Tag Archives: Gold
FX Daily
On a day with mainly tier 2 data, markets are likely to further digest yesterday’s FOMC announcement . US initial jobless claims are due for release at 14:30 CET but
Daily Technical Report
EUR/USD remains well supported as can beseen by the potential short-term symmetricaltriangle, which usually acts as a continuationpattern. An horizontal resistance stands at 1.3811(11/12/2013 high).
FX Daily
Today is the day we expect the Fed to start tapering asset purchases. We believe the Fed will taper by USD10bn but at the same time strengthen the forward guidance by revising lower the profile for the Fed Funds rate to
Daily Technical Report
EUR/USD remains well supported as can beseen by the bounce from the low at 1.3709. Anhourly resistance stands at 1.3811 (11/12/2013high). Supports now stand at 1.3709 and 1.3621.
Daily Technical Report
EUR/USD continues to consolidate close to therecent 1.3832 high. Strong resistance isexpected close to current levels. However, if abreak over 1.3832 can be achieved this wouldopen up a return to the 1.4000 region.
FX Daily
Lots on the agenda today. Main releases will be French and German flash PMI. We look for a very moderate increase in line with consensus. Following a steady increase earlier in the year, PMIs have been going sideways lately and
Weekly CFTC Trader Positioning Data
Sentiment appears to be building over the domestic stories ra-ther than a broader USD move driven by talk of tapering. The data highlight this well with notably mixed positioning against the USD, as CAD, AUD and
Daily Technical Report
EUR/USD faded yesterday close to the keyresistance at 1.3832. Monitor the test of thehourly support at 1.3740. Another support lies at1.3694 (09/12/2013 low). A key support stands at1.3621 (see also the rising trendline).
FX Daily
ECB Vice President Vito Constancio, ECB chief economist Peter Praet and ECB board member Bernoit Coeuré are all scheduled to speak today. It will be interesting to hear if they have anything to say about
Very positive $ signs. Scandies to suffer more.
EUR/USD: Even if it still has to be seen whether the price ends backwithin the 55w Bollinger (see yday TA) or not other signs ofweakness are resurfacing today.