Lots going on, lots to cover, and we’re trying to get round it all. Here’s a quick rundown of the moves and levels to watch.
EUR/USD going nowhere after the TLTRO numbers came out bang on expectations. It hasn’t largely changed the landscape for QE but it won’t have accelerated expectations either.
We’re still within well defined ranges so play the edges and look to go with a confirmed break.
EURUSD daily chart 11 12 2014
GBP/USD is another one still walking between the goal posts. Kick back and wait to play the levels
GBPUSD H1 chart 11 12 2014
Looking around the aussie/Kiwi pairs the most interesting is EUR/NZD which is another respecting the tech.
EUR/NZD daily chart 11 12 2014
EUR/AUD is looking to confirm a break of resistance at 1.5028 and has had a look above the 61.8 fib of the Jan 2014 fall from 1.5828
EURAUD Daily chart 11 12 2014
AUD/NZD is down through a prior very long term historical level. 1.0520/1.0490 is the next level to watch for before taking a look at the all time low in the pair at 1.0432
AUDNZD Weekly chart 11 12 2014
I’ll break some of these down into more detail a little later