Tag Archives: NOK/SEK
Technical Alert
EUR awaits the outcome of the IT election. UK downgrading and £ selling…but if this is all that will be seen..well then sterling rebound advocated Friday will soon be back.
Technical Alert
EURUSD trades in a contracting range, seen as a bearish continuation pattern. Once broken the mid-1.32s should be targeted. Key ref above remains located at 1.3520…
Technical Alert
No big moves seen post G-20 and Chinese New Year festivities. The weekly chart however reveals some interesting patterns such as the long upside mid body spike in EURUSD calling for more weakness in the weeks to come and GBPNOK’s weekly spring bottom with bull divergence.
FX G10/EM Morning Trader Views
EUR – So eur unwound to the bottom of the 1.33-1.35 range yesterday on back of weaker eurozone gdp data but we held well at 1.3310/20 zone
Technical Alert
The common currency continued to give up ground yesterday, further enhancing the view of a possible ending July correction.
Technical Alert
Eventful day yesterday with SEK strength and GBP weakness (GBPSEK down to a 21year low). EURSEK exited the past months range breaking 8.50/51 (next down to 8.43 and then a corrective bounce),
FX Daily Strategist: Europe
– USDJPY two-way price action to continue into G20 The BOJ announcement proved to be a non-event today. BOJ kept asset purchase fund at JPY 76tn and left its overnight call rate unchanged at 0-0.1% with no fresh easing measures announced.
FX Daily Strategist: Europe
– G7 Confuses Rather Than Clarifies The G7 statement and subsequent comments have led to some choppy FX trading – likely the opposite of what policymakers were intending to achieve.
Technical Alert
EURUSD added a bullish candle yesterday, but while stuck below 1.343058 it looks like a short-lived correction. Back under 1.3357 would confirm this…
FX Daily Strategist: Europe
– EUR consolidation lower to continue in days ahead The EUR ended last week on a soft note, and relatively thin markets in the Asian time zone (with China, Japan and several countries off) has only seen a small recovery.
Technical Alert
Corrections accross the board are now gaining momentum. Dollar on a lot more positive footing, € weakening, £ recovering after the January slump and some signs of JPY buying as well (AUDJPY for instance triggered its hourly head and shoulders top).
FX G10/EM Morning Trader Views
EUR – Surprisingly one way traffic since that Friday high above 1.37 – Mkt that’s long and political issues in Spain/Italy leading to an unwind of positioning to an Asia low of 1.3462.