Tag Archives: NOK/SEK
FX Daily Strategist: Europe
ZEW may improve but this is not a buy signal for the EUR Overnight, the USD has continued to remain bid with US yields moving higher.
USD/JPY is likely to extend gains further
EUR/USD: Another moderate euro-loser was added yesterday. The micro-term move off yesterday’s low looks correctional and
More JPY strength. NOK/SEK liked lower.
EUR/USD: Yesterday’s downside attempt never made it to the confirmation point, 1.3233, before renewed buying pushed the pair up to a marginally (2pts) new correction high.
SEK & NOK soon set to weaken, again. Monitor €/JPY
EUR/USD: Nothing from yesterday’s price action helping to determine the next move from here. With mixed signals
SEK & NOK soon set to weaken, again. Monitor €/JPY
EUR/USD: Nothing from yesterday’s price action helping to determine the next move from here. With mixed signals (Thursday = a bearish engulfing candle and
Next key ref for EUR/SEK at 8.8105 is fully in sight
EUR/USD: Not sure what to make the reaction higher Friday and of the last week’s print. It could be a bullish “Flag”,
Weekly FX Technical Outlook
EUR/USD Choppy trading over the past few days leaves EUR/USD ending the week still looking overbought
FX Daily Strategist: Europe
Scandinavian Divergence: New long NOKSEK The SEK has been under pressure after a soft raft of economic data, particularly its GDP and PMI report.
The dollar is coming out stronger again
EUR/USD: Yesterday’s candle is the most bearish daily print in almost a month. The short-term RSIs are showing loss of upside momentum and downside pressure increase.
The pound is weak going into BoE today
EUR/USD: A double 1.3207-1.3345 watch seems justified. The market went higher after a deeper test lower yesterday, but is again falling back from a fresh high
GBP & SEK both look weak & possibly CAD too
EUR/USD: Yesterday’s attempt above a recent 1.3296 high failed. The session close back down at opening levels has left a potentially bearish candle to consider.
The yearly AUD/USD low is exposed again
EUR/USD: Action was slow yesterday while tucking in ahead of U.S. data flow later in the week.