Tag Archives: NOK/SEK

Technical Analysis

EURUSD is correctively higher, but should ideally turn lower from Fri’s ~1.3195 mid-body point… GBPUSD bearishly violated the 1.5644 ref and should extend losses, initially towards 1.5580/40. Resistance starts at 1.57…

Technical Analysis

In the search of ending corrections… EUR/USD seeking a 2nd reaction target… USD/JPY caution with longs!… GBP/JPY head & shoulders top… EUR/SEK completed correction?… USD/SEK fell hard… EUR/NOK next move unclear… NOK/SEK correctional setback… AUD/USD sandwiched… EUR/CZK at least one more low likely… EUR/HUF best bullish wave count disrupted… EUR/PLN major setback!

Technical Analysis

Yesterday, a one day correction? SEK weaker. EUR/USD 1.3205 and then down again… GBP/JPY looking for a sell off… NZD/USD searching a new sell… EUR/SEK key resistance up for grabs… EUR/NOK another low not unlikely… NOK/SEK trying to pass the key res…

Technical Analysis

Risk is off everywhere you look and the dollar is on and there are few escaping the weight of this… EURUSD key below remains at 1.2974… USDJPY likely falling back to/below the 80-handle and GBPUSD looks set to test the Feb 1.5648/44 lows…

FX Ringside

Private Greek debt holders likely to approve plan Euro-zone governments approved the first half of the second Greek rescue package at their summit last week, with consent to the remainder conditional on the outcome of private bondholder participation in restructuring privately held Greek debt (PSI), and the Greek government’s ability to convince the market of […]

Technical Analysis

EURUSD respected support yesterday but little indicates it won’t be tested again. Key ref on south at 1.2974… USDJPY may have lost some momentum and has to at least re-visit the 80-handle…

Technical Analysis

Euro rally continued Friday without much sign of stretch, still surprisingly small adjustments to the non-commercial short euro position (latest reporting period = Tuesday close last week).

Technical Analysis

Euro strength on hold overnight but looks likely to continue for at least another day or two. Oil, stocks and bonds all rose (but for how much longer?). EURUSD next correction targets, 1.3435 and/or the 1.36-area,

Technical Analysis

EURUSD is possibly completing a bullish triangle – IF so with a mid-133 target… USDJPY is still in its bullish drive, but a pause/small setback would be timely at key resistance with the current short-term stretch in mind…

Technical Analysis

EURUSD looks set to test the recent 1.3322 high but the upside is not a done deal… USDJPY is short-term stretched and some longs should be weathered, paving for a ~79-recheck… AUDUSD could be in a more pronounced correction lower so keep an eye on the recent 1.0629 low…

Technical Analysis

EURUSD grinding higher but with poor momentum. Short term no strong directional conviction, EURJPY today’s gap and spike to be monitored very close as possible ending the upside correction, EURSEK rejected from 8.8520 but a new attempt will emerge from 8.80/82,

FX Daily Strategist: Europe

Greece/Eurogroup uncertainty now reigns Risk is back under pressure. The positive start to the year in global equities and in the likes of AUD, NZD and SEK in FX markets suggested a level of complacency about the Greek crisis: the sense has been that markets have assumed that through all the bluster and posturing, when […]