Tag Archives: S&P
NOK sellers soon ought to come back to market
EUR/USD: The dollar failed to hold on to inter-week gains into the close last week. This added a higher low and a higher high in this weekly perspective.
FX Daily
Market movers today • Focus this week will continue to be on US bond markets and the emerging markets (EM) turmoil.
NOK is depressed but deserves a breather anyway
EUR/USD: Yesterday’s attempt lower was responded to in the expected support area. Players face a recent both-sides rejection when they come in today and the outcome is obscured.
The dollar regains the upper hand again
EUR/USD: The fresh high (neutralizing the medium-term wave count) looks weak with a bearish candle yesterday topping the price/momentum “pre-divergence”.
FX Daily
Market movers today • Main focus will be the manufacturing and service PMIs for Germany, France and the euro area as a whole.
EUR/USD over 1.3418 changes outlook to neutral
EUR/USD: Yesterday’s rather decisive move through a medium-term key 1.3418 ref forces an earlier best fit wave structure from bearish to neutral/short-term bullish.
FX Daily
Market movers today • The main focus will be the release of the Fed minutes from the July FOMC-meeting.
AUD falls back harder than thought & CAD seems weaker too
EUR/USD: There was nothing to inspire a directional attempt yesterday and there is nothing new in the chart inspiring a directional stance today.
FX Daily
Market movers today • Again today we have a very light calendar with only a few minor releases.
The Aussie is clawing back some ground
EUR/USD: Last IMM reporting week (as per last Tue’s close) Speculative accounts added to net EUR longs and reduced shorts – both directly and indirectly as an aggregate measure.