Tag Archives: Gold

Daily Technical Report

EUR/USD is close to the key resistance at1.3739. Hourly supports are given by 1.3657(intraday low) and the short-term rising channel(around 1.3635). Another resistance can befound at 1.3819.

FX Daily

In the data calendar the main events are the ZEW indicator in Germany, CPI inthe UK and the NAHB housing market index and Empire.

Daily Technical Report

EUR/USD is close to the key resistance at1.3739. Hourly supports are given by 1.3657(intraday low) and the short-term rising channel(around 1.3616).

FX Daily

The leader of Italy’s centre-left Democratic Party, Matteo Renzi, is expected tobe formally handed the job of forming a new government,

Weekly Economic & Financial Commentary

U.S. Review Monetary Policy: Continuity—For Now · In her testimony to the Congress, the new Fed Chair called for continuity and

Weekly CFTC Trader Positioning Data

UPSIDE RISK FOR GBP • Markets were hesitant to build on existing positions and

EUR/USD rose sharply yesterday and hassucceeded in making higher highs. Monitor thekey resistance at 1.3739. Hourly supports aregiven by 1.3657 (intraday low) and the short-termrising channel (around 1.3595).

Continued yen buying. Watch cable resistance

EUR/USD: Yesterday’s attempt to trace out a peak was proven wronggiven the break of 1.3655. The minimum target for thefollowing move, 1.3684+, has been fulfilled however the risedoes so far look incomplete.

FX Daily

Q4 GDP for the euro area as a whole and several euro area countries is due forrelease today. Based on our ‘hard data’ model we look for a rise in euro-area GDP of0.3% q/q.

Daily Technical Report

EUR/USD significantly weakened yesterday,suggesting a pickup in selling pressures. A breakof the hourly support at 1.3552 would open theway for a further decline towards the support at1.3477.

FX Daily

US retail sales likely got off to a soft start in January following a strong finish to2013. As consensus we look for 0.0% m/m in total retail sales and 0.1% m/m in retailsales ex autos and gasoline.

Daily Technical Report

EUR/USD weakened yesterday close to theresistance at 1.3685 (50% retracement), makingan intraday bearish reversal. A break of thehourly support at 1.3609 would negate the shorttermpositive structure.