Tag Archives: NOK/SEK
FX Daily Crosses
Today’s highlights: – EUR/GBP: Poised to breakout above .8103/15 resistance, as support at .8022 continues to hold firm. We expect an extension higher to challenge .8157 initially.
FX G10/EM Morning Trader Views
EUR – Remain long looking for a break at the top end of the recent range (1.2800-1.2990/1.30) a break I expect to yield 1.3050/70 before backing off again
Technical Analysis
Hard to find anything really exciting…. AUDUSD having completed a minor bounce and stands ready to try lower, EURUSD stuck in a narrowing range, USDJPY bear triangle suggests selling to appear ahead of 78.68,
FX Daily Strategist: US
– Our CDS-measure turns higher, flagging a bullish EUR stance even at current levels Markets today are not looking as risk-constructive as they were yesterday, but it can safely be said that it has nothing to do with eurozone concerns.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Support found at .8022 signals the correction was shortlived, and we expect an advance through .8103/15 to target .8157 initially.
FX Daily Strategist: Europe
– EURUSD, GBPUSD and NZDUSD remains biased higher Markets have continued to charge ahead with better earnings reports from Europe and Thursday’s stronger labour data from the US showing initial jobless claims falling sharply.
Technical Analysis
EUR/USD Extended reaction higher… USD/JPY Indecisive… GBP/USD Congestion, then lower… EUR/SEK Break!… NOK/SEK Soon time for a breather… EUR/NOK Looking for support.
FX Daily Strategist: Europe
– Markets hold in well despite plenty of negative catalysts Markets continue to hold in well. The catalysts for risk-off are plenty, including earnings season uncertainty, Japan-China tensions and trade disruption, uncertainty on when Spain requests assistance (and yesterday’s S&P downgrade) and geopolitical tensions surrounding Turkey, Syria and Iran.
FX Daily Strategist: US
– Market in search of catalysts The markets continue to trade without conviction, searching for catalysts. The catalysts are many for the modest risk-off tone seen in markets but none of them are dominating at present.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Market posts a bearish outside day, suggests correction set to continue to .7978. Broadly, we still see risk higher through .8103/15 to .8115 and then ultimately .8263.
FX Daily Strategist: Europe
– Further upside to NOKSEK likely this week driven by soft Swedish releases Norwegian and Swedish CPI is scheduled to be released on Wednesday and Thursday respectively. BNP Paribas expect Norwegian CPI to rise 0.8% m/m, mainly due to seasonal factors, causing the y/y headline rate to fall slightly to 0.4%.
Technical Analysis
The euro got it on the chin (again) yesterday and finds itself in a group of underdogs, or perhaps as the leader of the pack… EURUSD is seemingly set to take out the monthly low of 1.2804 now…