Tag Archives: GBP/USD

Daily Market Technicals

Bearish dominance was again confirmed on Friday with the move to fresh 2014 and 2 year lows falling just short

The pair closed in Ny Friday at $1.5975 after rate had been sold to a session low of $1.5954 following the boost to dollar demand

The USD is strong, even as U.S. yields remain low, equities rise and commodities drop.

Today’s highlights: EURUSD’s bounce remains seen as corrective ahead of a resumption of

EUR/USD has broken the strong support areabetween 1.2755 and 1.2662, confirming anunderlying bearish trend.

The major currencies have drifted sideways ahead of US payrolls. EURUSD is at 1.2655,

EURUSD: The correction case gained some more credibility yesterdaywith 1) a second day

Bulls take a little comfort in the euro finding support ahead of the recent 2014 and 2 year lows. O/S daily

The pair closed in NY Thursday at $1.6145 after rate was sold down to a session low of $1.6112,

Our G10 forecasts have long encompassed a bullish USD theme, so the modifications here are ones of magnitude rather than direction.

The NZD/USD has been the strongest performer out of itspeers over the past 24-hours, sitting at 0.7880 this morning.

EUR/USD: pushed lower by ECB The EUR/USD extended its slide to 1.27, fuelled by expectations of