Tag Archives: NOK/SEK

€/$ one more low. €/SEK returning bids?

EURUSD: The bear triangle yesterday traced out the last sub wave, thee-wave, and should hence now stand ready to plunge lowerto a fresh low.

Broad £ decline. Bonds in strong demand.

EURUSD: The current tug of war between buyers and sellers doesmore and more resembles of a bear triangle henceindicating that the sellers will win the battle and

GBP/USD over 1.6825 would target 1.69. EUR/NOK buyers respond

EURUSD: Buyers keep responding. Yet another lower ‘shadow’ marks  support below 1.3450 and

FX Daily: Take a chill pill

After last week’s brief excitement markets have relapsed back into summer slumber.

GBP/USD target May/June lows & NOK/SEK should extend gains

EURUSD: Mildly offered inside range. Will the short-term correctional divergence be enough to buck the trend or not?

Is the € staging at least a short term comeback?

EURUSD: The next attempt higher took place already on Friday (andwith the passing of 1.3399 the alternative path,

AUD/JPY and NOK/SEK in focus

EURUSD: Yesterday’s attempt to kick off an upside correction stalledalready just below the first resistance, 1.3399.

Dollar correction. AUD heading for a downside break

EURUSD: Yesterday’s spring bottom (false downside break) certainlyargues for having entered an upside correction phase.

EUR & CAD are week, USD feeds on those and many other currencies

EURUSD: Now targeting 1.3324/295. The euro is back on its losing streak as the chance of correction

EUR/GBP buyers at support? Keep a close eye on EUR/SEK 9.2730

EURUSD: Could still recheck the high 1.34s. European (Markit) PMI and the US ISM are the main distractions for the day.

Risk aversion pressure stocks & EMs, lifts bonds. EUR/USD up 1.35.

EURUSD: Could recheck the high-1.34s. Last week ended with a potentially bullish ‘Doji’ candle for the period.

A EUR/USD correction higher is due

EURUSD: Still ripe for a correction higher. A Jul1-24 bearish wave sequence may be completed (seen best with hourly observations).