Tag Archives: Gold
Daily Technical Report
EUR/USD is consolidating near the strong support at 1.3643 (see also the 200 day moving average). Monitor the hourly horizontal range between 1.3619 and 1.3669 (27/05/2014 high).
FX Daily
The most important release is euro area money supply and credit growth for April.At the ECB-forum in Sintra ECB-president Draghi in his speech Monday appearedconcerned about banks’ capacity to increase loans.
Daily Technical Report
EUR/USD has breached the strong support at1.3643 (see also the 200 day moving average),but has thus far failed to hold below it.
FX Daily
In the data calendar the focus will mainly be on US data. Durable goods orders forApril should give us an idea of the strength of the rebound in business capitalexpenditure in Q2.
Daily Technical Report
EUR/USD has breached the strong support at1.3643 (see also the 200 day moving average),suggesting persistent short-term sellingpressures.
FX Daily
Financial markets will digest the outcome of the EU-election. We expect the marketimpact to be limited despite strong gains for anti-EU parties.
Weekly Economic & Financial Commentary
U.S. Review As Good as It Gets. As Good as Can Be Expected. • April’s housing data showed some modest improvement but
Weekly CFTC Trader Positioning Data
FX volatility is low and positioning is relatively light, even in carrytrades that typically thrive in low vol environments. Most positionsare close to flat, and even large positions,
Daily Technical Report
EUR/USD is challenging again the strongsupport at 1.3643 (see also the 200 day movingaverage). A break of the resistance at 1.3734(19/05/2014 high) is needed to
FX Daily
German IFO and US new home sales will be the main data to watch. We look for a small rise in the German IFO, pointing to continued robust growth inGermany.
Daily Technical Report
EUR/USD successfully tested the strongsupport at 1.3643 (see also the 200 day movingaverage) yesterday. However, a break of theinitial resistance at 1.3732 is needed to confirm ashort-term exhaustion of the selling pressures.