Tag Archives: USD/CHF

Daily Technical Report

EUR/USD weakened yesterday but failed tobreak its recent low at 1.2440 (03/11/2014 low).

Today’s highlights: USDCAD above 1.1386 keeps the trend bullish for 1.1506 next,

EUR/USD has broken the hourly resistance at1.2544 (intraday high), suggesting a temporarypickup in buying interest.

EUR/USD: We still prefer to be short but will stay flexible and fade a 40-50 pip move in

EUR/USD has moved below the key support at1.2501, confirming persistent selling pressures.

EUR/USD: was rather wild for a change in Asia but has since reversed to trade only 25 pips lower than Friday’s close into the European open.

EUR/USD is approaching the key support at1.2501.

Today’s highlights: USDJPY has surged higher and stays bullish for 111.60

Today’s highlights: DXY $ Index above 86.10 should reassert the uptrend for

EUR/USD declined sharply yesterday. Thebreak of the support at 1.2614 calls for a test ofthe recent lows at 1.2501.

Today’s highlights: DXY $ Index below 86.10 maintains the threat of further weakness.

EUR/USD has breached the hourly resistance at1.2743, suggesting some increase in buyinginterest.