Tag Archives: NOK/SEK
Weaker SEK in the offing and so is a stronger yen
EUR/USD: The pair is just getting whipsawed around inside range.Keep watching 1.3785 & 1.3865 for directional leads.
Stronger yen and lower AUD/NZD
EUR/USD: The market remains rangebound. Support near a weeklymid-body point (1.3790) seems solid and upside attemptsare repeatedly responded to. Outside 1.3785\1.3865 isneeded to show a tilt.
The aussie is an underdog reborn. GBP could give back some gains
EUR/USD: From here, there is a faint near-term upside tilt, but a moveoutside 1.3825/1.3785 would give a better directional hint.Also outside 1.3865/1.3749 would lend a stronger sense ofdirection.
USD/JPY offers likely at 102.75-103.10
EUR/USD: The short-term picture remains mixed. A weekly mid-bodypoint at 1.3790 is tested. If it holds and the pair is againlifted over 1.3865, recent peaks at 1.3906 & 1.3967 wouldbecome exposed again.
AUD/NZD returning sellers. NOK/SEK profit taking?
EUR/USD: The past days the market has more or less been moving upand down in three’s (hourly chart) leaving us without adirectional hint. It is also likely that the upcoming Easterholiday
EUR/SEK about to test the Dec’13 high. NZD/USD at primary support
EUR/USD: Support near 1.3790 was somewhat stronger thananticipated as buyers responded there and afterwardsforced the pair into a session close near the open.
USD/SEK should test the yearly high (6.5880)
EUR/USD: Dynamic support (Fibo adjusted “Tenkan-Sen” & “Kijun-Sen”and the weekly mid-body point at 1.3808/1.3789 providessupport which will be up to the test.
More JPY strength and SEK weakness in the pipe
EUR/USD: The 78,6% Fibo reaction point fenced off the market fromcontinuing on a northern path and the day ended on arather neutral footing (doji candle) however the weeklycandle became a solidly bullish one.
SEK weakness likely to pause. US equities hard hit
EUR/USD: The break of 1.3877 triggered the stop of our TA sellrecommendation posting a 0.12% loss. The only remainingline of defense, before making a new high, is the 78.6% Fiboresistance at 1.3905.
Eroding dollar support. More SEK weakness
EUR/USD: The break of 1.3821 sent the pair higher to 1.3871, just awhisker away from our 1.3877 stop (to the bearish Mar 14call).
JPY buying taking a pause (but there’s more to come)
EUR/USD: Monday’s rally continued also yesterday with the marketrising back above the 2008 trend line threatening the 1.3821resistance.
USD/JPY testing important support near 102.70
EUR/USD: The par was refused more than a blip below the Fiboadjusted short-term “Ichimoku cloud” Fri and there wassome bullish follow-through yesterday too. This pointtowards 11.3775 before down.