Tag Archives: USD/CHF
Daily FX Technical Strategy: USD/JPY turns as US tens beak down
Recent moves in rates markets are spurring activity in FX space. The downside break in US 10y yields signals a further pullback within range.
FX Daily Majors
Today’s highlights: – EURUSD: Market completes a top through neckline support at 1.2870, while also prodding below the 200-day MA. We see risk to 1.2740. Below here exposes 1.2502.
FX Daily Majors
Today’s highlights: – EURUSD: Reverting to the 1.2882/70 support zone. We expect the market to break below here as well at 1.2803, to challenge the 1.2740 – 38.2% Fibonacci retracement.
FX Daily Majors
Today’s highlights: – EURUSD: Doji reversal yesterday and defence of the 1.3024 chart resistance hurdle points to a return to challenge the 1.2882/70 support zone. We expect lower to 1.2803
Daily FX Technical Strategy: Euro drifting into trouble?
Volumes picked up a touch into the month-end, but support for the euro appeared to evaporate and the post OMT bounce seems to be losing its spring.
FX Daily Majors
Today’s highlights: – EURUSD: 1.2885/2 support holds for a fourth time. Despite this the market remains capped by 1.3024 and therefore within a downtrend. We see risk through 1.2885/68 to 1.2740.
FX Daily Majors
Today’s highlights: – EURUSD: Decline lower persists for now, with the market threatening a top through 1.2863/35/03. We expect this support cluster to be targeted today. Below sees 1.2740.
FX Daily Majors
Today’s highlights: – EURUSD: Range-bound for now, between 1.2803 support and resistance at 1.3140. Friday’s doji reversal warns of a rebound higher within this range back to 1.3024.
FX Daily Majors
Today’s highlights: – EURUSD: The focus remains lower within the current range, with risk to 1.2885/60 support zone, where we look for buying interest to emerge.
FX Daily Majors
Today’s highlights: – EURUSD: Reversal lower from 1.3084 results in a minor top through 1.3011/12 support. The focus is now on 1.2891/85 chart/trendline support.
USDCHF: Looking for clarity post-FOMC
The USDCHF chart is in limbo, like so many of the USD charts lately as the pair shied away from a downside break lately, but needs follow through higher to argue that the trend is changing.
Daily FX Technical Strategy: Aussie offered
While US equities showed signs of stability on Monday, closing marginally higher on the day, hard assets such as base metals continue to lose ground.
