Tag Archives: NOK/SEK
FX Daily Strategist: US
– Risk-on likely undeterred by Spanish bank review this evening ; Look to add to short USD The long-awaited Spanish budget has been well received by markets with Spanish sovereign spreads relative to Germany narrowing and global equities finishing higher.
FX Daily Strategist: Europe
– Spanish budget well received – risk rally rolls on The long-awaited Spanish budget has been well received by markets with Spanish sovereign spreads relative to Germany narrowing and global equties finishing higher.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Basing efforts unfolding with the defence of .7910 trendline support. We expect an advance from here back to .8115/9 then .8157.
Technical Analysis
With many ccy pairs having arrived at support/resistance points a clear slowdown in activity noted. EURUSD resting at the low end of the 233d ma, EURJPY on its July support line, CABLE ndecisive with false breaks now on both sides, EURSEK still waiting to pass the neckline,
Technical Analysis
Mr Riskoff sneaking around… so stronger dollar and jpy in the cards. AUDJPY broke lower passing a first important junction and more selling expected (the rest of the Yen crosses also on a slippery slope. EURUSD sliding towards the low end of the 233d ma band, 1.2845,
Technical Analysis
EURUSD remains on a near-term, and so far, correctional slide lower. Further losses should be penciled in as long as staying below 1.3048… GBPUSD looks toppish still, so do not underestimate the powers of a sub-1.6163 break…
FX G10 and EM Morning Trader Views
G10 EUR (1.2936) – continue to pare back some of the post-QE3 gains; I see the first pocket of support coming in round 1.2906 (23.6% fib of July-Sep move).
Technical Analysis
USD and JPY recovering further with more signs of strength in the pipe. EURUSD Friday’s rejected attempt higher indicates that we soon will see an attack at the low end of the 233d ma band, a level that EURJPY managed to end below on Friday (hence remaining a preferred selling canditate)
Technical Analysis
EUR/USD 233d ma band revisited… EUR/JPY More indications of a top… AUD/USD Not behaving as expected… EUR/SEK Down at support… USD/SEK Exploring the lows… EUR/NOK Spiked below 7.4250… NOK/SEK Deeper into support.
FX Trends daily (FOCUS : NOK/SEK)
NOK/SEK After a rebound last week, the cross has resumed its downtrend and broke below a short term support at 1.1440. In this context, an extension of this trend is likely toward the major support zone at 1.1145-1.1204 (long term support line and August low pivot).
FX Daily Strategist: Europe
– Economic data flow picks up after a quiet week: EZ PMIs and Spanish auctions today The USD has continued its rebound during Thursday’s session in Asia. This is despite positive newsflow out of China with a slight pick-up in the HSBC PMI Manufacturing survey (albeit remaining sub-50) and an announcement of the 18th party […]
FX G10 and EM Morning Trader Views
G10 EUR – The rollercoaster continues – starting to get to that point where the mkt needs to stand on its own with all the gd news out post BOJ easing, leaving us with a China pmi again below 50, tensions between china and Japan and talks of downgrades to Australia’s aaa rating