Tag Archives: NOK/SEK
FX Daily Crosses
Today’s highlights: – EUR/GBP: Stalling at .8100 trendline resistance. We expect corrective weakness to find support at .8025. The bias remains broadly higher through .8115 to .8157 then .8263.
Technical Analysis
EURUSD fell back some yesterday and puts some pressure on supports below at 1.2935 & 1.2900/1.2875… The pound is under increasing pressure, both against the dollar and against the euro.
FX G10/EM Morning Trader Views
EUR (1.2979) – we open this morning on the first support level of the day, this 1.2965/75 region was the ‘break-up’ level on Wednesday having failed to clear this a number of times prior.
Technical Analysis
EURUSD finally attracting sellers (above 1.30)? AUD under pressure with AUDUSD violating the Sept low, AUDJPY turning sharply lower from its minor correction, AUDCAD falling below its May low and more.
Technical Analysis
After the post ECB moves the market has been sidelined overnight. EURUSD looks like an hourly bull flag so looking for a 1.3044 move before stalling, AUDJPY seems to be in the latter stages or possible already turned the corner on its minor upside correction, seek a sell…
FX Daily Crosses
Today’s highlights: – EUR/GBP: Break above .8010 resistance allows for risk up to .8101 trendline resistance and then .8115. Longer term we reiterate our .8263 target.
FX G10/EM Morning Trader Views
EUR – Another day of chopping/consolidation stuck 30 pips either side of 1.29 – My view remains unchanged with a bias to the topside – I remain long looking for an eventual break of 1.2970/1.30 to confirm the recent selling pressure is over and we again target a deeper squeeze.
Daily FX Technical Analysis and Strategy
EUR/USD: Ranging – Investors are reluctant to drive EUR/USD strongly in either direction. Price emerged briefly through 1.2960 though is still lacking follow through.
Technical Analysis
The aussie seems to be the prevailing underdog now, with SEK & potentially also the GBP set to continue to underperform… EURUSD is stuck in range and FIRMLY outside outside 1.2820-1.2970 is needed to see a directional tilt…
FX Daily Crosses
Today’s highlights: – EUR/GBP: Recovery commences off .7923 support with the market threatening to break out above .8010. We remain bullish for .8115 first.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Basing efforts continue to unfold, and whilst above .7910/.7893 support zone we expect further upside to .8115 initially.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Still holding above .7910 trendline support as the market continues to develop a base. We expect upside to .8115 initially.