Tag Archives: USD/SEK
EUR/SEK & EUR/NOK should both be bought on dips
EURUSD: Thursday’s peak at 1.3644 (basically 78.6% of the precedingdecline) has raised confidence for
Eyes on EUR/NOK 8.20 and the NB Verdikt. EUR/USD tests resimtance.
EUR/USD remains stuck in the 1.3512\1.3588 range. USD/JPY is likely done correcting higher. This turns focus back on 101.72, 101.60 & 101.43.
Look for confirmation of a correctional low in GBP/USD
EUR/USD remains stuck in the 1.3512\1.3588 range. A correctional GBP/USD low is likely not far off, possibly already at 1.6938/22.
AUD/NZD about to test key support at 1.0750
EUR/USD over 1.3586 would target at least 1.3621… GBP/USD could re-test 1.6922 before turning higher again – then with focus on 1.7025\44…
JPY on a strengthening path, EUR/NOK downturn
EURUSD: Friday’s attempt higher ended already at the 1.3580resistance with a relatively impulsive decline.
€uro comeback? AUD/NZD resumed its downtrend.
EURUSD: The return back inside the 55d Bollinger bands is yetanother sign that a short term development should be amove higher.
Stellar post-RBNZ kiwi move!
EURUSD: Outside 1.3522/59 needed for direction. Do nothing inside 1.3522/59, but go with the flow on a break, either for return to the post ECB-flow of 1.3503 and
Stronger yen, lower cable and a NOK/SEK setback
EURUSD: After yesterday’s decline (and close below 1.3586) it is clearthat last Thursday’s spring bottom was unable to attractbuyers enough to sustain the move to 1.3734/50.
EUR/JPY could guide EURUSD lower. NOK/SEK trades higher
EURUSD: Sideways with a downside tilt. Buying above 1.3678 never materialized yesterday. The market instead went into a low session close after constant grind lower through the day.
€uro rebound seen continuing
EURUSD: Thursday’s spring bottom and key day reversal shouldcontinue to underpin upside attempts and
EUR/USD targets 1.3734\50 before down & EUR/SEK moves to 9.1375
EUR/USD is targeting 1.3734\50 before down… USD/JPY is testing support at 102.20/11… A bullish GBP/USD candle just added shows demand…
USD/JPY correction target met, NOK/SEK @ support
EURUSD: Given that we don’t now the outcome of today’s ECBmeeting we have to act on what Mr. Market is telling us.