Tag Archives: NOK/SEK

Technical Analysis

The dollar retains the upper hand… EUR/USD Below 1.2670 => 1.2619/04… USD/JPY Risks testing the mid/low-78s… GBP/USD Likely to extend losses…

FX Daily Crosses

Today’s highlights: – EUR/GBP: Rebounding from the 50% retracement at .7960, but the risk remains lower for .7923/12 initially, whilst capped by .8033.

FX Daily Crosses

Today’s highlights: – EUR/GBP: Downside risks remain for a turn lower to the .7923/12 support. – EUR/JPY: The bearish extension below former trend support now at 102.40 reinforces a top for 100.16/99.36.

FX Daily Crosses

Today’s highlights: – EUR/GBP: Selling pressure has extended and beneath .7984/78 would see a more bearish turn for .7923/12.

Technical Analysis

$ surge, commodities, CAD, NZD & equities lower… EUR/USD Strong resistance rejection.. CAD/JPY Bearish key day reversal… EUR/SEK Entered support zone… USD/SEK Another failed neckline test…

FX Daily Crosses

Today’s highlights: – EUR/GBP: Gaining traction at .7984/78 support, and after the removal of .8014 we see scope for risk towards .8078 once again. Above creates a base for .8166 again.

A monthly run through the long-term charts

The euro is still facing headwinds and German yields are still trending lower The ECB EUR index has been allowed a correctional lift to re-check into the lower end of the still sharply falling 12mt Moving Average band, which represents resistance together with a 2009-2012 descending top line and the 2010 lows near the 100-mark.

FX Daily Crosses

Today’s highlights: – EUR/GBP: Trendline break through .8000/.7990 paves the way for further downside risk to .7923/12 chart/61.8% retracement support.

Technical Analysis

Last week we saw the greenback ending on the strong side and equities, eur, jpy and commodities on the weak side. We are mainly looking for more of the same given that EURUSD has violated 1.2825 = sub 1.2804 (possible 1.2770 enough for the day), USDJPY stronger resistance 80.68/85,

FX Daily Strategist: Europe

– USDJPY to be sensitive to today’s NFP; Watch the jobless rate Stronger US data (including the ADP and the ISM) has resulted in a risk-on reaction and the USD weakening against the higher beta commodity currencies yesterday i.e.

Technical Analysis

The dollar holds the upper hand despite improved stock market sentiment… EURUSD is still thought to test the mid/low-1.28s, while USDJPY is expected to take out the recent 80.38 high, for extension towards 80.56\63…

FX Daily Crosses

Today’s highlights: – EUR/GBP: Decline lower persists, with the market breaking immediate trendline support at .8020. We expect a continuation lower to .7923/12.