Tag Archives: USD/CHF
FX Daily Majors
Today’s highlights: * EURUSD: Threatening the 1.2479 61.8% Fibonacci retracement hurdle after yesterday’s aggressive rally through 1.2383/7/8 resistance zone.
FX Daily Majors
Today’s highlights: * EURUSD: Challenging 1.2383/7/8 resistance cluster. We highlight that an upside break above here completes a minor base with risk higher to 1.2444/79.
FX Daily Majors
Today’s highlights: * EURUSD: Indecisive price action continues after failure ahead of 1.2383/7/8 resistance zone. We expect the market to retest 1.2242/56 support zone. Below exposes 1.2134.
FX Daily Majors
Today’s highlights: * EURUSD: Aggressive rally higher leads to a re-test of the 1.2387/8 resistance hurdle. Failure here keeps the downside threat alive, but above exposes 1.2444/79.
FX Daily Majors
Today’s highlights: * EURUSD: Failure to break above 1.2387/8 and subsequent reversal lower turns the focus back on 1.2242. Through here signals the start of next leg lower to 1.2042, then 1.1876.
FX Daily Majors
Today’s highlights: * EURUSD: Recovering back up towards 1.2388 interim chart resistance. We expect the market to break through here to challenge 1.2444/79 and then 1.2598.
FX Daily Majors
Today’s highlights: * EURUSD: Correction holds above key 1.2200/09 support zone keeping short-term upward trend intact for now. We remain positive over the short term for 1.2598.
FX Daily Majors
Today’s highlights: * EURUSD: Break through 1.2326/37 support zone allows for a deeper set back within the current corrective uptrend, but we look for this to gain traction at 1.2209/00.
FX Daily Majors
Today’s highlights: * EURUSD: Market holds the 38.2% retracement support at 1.2326. We expect the market to continue higher through 1.2444 to 1.2598 78.6% retracement resistance.
Behavioral Finance: Daily Forex Outlook: Time for a completely new ECB measure?
EUR USD (1.2285) Given the seniority of the individuals involved in yesterday’s various meetings – Draghi, Schaeuble, Geithner – news about the outcomes was surprisingly thin.
Behavioral Finance: Daily Forex Outlook: A problem well-defined
EUR USD (1.2290) The Mario Draghi risk-on rally extended into Friday, resulting in the largest one-week gain for the euro in two months. Sceptics poured scorn on ECB president’s comment from the outset because, they claimed, it lacked substance.
Behavioral Finance: Daily Forex Outlook: The flight of the euro ‘bumblebee’
EUR USD (1.2285) Mario Draghi’s verbal intervention yesterday had the kind of impact Japanese monetary officials can only dream of. The euro climbed 1.75 percent as sound-bites from his speech hit the wires.