakthe 1.3625 support,
Daily Market Technicals
EUR/USD plummets through support levels to bounce from the 55-DMA and daily Bolli base yesterday – both now initial support at $1.3631/36, respectively.