Tag Archives: Gold
Daily Technical Report
EUR/USD has broken the support implied byits rising channel, invalidating the uptrend inplace since February. The short-term technicalstructure is negative as long as prices remainbelow the resistance at 1.3845 (20/03/2014 high).
FX Daily
On a very quiet day on the data front, markets will continue to digest the news overthe week with a surprisingly hawkish Fed and
Daily Technical Report
EUR/USD declined sharply yesterday,breaching the key support at 1.3834. However,the support implied by the rising channel(around 1.3804) is intact.
FX Daily
The US Philadelphia Fed survey is expected to rebound in March following the sharpdrop in February. The number will give further input to how much activity is comingback and
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high).
FX Daily
The key event today will be the Fed announcement and new projections at 19:00followed by Janet Yellen’s debut as host of the press conference at 19:30.
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high), and hasshifted into a consolidation pattern.
EUR/JPY should guide the EUR/USD lower. GBP looks weak too.
EUR/USD: The move up from a recent 1.3846 low seems correctionalcompared to the Draghi induced paced move lower from1.3967 late last week.
FX Daily
Focus continues to be on developments in the Ukraine/Russia conflict where theoutcome is still unclear.
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high).
FX Daily
Focus will be on the reactions to yesterday’s referendum in which the people ofCrimea voted overwhelmingly in favour of joining Russia.