FX G10/EM Morning Trader Views
EUR – extended through that cluster of moving avg at 1.3070/90 (50/100/200) yest but couldn’t sustain the break lower as we walked into a bout of profit taking across the board – Support remains that...
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EUR – Rallies remain limited for eur as we open today just above the recent lows at 1.3057 (asia low). Seemed to be eur x selling that weighed on eur yest as RM and spec names sold. Leading to some...
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EUR – Never wanted to rally yesterday in the face of strong corp demand in the morning and once we took out gd bids around 1.3050 we never looked back – RM and lev supply helped push us to the low at...
View ArticleFX G10/EM Morning Trader Views
EUR – Light squeeze off the lows at that 1.2990/1.30 support as eur x’s staged a decent recovery led by eurgbp- i have reinstated a short here at 1.3070 lvl against these m.a 1.3070/90 zone – will sell...
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EUR – Strong month end in general for the usd and eur no exception with another attempt at 1.2990 area (daily cloud top) – This lvl becoming increasingly important support now as we go into European...
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EUR – Edging lower with general usd eventually – positive for eur bears now that we finally broke and held below the daily cloud top at 1.2990, although its a thin cloud and we holding nicely on its...
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EURUSD – Squeezed yest as few shorts covered after the hold above 1.2800 and seeing further covering today on ldn open as we open above 1.2880 resistance – I have sold some here looking to sell some...
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EURUSD – Early short covering in the morning yesterday saw some heavy volume at 1.2880/1.2898 area but it was telling that we never went higher and as we ticked back off in the afternoon we gathered...
View ArticleFX G10/EM Morning Trader Views
EURUSD – 1.30 held nicely yesterday on the dip as the mkt still in cover mode for short positions mode into the weekend. We saw gd demand there from mid east, spec and RM names. Today feel that the...
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EUR – Start of a busier week this week after the flush out of positioning wed/thurs killed momentum into end of friday. 1.2980/1.30 downside remains pivotal in the short term while rallies towards...
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EUR – Shrugging off the 3rd dip to the 1.2980/1.30 area yesterday, eur opens up back above 1.3080 in ldn – Right now, drivers still seem to be positioning and mkt seems to be short still – While we...
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EUR – Another position cleanse yesterday taking us to 1.3155 in ldn and 1.3174 in ny. We saw gd demand from lev and rm a/cs 1.3050-80 which eventually fed through later in the day. Feel that this time...
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EUR – Feels set for another day in dullsville, with little in the way of data to focus on. Illiquid, choppy price action is expected as interest levels are set to be low. Order wise I have supply into...
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EUR – Big week for fx this week with all the CB meetings and payrols data, as well as month end – Last week saw a further squeeze in eur to 1.3299 high with some stronger data and a further unwind of...
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EUR – Slowly retracing the spike move from Thursday evening, though client interest is very much on the low side. Fridays high was 1.3380, so I expect selling interest on the approach to that area. The...
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EUR – A slug of EURxxx buying yesterday morning primarily in EURJPY and EURCHF by corporates helped support EURUSD in line with better than expected PMIs across the board. Some spec USD buying and...
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EUR – After 2 weeks off on holiday first thoughts on coming back is that eur hasnt done too much other than chop the mkt in a 170 pip range - yesterday no exception with stronger ifo print followed by...
View ArticleFX G10 Morning Trader Views
EUR – Good month-end supply of EUR/USD was the catalyst to clear stops through 1.32 but so far we have seen better buying of EUR/USD in Asia and on the London open 1.3210-30 from RM names, with bids...
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EUR – Sustaining the downward move from the back end of last week with a sell off to a new low on the ldn open – seeing early selling from rm and spec names taking us to 1.3164 low. Support is here at...
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EUR – Eur continues to be under pressure with bounces limited yesterday to 1.3185/90 and no different in asia o/n. The focus remains the 1.3130/50 area which contains the 200 (1.3145) and 100 (1.3137)...
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