Tag Archives: NOK/SEK
Technical Analysis
EURUSD drifting lower in a non trending mode, JPY is more than recovering yesterday morning losses, AUDUSD is making downside progress after the Thu-Mon top formation,
FX Daily Strategist: Europe
– Bank of Japan extends asset purchases, but USDJPY may still head lower over the weeks ahead The Bank of Japan eased monetary policy on Wednesday. The action by the BoJ has been slightly more aggressive than expectations with the asset buying program having been extended by JPY10tr to 80tr.
FX Daily Strategist: Europe
– USD sell-off to persist, market waiting for a short-USD catalyst We expect the US dollar to continue a depreciating trend over the weeks and months ahead. This is despite the lack of a clear directional move in the dollar at the beginning of this week.
FX G10 and EM Morning Trader Views
G10 EUR – Few little eur negatives this morning – first being the failure again at 1.3170 lvl – twice now we have had aggressive pullbacks post heavy buying
Technical Analysis
EURUSD is allowed to pause the otherwise paced move higher. Levels at 1.3060 or possibly even 1.2975 could be rechecked… EURJPY has rushed higher, but also a touch too fast.
FX Daily Strategist: US
-Fed delivers QE, further USD weakness is in scope The USD continues has continued to sell-off on Friday as the market reacts to the Fed’s delivery of open-ended QE and commitment to balance sheet expansion until the labour market improves substantially.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Our bias stays higher through neckline resistance at .8050 to test the .8096 barrier next. We expect major resistance at .8126/57 to provide a ceiling.
FX Daily Strategist: Europe
– Fed delivers QE, further USD weakness is in scope The Fed delivered open-ended QE and committed to balance sheet expansion until the labour market improves substantially. The market reaction in the immediate aftermath i.e. sharp rally in equities, gold, and US TIPS inflation expectations and the sharp sell-off in USD plays to the strong […]
FX Daily Crosses
Today’s highlights: – EUR/GBP: Range support at .7967/59 has held and our bias is for the recovery to extend to neckline resistance at .8045, with scope to the .8096 high.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Range support at .7964/59 ideally holds to maintain recovery with risks to .8004. Above here would aim at the .8096 high. – EUR/JPY: We ideally look for basing support at 99.60/21 to hold to see a test of the 101.65/81 where we expect a fresh attempt at a top. – EUR/SEK: […]
Technical Analysis
The nokkie got it on the chin yesterday and a 7.40-7.45 test looks possible before realigning price action with downtrend again… EURSEK on the other hand confirmed mid-body resistance yesterday and looks ready to test nearby supports at 8.43 & 8.40…
Technical Analysis
$ in general under pressure with $ index back at levels not seen since the spring. US bond yields basically unchanged (after a rather volatile session)sinc Friday, GOLD continues to climb and so does many commodities (CRB into a bear divergence now…!) and the YEN to strengthen (ag the greenback but also soon ag the […]