Tag Archives: NOK/SEK

Technical Analysis

In the search of a €/$ peak. AUD @ great risk!… EUR/USD Another attempt to peak… AUD/USD Watch out for a 1.0410 break!… USD/JPY Creating a bear flag… EUR/SEK Looking for 8.26/28 bids…

FX Daily Crosses

Today’s highlights: * EUR/GBP: The corrective bounce continues, but we still expect .7930/64 to cap to maintain the medium-term downtrend. * EUR/JPY: A break of 97.73/72 is needed to ease further recovery strength to 100.00/01, ahead of 100.72 where we would expect renewed selling.

FX Daily Strategist: US

*FX to yet price QE3; EURUSD to accelerate towards 1.2700 into next week As anticipated, the FOMC minutes yesterday came in on the dovish side invigorating QE3 expectations. USD has been hurt vs. G10 FX, but more so against Asian and CEMEA FX.

FX Daily Strategist: Europe

* FX to more clearly price in QE3; EURUSD the best vehicle at present As anticipated, the FOMC minutes yesterday came in on the dovish side and saw the USD weaken against both EUR and JPY. It now appears that the markets are truly beginning to ponder QE3 more seriously;

Technical Analysis

EUR/USD peaking? Return of the yen! Gold shining… EUR/USD Time to resell?…  USD/JPY Back on track lower… EUR/SEK Congestion/correction… USD/SEK Drifting down from support… EUR/NOK Upside pressure mounting… NOK/SEK Base, triangle or flag?

FX Daily Strategist: US

*Political events in Europe to further restore confidence in the EUR The EUR has held onto Tuesday’s rebound but is currently struggling to break above a key technical resistance level at 1.2478 (the 61.8% Fibonacci Retracement level).

FX Daily Crosses

Today’s highlights: * EUR/GBP: The recovery bounce has extended, but we look for .7934/64 to cap to maintain the medium-term downtrend. * EUR/JPY: The push above 98.77 keeps the immediate risks higher to 100.72 where we would expect renewed selling.

FX Daily Strategist: Europe

* Political events in Europe should further restore confidence in the EUR The EUR held onto its Tuesday recovery throughout the remained of the New York and Asia trading sessions, but the lack of a rebound in the commodity currencies and large moves in EURAUD, EURCAD and EURNZD reflects that much of the move likely […]

Technical Analysis

Euro short squeeze, but beware looming risk off mood… EUR/USD Triangle setup overruled…  USD/JPY Buyers at support… EUR/SEK Correctional peak still wanted… USD/SEK Still confined to range… EUR/NOK Some focus on the recent high… NOK/SEK Rechecking the 55day EMA.

FX Daily Crosses

Today’s highlights: * EURGBP: A choppy sideways range continues to dominate nearterm, but and we remain biased for a test of .7790 ahead of .7755/40.

FX Daily Crosses

Today’s highlights: * EURGBP: Prices remain in tight range near term, but we remain bearish for a test of 7790 ahead of .7755/40. * EURJPY: The risks remain higher to 98.33/87 next with scope up to 100.72, which we would expect to cap for a turn lower.

FX Daily Strategist: Europe

US Treasury sell-off resumes, but USD loses against high yielding G10 FX In FX markets, the rise in US yields has persisted while the USD has continued to remain weaker, especially against the high yielding currencies.