Tag Archives: NOK/SEK
FX Daily Crosses
Today’s highlights: – EUR/GBP: Recovery effort off .8033/4 chart/retracement support continues, and we look for the market to advance higher back up through .8084/.8111 to retest .8150/66.
Technical Alert
EURUSD is set on a correctional recovery, likely to meet resistance at 1.2960\75 or no later than 1.3020? NZDUSD is testing Sep?s best at 0.8357,
FX Daily Crosses
Today’s highlights: – EUR/GBP: Reversal lower now probing the .8033 61.8% retracement. There exists a lot of support close by at .8019 and .8006/1, which we expect to hold.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Prodding below .8059 interim support. We remain bullish for now, until a sustained breakdown is seen. We still expect a retest of key neckline resistance at .8166.
Technical Analysis
€/$ key resistance at 1.3140 survived at least the first attemt, YEN has weakend some but whereas USDJPY looks like a bullish continuation pattern EURJPY looks tired,
FX Daily Crosses
Today’s highlights: – EUR/GBP: Upward trend persists higher and we expect the market to challenge the critical .8166 neckline resistance. Above here completes a base targeting .8263 initially.
FX G10 and EM Morning Trader Views
EUR – Holding nicely above the 1.3025/1.3045 resistance zone without really pushing on. Yesterdays break of 1.3050 resulted in a wave of profit taking from rm/lev and spec so it will be interesting to see how we respond today.
Technical Analysis
Some interesting breaks and signals in GOLD, NOKSEK, S&P500, OIL, USDZAR and more to dig into. Euros remain in demand and EURUSD ending yday above its 2011 top line, growing bear divergences should be monitored closely,
FX Daily Crosses
Today’s highlights: – EUR/GBP: Advance continues higher for key neckline resistance at .8166. A break through here is eventually expected allowing for an advance higher to .8221 and then .8263.
FX Daily Strategist: US
– Central banks in the spotlight this week; further AUD gains ahead Central bank meetings – RBA, ECB, BOE and BOC — are in the spotlight this week. Of focus tomorrow, the RBA policy announcement will offer some opportunities for AUD.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Lacklustre prod above .8114 prior resistance. The focus remains broadly higher for a test of the .8166 key neckline resistance hurdle. Above here sees .8221/63.
FX Daily Strategist: Europe
– Fade the fiscal cliff via USD shorts; NFP could shift focus to the Fed The US dollar is likely to remain affect by US negotiations to head off the ‘fiscal cliff’. Here, good news is bad news for the USD, because of the negative correlation with risk sentiment.