Tag Archives: S&P
Technical Analysis
Big intra range swings….EURUSD bearish key day reversal Tuesday followed by a long lower spike yesterday questioning the reversal candle,
Technical Analysis
EUR/SEK traded distinctively higher yesterday and should test should test 8.6850 in the process. 8.63 should be supportive now…
Technical Analysis
Highs have been attempted in EURUSD & AUDUSD after announcement of a Greek debt deal, but price action is already dubious and refs below at 1.2930 & 1.0425 are not safe…
Technical Analysis
Again an initially weak euro later turning bid, leaving us with downside spikes in EURUSD, EURGBP and more.
Technical Analysis
FX seems relatively slow but has anyway showed a muted reaction to improved risk appetite… EURUSD should however find resistance strong in the 1.2820-1.2830 area (if not, then at 1.28551.2880)…
Technical Analysis
EURUSD was allowed to sneak a bit higher, but is for now stuck at resistance around 1.28, but over it would also allow for 1.2840 – 1.2773\95 before down…
Global Technical Watch – Risk relapse and profit taking
Risk assets came under pressure yesterday. US equities broke down through recent range lows and hard assets such as copper and aluminium posted bearish days, with the “shooting star” in aluminium suggesting a top.
Technical Analysis
The dollar holds the upper hand despite improved stock market sentiment… EURUSD is still thought to test the mid/low-1.28s, while USDJPY is expected to take out the recent 80.38 high, for extension towards 80.56\63…
Global Technical Watch – Profit taking
Following an unfavourable response to nonfarm payrolls over a week ago, the S&P 500 posted its strongest bearish week since the uptrend began in Q2. This is undermining the recent bullish trends in gold and Brent, as profit taking is taking centre stage.
Global Technical Watch – Quick Charts (Sep 19)
Following a strong run higher earlier in September, the S&P 500 is taking a breather. The lower volume on the pullback is a healthy bullish sign, as is gold’s orderly, stair-step move higher on intraday charts.
Technical Analysis
Commodity FXers, scandies & dollar favored… EUR/USD One down (Fed) two more to go… EUR/GBP Move higher corrective – so far… USD/JPY Small bullish step taken… EUR/SEK Lowering target to mid-8.2s… EUR/NOK Grinding into the recent lows.
Global Technical Watch – Quick Charts
Yesterday, S&P 500 futures backed away from support near 1320, as did EUR/USD from the psychological 1.20 level. These important hurdles are unlikely to give way without a near-term struggle. As a result, several EUR crosses took the opportunity to stage a short-term bounce.