Tag Archives: GBP/USD

Daily Market Technicals

Recent pressure on the $1.3333 level resulted in a break lower with the EUR/USD remaining heavy but supported ahead of the key $1.3292 Nov 2013 monthly low.

GBP/USD Analysis

The pair closed in NY Tuesday at $1.6617 after rate extended its UK CPI react sell off ($1.6634) to

Daily FX Wrap and Strategy

The NZD/USD has continued to slip lower, to trade justabove 0.8420 this morning. There have been a range of influences on the NZD overthe past 24-hours.

Daily FX Update

Today’s trading pattern is carrying over the broader themes from August; leading into the open equities are higher,

FX Daily Majors

Today’s highlights: EURUSD is threatening a bearish “pennant” continuation pattern, with a break below 1.3333 needed to confirm, for our 1.3248 next target.

Daily Technical Report

EUR/USD is weakening and is nowapproaching its support at 1.3333. A strongsupport stands at 1.3296 (07/11/2013 low).

Mostly near-term ranging markets, with a kiwi exception. Lower oil

EUR/USD is still confined to a 1.3333\1.3433 range, with a small downside tilt… EUR/CHF is likely to test 1.2120\33 before lower…

Daily Market Technicals

Yet another failure ahead of the key $1.3445 resistance level, this time failing at the 21-DMA, reconfirms bearish pressure on the key $1.3333 support.

GBP/USD Analysis

The pair closed in NY Monday at $1.6728 after rate had been marked above $1.6700 at Monday’s Asian open on market

Daily FX Wrap and Strategy

The NZD/USD sits a little lower, at 0.8470 this morning. The strong NZ Performance of Services Index (PSI) reading made little impact on the NZD yesterday morning.

FX Trading Strategies

EUR: EURUSD is holding last week’s range. The pair has formed reasonable resistance around 1.3410-20 after testing it a few times last week.

Daily FX Update

Risk appetite has increased since Friday’s scare, leaving equities stronger and a mixed USD environment.