Tag Archives: Gold
Daily Technical Report
• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). A resistance stands at 1.3548 (see also the broken rising channel).
FX Daily
Market movers today * Focus on the euro area with the release of preliminary Q3 GDP figures.
Daily Technical Report
• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). The resistance at 1.3449 (05/11/2013 low) is challenged.
FX Daily
Market movers today * The Bank of England will release its November inflation report and we expect revisions to higher GDP growth and lower inflation.
Daily Technical Report
• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). Resistances can be found at 1.3449 (05/11/2013 low) and 1.3548.
FX Daily
Market movers today * UK CPI, which is one of the important indicators in Bank of England’s forward guidance,
Daily Technical Report
EUR/USD failed last Friday to move below therecent low at 1.3296 (see also the 50%retracement), increasing the odds of a shorttermbounce.
FX Daily
Market movers today * We expect ECB to refrain from cutting rates in connection with today’s meeting but instead signal a rate cut in December.