Tag Archives: NOK/SEK

FX Daily Crosses

Today’s highlights: * EURGBP: The risks are still seen lower to .7790 then .7755/40 ahead of the .7694 2008 low.

FX Daily Crosses

Today’s highlights: * EURGBP: We allow for the squeeze higher to extend, but look for .7950/64 to cap to see a test of the .7755/40 support. * EURJPY: Removal of recovery trend support at 96.10 would see bearish forces mount for 94.92 ahead of 94.11.

FX Daily Strategist: Europe

* EUR recovery to be tested by eurozone GDP release EUR has continued to hold up well despite a barrage of negative political headlines, such as German press reports suggesting the German constitutional court ruling (Sep 12) on ESM and fiscal union could be further delayed.

FX Daily Crosses

Today’s highlights: * EURGBP: The break of trend support now at .7955 keeps the bias lower to .7790 ahead of .7755/40. * EURJPY: The focus turns to trend support at 95.90. Capitulation through here would see bearish forces mount for 94.92 ahead of 94.11.

Technical Analysis

More €uro weakness, JPY strength lurking… EUR/USD Mid body support still valid… USD/JPY Getting ready to decline… EUR/SEK More support coming up… NOK/SEK Time to look for fresh bids… EUR/NOK About to end the congestion.

Technical Analysis

EUR eroding support, bonds point at risk aversion… EUR/USD At the mid body support… EUR/SEK Deeper into hourly divergence…  NOK/SEK Impulsive setback… EUR/NOK Congestion… EUR/PLN Mixed signals.

FX Daily Crosses

Today’s highlights: * EURGBP: Coiling sideways ahead of the 55-day average placed at .7969. A break above here sees risk up to .8013.

Technical Analysis

AUD/NZD breaking higher, NOK/SEK firming… EUR/USD Another neutral doji candle… AUD/NZD Returning upside pressure… EUR/SEK 8.3025 support intact… NOK/SEK Breaking higher… EUR/NOK Mid body support cleared… EUR/PLN Watch the 4.0855 resistance.

Technical Analysis

Extended corrections… EUR/USD 2nd attempt to form a peak… USD INDEX Spiking below the band?… EUR/JPY Ending another correction… EUR/SEK Easing the “stretch”… EUR/NOK Double low?… NOK/SEK Hovering above the line… EUR/PLN Broke to a fresh yearly low.

Technical Analysis

Hello Mr. Riskoff – ECB failed to deliver what was “demanded”… EUR/USD A correctional high in place… EUR/GBP Correctional high at resistance… EUR/SEK Lower yes, but also “wedgy”… USD/SEK Weak attempt under support… EUR/NOK Fresh low likely… NOK/SEK Could correct the stretch.

Technical Analysis

Commodity FXers & scandies live lives to the edge… EUR/USD Mid-body support confirmed… EUR/SEK Offered into that stretch again…  AUD/USD Headed for ~1.07 it seems… EUR/NOK Earlier upmove likely a fluke… NOK/SEK +1.1270 recoil within downtrend.

FX G10 and EM Morning Trader Views

G10 EUR – Late wild finish to the week in ny with a new high (1.2390) followed by a 100 point retracement – Data all back loaded this week starting with FED (wed) before ECB (thurs) and payrols (Fri.) and let us not forget month end tomorrow –