Tag Archives: NOK/SEK
Strong signs of more sek weakness going forward
EUR/USD: The market failed to make the outlined 1.3462 test (andbreak) and instead, after an early and failed attempt tobreak 1.3485, bounced back mid range.
FX Daily Strategist: US
USD on a stronger footing, but market anxiety likely to build as we head into next week The USD is trading on a stronger footing following reports suggesting that US politicians are at least keen to start get back to the negotiating table.
Sell GBP and CAD. USD/NOK bull flag ready to go
EUR/USD: So far the market is following the textbook step by step.False range breaks (last week ended with an up thrust peakabove 1.3569) have a strong tendency of
JPY, CAD, SEK & EM (ZAR & TRY weakness)
EUR/USD: There is a near-term tilt to the downside which would grow in strength on a move below 1.3538. But so far sellers lack the impetus to exit lower in line with the most recent benchmark candle.
Markets look contained in the wake of the U.S. budget stalemate
EUR/USD: Action was lukewarm, at best, yesterday. But with the market staying below Fri’s mid-body point of 1.3590there is a near-term downside tilt.
Bearish signs for €/$ and £. NOK/SEK higher
Some very interesting developments took place Friday creating possible turnaround patterns in EUR/USD, CABLE, EURGBP, NOKSEK.
$ at or close to crucial levels, NOK/SEK reaction signs
EUR/USD: Even though we continued higher yesterday there are some signs of weakness below the surface (like hourly divergences, a completed or soon completed five wave rise from Sep 6 and more).
The dollar lost it again and the nokky looks weak too
EUR/USD: The potentially bearish “UpThrust” the day before yesterday backfired. Additional gains of late show demand and the yearly high of 1.3711 back in Feb now lies within reach.
The dollar is fighting back and so is the yen & the krona
EUR/USD: The failed attempt above the Sep high has added a potentially bearish “UpThrust” to consider. A “Lower Range Extension” today (a lower break out of the opening hour range)
GBP/USD trades into resistance at 1.6300-80. BTP widens spread against Bunds
EUR/USD: The market continues to move sideways. Outside 1.3440- 1.3569 is needed to show sellers’ or buyers’ initiative. 1.36.95\1.3711 is the next attraction/resistance area above and
JPY & CHF in demand. EUR/SEK soon seen higher.
EUR/USD: With the attempt to move up to a fresh high failing to do so only four points short of a minimum target opens up for a possible so called truncated fifth wave.
FX G10 Morning Trader Views
EUR – Still happy to play long eur against 1.3450 with a stop at 1.3420 for now – we seem to be range playing as we go into month end