Tag Archives: GBP/USD
Daily Market Technicals
EUR/USD edged back into rising channel from Jul 10 low, base becomes initial support at $1.3593. A break below could see bears take control and slide to the key support level at $1.3469,
GBP/USD Analysis
The pair closed Thursday’s US Thanksgiving holiday thinned market at $1.6347 after rate had extended its recent recovery gains to $1.6358 before drifting off,
Daily FX Wrap and Strategy
The NZD has slipped to the bottom of the currency performance rankings over the past 24 hours. Having recovered back to almost 0.8180 yesterday,
US Morning Update
What did not happen during the London morning in terms of FX price action was more than made up for by a factor of 20 in the policy sphere.
Daily Technical Report
• EUR/USD has moved above the resistance at1.3579, reflecting a persistent short-term buyinginterest. Another resistance can be found at1.3651.
FX Daily Majors
Today’s highlights: * EURJPY is on the cusp of our long-held 139/141 medium-term target, which we look to cap at first.
The Global Macro Pulse
In FX, AUDUSD rallied as much as 0.7% in the wake of better-than-expected capex data, but has eased off its high to trade at 0.9119.
UBS Morning Adviser
AUD: Beyond The Horizon Australia’s quarterly capex survey contained some bright spots overnight,
USD/JPY stays bid despite positioning and stretch. Cable targeting 1.6380
EUR/USD: The move higher is still deemed as short-term correctionaland a high for this move should be sought somewhere nearthe mid-1.36s.
BNZ Strategist – The Strategist
While everyone appears obsessed with the impact of the LVR restrictions, the economy continues to broaden and strengthen its momentum regardless.
Daily Market Technicals
EUR/USD struggles to hold onto any gains within the rising channel – currently trades just over the channel base, seen at $1.3585.
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6287 after rate had been lifted to intraday highs of $1.6331 on the back of general dollar sales into the Thanksgiving holiday/end month.