Tag Archives: NOK/SEK
Technical Analysis
In short: Expectations on ECB action later this week run high… EURUSD has completed a full bullish near-term 5-wave cycle – likely “A” in a broader “A-B-C” correction…
FX G10 and EM Morning Trader Views
G10 EUR – Well yesterday turned early on 1 headline regarding the ESM banking license and never looked back – Weak UK data, IFO all mattered not in the face of cutting from lev , spec and ctas –
Technical Analysis
Risk is off and the dollar and US bonds enjoy a safe heaven bid on behalf of the euro and EuroStoxx which are again punished in this environment… EURUSD failed no nail a low and could extend the slide – with the next key hurdle located at 1.1975 in mind…
Technical Analysis
EURUSD is still in its correctional drift higher, but it is likely to end soon with Spanish 10y yield (& spread to Germany) fast rising/widening… This is also good news for Bunds, soon breaking the recent 145.97 high…
FX G10/EM Morning Trader Views
G10 EUR – Recent range continues 1.22-1.23 while eur x’s, especially against aud and nzd, continue to trade lower – While 1.2150/60 remains key support downside and we keep bouncing from around 1.22
Technical Analysis
EUR/SEK likely headed into a fresh yearly low… EUR/USD Yet another buyers’ response… EUR/GBP Time ripe for a bounce higher… USD/CAD Extending the correction lower…
Technical Analysis
No big changes from yesterday… USD sellers respond to intraday rallies so the correctional theme may linger for some time yet… Best using this opportunity seems to be the pound and the aussie which holds tests of 1.5723 & 1.0330 (1.0475) possible…
Technical Analysis
In general a stronger dollar emerging with especially CABLE, AUDUSD, NZDUSD seen as a sell. The yen also seems to be on a strengthening path. EURUSD a marginally new low has fulfilled at least our minium target of a fresh cycle low,
Technical Analysis
Small movements overnight but S&P took out the first support (in the support cluster), CRB added more confidence to a downside turn in commodities hence AUD with its three wave hourly pattern looks like a sell candidate.
FX G10 and EM Morning Trader Views
G10 EUR – Quiet o/n with eur failing to push on above 1.2330 lvl despite stops in the market – Still not huge clarity coming from the EU finance ministers meetings although comments from Schauble regarding use of ESM/EFSF funds ‘without warning’ suggests that they may stand ready to step in if Spanish and Italian […]
Technical Analysis
Yesterday basically became a day of consolidation so really no changes to our expressed views only a one day delay. EURUSD minor bear flag created look for a downside break of 1.2272 to trigger, AUDUSD mid body test, 1.0145, coming up,
FX G10 and EM Morning Trader Views
G10 EUR – So we open the week in asia with a nice push to a new years low at 1.2225, however we bounce right back as mkt takes some profit on this 3% move into the EU finance ministers meeting later today – That said we still only have managed a move back to […]