EURUSD making steady progress up to 1.1780 from 1.1730, EURGBP 0.8890 from 0.8875 EURJPY 132.02 from 131.40, EURAUD 1.5567 from 1.5520 Merkel heading to meet president Steinmeier today amid the biggest fight of her political …
Notes: An outside key reversal candle last month off pitchfork support shifted our bias to the long side of the EURAUD with the focus on key resistance at the 1.46-handle. This region has continued to cap the advance and remains our near …
Up from there, the stock is now showing an incomplete 5 swings bullish sequence suggesting more upside in the coming months toward $132 $139 as a first area of interest. The movehigher will open further extension for the stocks …
The single currency also hit a seven-month trough on the higher-yielding Australian dollar EURAUD=R and to near its lowest against the pound since late 2007 EURGBP=R. Investors looked to borrow euros at super-low rates and buy …
It is a key way to measure changes in purchasing trends and inflation. EURGBP 0.7973 +0.06%, EURUSD 1.3530 +0.03%, EURCHF 1.2175 -0.02%, EURAUD 1.4411 +0.01%, EURCAD 1.4702 +0.01%, EURNZD 1.5592 -0.01% and …
Still, an Australian-borne catalyst may help engineer a broad correction in AUD that spills over into EURAUD as the high-yielder pulls back across its major pairings. As mentioned above, the Aussie has relied on an unabashedly hawkish …