Tag Archives: USD/SEK
EURUSD & EURJPY extends the decline. NOKSEK breaks 1.1045
EUR/USD tests the 1.3526/1.3503 support zone. The yearly low at 1.3477 is a medium-term key ref to keep in mind.
EUR/USD should extend losses into the low – 1.35s
EUR/USD is targeting the low-1.35s now. EUR/GBP looks staged to seriously test trendline support at 0.7900.
Big drop in Gold is observed. Renewed OMX selling is a risk
EURUSD: Price action yesterday does not reveal any fresh current in the market. The 1.3576/13651 range has to be violated to indicate an increased chance for a directional move.
Portugal ignites EZ worries
EZ worries escalated yesterday (the €stoxx bank index having been the canary in the mine) with accelerating losses in the equity markets.
AUD finally turning lower? NOK/SEK turning higher?
The greenback and US bond yields fell after Fed minutes. CRB index and oil continued its decline and
EUR/NOK above 8.43 = bullish. €Z stocks fell hard
The EZ turned sourer yesterday with not only the €stoxx bank index breaking lower but also €stoxx50 came crashing down through its 55d ma band.
AUD reaction completed? €stoxx banks on thin ice
Calm markets overnight but some interesting developments nevertheless taking place. The EZ bank index (a sub index of €stoxx600) yesterday took
USD/SEK – On a bigger scale there is still plenty of upside to be explored
With the red lagging line displaying two consecutive higher weekly closes above the cloud
More € selling in the pipeline
The common currency ended last week on a negative footing, with especially EURJPY looking very vulnerable to continued selling.
Weekly Report
Traders continue betting on lower RBA rates before the year-end The RBA kept its cash rate unchanged at the historical low of 2.50% as widely expected.
SEK pressure to persist. EUR eroding support
4th of July celeb’s in the US. Well eventful was perhaps an understatment…