Tag Archives: NOK/SEK
Technical Alert
The aussie could react to the short-term overstretch EUR/USD: Local resistance was re-tested and confirmed yesterday.
FX Daily Strategist: US
Soft US data to cut into USD gains The USD has been resilient to Wednesday’s soft US data. This suggests that an on-going trend of weakening US data is required to trigger investors to take profit on their long USD positions.
Technical Alert
USD strength paused – not reversed EUR/USD: Another loser was added yesterday, but sellers respected the mid-1.28 Fibo combo.
FX Daily Strategist: US
Weaker US data needed to test USD rally The stronger USD continues to dominate local events with worse Q1 eurozone GDP and a slightly more positive BoE Inflation report a sideshow.
Technical Alert
Yen, franc & euro weaker, dollar stronger EUR/USD: With resistance confirmed and a low, bearish looking close after, there seems to be more land south of here to explore.
Technical Alert
The dollar looks healthy. Bonds should be bought. EUR/USD: The lower end of “the Cloud” (Fibo adjusted) contains support together with a 127.2% Fibo extension/61.8% retracement combo in the mid-lower 1.29s.
Technical Alert
More dollar strength, bonds at crucial levels EUR/USD: The exit from the bear flag resulted in the sought move down to the key support. However with the key support, B-wave low at 1.2954,
Technical Alert
Weaker JPY & AUD – stronger $ EUR/USD: The exit (with a bearish engulfing candle) from the bear flag (and this time also with a lower high)
Technical Alert
EUR/USD: So it wasn’t a “triangle”, but it could still be a “Flag” and still end up with a bearish outcome. Over all the pair remains in non-trending territory and
EURNOK and NOKSEK after Norges Bank
A big day for EURNOK and NOKSEK as Norges Bank leans against the idea that it will ease again. NOK could rally further on the back of today’s developments.
FX Daily Strategist: Europe
German data the next hurdle for the EUR Our economists and market consensus are looking for a small contraction in German March industrial production after February’s 0.5% expansion.
Technical Alert
EUR/USD Still ranging: Nothing new in terms of directional leads has been revealed by the market. The contracting range is still there and