Tag Archives: GBP/USD

Daily Technical Report

EUR/USD has weakened near the hourlyresistance at 1.2901.

Today’s highlights: EURUSD spotlight turns towards near-term price support at 1.2706.

The pair closed in NY Tuesday at $1.6121 after rate had been pulled lower through the day to $1.6110 on

The continued failures at the $1.2845 level confirm its significance as resistance with bulls needing a close above to add support to

Markets are nervous but on stronger footings. Leading into the NA session equities are firmer, the U.S. 10‐year is at 2.2%,

Today’s highlights: GBPUSD extension through 1.6138/48 keeps the bias higher to

EUR/USD continues to be well supported, ascan be seen by the succession of higher lowssince the one at 1.2501.

EURUSD: The Oct12-21 contracting range looks like a just broken Triangle,

The pair closed in NY Monday at $1.6163 as rate drifted back from intraday highs of $1.6179, seen in the US afternoon, post London fix.

The recent hesitation at the $1.2845 level is a concern with bulls needing a close above to add support to the case for

Entering the NA session markets appear nervous, equities are pointing to a negative open,

EUR/USD has faded near the resistance at1.2901. Monitor the hourly support at 1.2706(16/10/2014 low,