Tag Archives: NOK/SEK
US Morning Update
Major Overnight Headlines • Draghi wants ‘precautionary’ public-funded bank recaps. to be allowed once banking union finalised, Bloomberg
FX G10 Morning Trader Views
EURUSD: Topside: 1.3711Downside: 1.3657, 1.3638, 1.3617 1.3711 remains key in the pair as major resistance and everyone knows it.
€uro remains firm & EUR/SEK seen breaking higher.
EUR/USD: So far the market is following the common path after a risingbenchmark candle such as the one printed Thursday withthe following day often moving up to
FX G10 Morning Trader Views
EUR – Powerful day yesterday as a dip to buy never came instead it was buying the break at the top of the recent range at 1.36 that stimulated further interest
The dollar has come under severe pressure
EUR/USD: The dollar took a big hit across the board yesterday. Thisbenchmark move shows demand – likely strong enough tochallenge the yearly high at 1.3711.
FX G10 Morning Trader Views
EUR – Well some seriously whippy price action yesterday 1.3472-1.3565 as we waited for confirmation out of the states that a deal would officially be agreed.
So everybody (or nobody) is happy in Washington – Now what?
EUR/USD: With the happy “ending” in Washington one would think thepair should trade lower by now, but it seems players are alldressed up but got nowhere to go…
FX G10 Morning Trader Views
EUR – Full wash out yesterday in eur once we broke 1.3550, 1 way traffic down to 1.3479 low cleaning ‘safe haven’ longs out as we approach a deal in states.
Another USD/JPY upside attempt in the making. SEK looks weak again.
EUR/USD: Another downside rejection (on failed fiscal impasse talks) wasadded yesterday. A 21day regression still points higher (notshown) as does the 21day high/low average.
AUD is bid and GBP & JPY are offered in low volatility markets
EUR/USD: Intraday attempts higher within the range of late keep beingresponded to. Yesterday was no exception. Outside recent1.3485\1.3607 spikes is required to make any kind ofdirectional assumptions.
FX Quant and Positioning Weekly
A mostly ranging FX market awaits political solutions Price based indicators * FX-O-meters: Trends continued to lose strength last week which is hardly surprising as market risk are driven by political events.
Another congestion day. Weaker JPY.
EUR/USD: Last week became the second week in a row that the marketspiked above 1.3569 hence repeating the weekly up-thrusttop pattern.