Tag Archives: GBP/USD
GBPUSD – bull flag breakout coincides with 2011 d/t break
The range high failure on Monday followed with a sharp decline but the quick reversal has since seen a significant breakout.
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 strength is on the cusp of our long-held 139/141 medium-term target, which we look to cap at first.
The Global Macro Pulse
EURUSD has rallied to 1.3594, but AUDUSD is flat at 0.9125 and USDJPY is marginally higher at 101.45. EM Asia FX is mixed with the high yielders rallying.
Weaker SEK & CAD look likely. German & US bonds look healthier
EUR/USD: The drift higher is still on, prolonging the short-term correctional move, possibly towards the mid-body point of the bearish weekly candle ending Nov1 at 1.3645.
Daily Market Technicals
EUR/USD eases itself into the rising channel as it slips above the base to test the daily Ichimoku cloud top at $1.3599 and above is new 61.8% at $1.3627.
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6213 after rate had taken advantage of dollar weakness, prompted by weak US consumer confidence data and end of month dollar sale flows,
UBS Morning Adviser
Aussie Outlook Dims More evidence arrived overnight that Australia’s mining investment boom is likely to recede gradually over the coming years.
Global FX Strategy: The link between FX and equities
EURUSD down: what does it take? The single key risk for the EURUSD remains US Treasury yields; this year correlation has flipped,
A new Nordic Outlook is released – ECB to launch QE
Today we publish our new Nordic Outlook, which contains all our latest macro projectionsincluding updated medium and long-term financial forecasts.
Daily Technical Report
EUR/USD’s recent strength and the potentialhigher low posted yesterday suggest apersistent short-term buying interest. Monitorthe resistance at 1.3579.
FX Daily Majors
Today’s highlights: * USDJPY stay bullish for 102.36/53 next, ahead of testing the year’s high at 103.10/74.