Tag Archives: USD/CHF

Daily Technical Report

EUR/USD continues to decline and is nowtesting the strong support area between 1.2755and 1.2662.

Today’s highlights: EURGBP stages a bearish “outside day” to leave the spotlight on our core bear target zone at .7800/.7755.

EUR/USD made a big daily upper shadowyesterday, indicating persistent selling pressures.

Today’s highlights: USDCAD continues to hold trend support to leave the bias higher to

EUR/USD remains thus far unable to holdabove its previous lows, indicating persistentselling pressures.

Today’s highlights: EURGBP falls to test our core bear target at .7800/.7790, where we look for a base.

EUR/USD remains capped by the short-termdeclining trendline and the hourly resistance at1.2988 (05/09/2014 high).

U.S. Review FOMC Meeting Does Little to Change Our Outlook • The Fed lowered its projections for GDP and unemployment slightly,

Sterling traders adjust strategy after “no” victory The Scotland says “no” to independence, hence the 307-year-old union remains intact.

EUR/USD remains capped by the short-termdeclining trendline and the hourly resistance at1.2988 (05/09/2014 high).

Today’s highlights: EURGBP continues its decline and we stay bearish here for

EUR/USD has failed to break the hourlyresistance at 1.2988 (05/09/2014 high).