Tag Archives: NOK/SEK

Technical Analysis

A softer €, stronger JPY, weaker NOK & MXN… EUR/USD So far kept within the band… NZD/JPY Inversed pressure cooker… EUR/GBP New lows underway… EUR/SEK Still a mid body buy… USD/SEK Finally a sign of buyers… EUR/NOK Finally some action!… NOK/SEK Volatile.

Technical Analysis

Many markets are pausing, commodities extend losses… EUR/USD No new directional information… USD/JPY Another leg higher underway?… AUD/USD Notable buyers’ response… EUR/SEK Mid-body support confirmed… USD/SEK Hugging support… EUR/NOK Acceleration higher needed… NOK/SEK Micro-term bullish flag… GBP/USD Running out of steam.

Technical Analysis

Minor corrections running late, weaker NOK… EUR/USD Resistance cluster on top… EUR/JPY 233d ma high capping (?) NZD/USD Rechecking the flag exit… EUR/SEK Sitting at the 55d ma low… USD/SEK Looking for buyers… EUR/NOK More upside action awaited… NOK/SEK Support under pressure.

Technical Analysis

NZD, EM’s under pressure, GBP in demand… EUR/USD Congestion… GBP/USD 1.6063 key to development… NZD/USD Soon to exit the bear flag… EUR/SEK Closed below the 8.87 supp… USD/SEK Still bids in the 6.72/74-area… EUR/NOK Correction target met… NOK/SEK A bearish key day reversal.

Technical Analysis

Dollar rally paused – not reversed. EUR/USD 1.2974 kept safe – for now… EUR/JPY Respecting support… EUR/GBP Fresh low rejected… EUR/SEK Near-term correction printed? USD/SEK Small setback to a bullish case… EUR/NOK Minimum “wave-C” target met… NOK/SEK Correctional grind (higher)… NZD/USD Bear flag ready to go.

Technical Analysis

Spain still in focus – € weaker… EUR/USD Trying to break lower… EUR/JPY Holding on to the break?… EUR/SEK Choppy pattern on top of 55d… USD/SEK Focus next at 8.8760… EUR/NOK Look for a down and up move… NOK/SEK Bounce getting serious… EUR/GBP Supply at “low” levels.

Speculative Positions

JPY net speculative position lowest since June 2007 SEB Risk appetite index (RAI)  RAI roughly unchanged week on week and thus still within the risk neutral zone and contained in an upward channel.

Technical Analysis

EUR/USD Short term still unclear… AUD/USD Completed corrective bounce… EUR/JPY Bull triangle or triple top… EUR/SEK Well, that’s a better one… USD/SEK Enough? EUR/NOK Correction unfolding… NOK/SEK First step higher taken… EUR/GBP Steering back into the high-0.82s

FX Ringside

Risk-on as euro outlook continues to stabilize The euro remains surprisingly strong, probably still benefiting from short-covering previous very stretched, negative positioning in the currency. This situation is likely to continue for some time yet with the Euro-zone at least temporarily stable due to Greece being no longer in focus and European banks apparently possessing […]

Technical Analysis

The euro rather resilient (so far) to bearish signals coming out of Spain (bank CDS’s took off yesterday, bearish key day reversal in IBEX), JPY – the stage is set for a comeback (EURJPY bearish key day reversal, USDJPY double top?, AUDJPY retreating, JPYSEK false downside break),

Technical Analysis

EURUSD is one notch closer to the 1.3291 ref, but a bullish case is NOT a done deal… GBPUSD is also higher and closed above a near-term important ref, but could still be building a larger top formation – as indicated by lesser volumes during the recent advance…

Technical Analysis

The greenback continues to be in demand, pushing several dollar pairs through their key levels. Euro x:s a bit more mixed posting both winners and losers. JPY & Scandies still under pressure.