Tag Archives: NOK/SEK
Technical Analysis
Risk appetite remain firm (equities, bonds and commodities all doing fine). Multiple signs of a possible EURUSD & EURJPY peak coming hours/day, SEK & NOK continued and will continue to weaken.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Approaching .8114 initial resistance. We expect the upward trend to continue higher through here to challenge neckline resistance at .8166.
FX Daily Strategist: Europe
– Good news on the fiscal cliff is bad news for the USD, stay long AUDUSD The USD remains sensitive to headline risk relating to the US fiscal cliff. Risk sentiment turned for the better overnight as House Speaker John Boehner said he was optimistic that the budget talks will avert the crisis “sooner rather […]
FX Daily Crosses
Today’s highlights: – EUR/GBP: Correcting back to throwback support at .8059. Whilst above trend support at .8027, however, the bias remains higher through .8114 to 8.166 and then .8221/63.
FX Daily Strategist: Europe
– Fiscal-cliff jitters positive for the USD, but not for long FX markets are trading against a more subdued global risk backdrop with US equities closing in the red and US Treasuries trading firmer.
Technical Analysis
EUR/SEK traded distinctively higher yesterday and should test should test 8.6850 in the process. 8.63 should be supportive now…
FX Daily Strategist: US
– Greek deal to help risk-sentiment remain supported Both the IMF and Eurozone came to an agreement to reduce Greek debt as was to be expected. While some key details are missing, eurozone banking shares are outperforming in higher volumes this morning.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Consolidating after recent neckline break and push above the 200-day average at .8074. We see risk higher to long-term resistance at .8166. Above here signals a larger base, with risk up to .8221/63.
Technical Analysis
Highs have been attempted in EURUSD & AUDUSD after announcement of a Greek debt deal, but price action is already dubious and refs below at 1.2930 & 1.0425 are not safe…
FX Daily Crosses
Today’s highlights: – EUR/GBP: Consolidating after recent neckline break and push above the 200-day average at .8074. We see risk higher to long-term resistance at .8166.
Technical Analysis
The common currency ended last week on a clearly bullish footing and will probably begin the current week in the same manner. There are however some important resistances on the horizon.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Stuck within a range between .8067/78 resistance and .8006/9 support. The bias is shifting higher for a push through .8078 towards .8166.