€
The euro moved sharply lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4585 level and was capped around the $1.4775 level. Many data were released in the U.S. today. First, the November import price index printed at +1.7%, up from the revised October print of +0.8%, and was up +3.7% y/y, up from an upwardly revised October reading of -5.6%. Also, November advance retail sales came in at +1.3%, up from a revised +1.1% reading in October, while the ex-transportation component printed at +1.2%, up from a downwardly revised reading of 0.0%.
Technical Outlook at 1330 GMT (EDT + 0500)
(Bid Price) (Today’s Intraday Range)
EUR/ USD 1.4621 1.4776, 1.4585
USD/ JPY 89.17 89.79, 88.18
GBP/ USD 1.6239 1.6338, 1.6195
USD/ CHF 1.0343 1.0367, 1.0234
AUD/USD 0.9110 0.9194, 0.9090
USD/CAD 1.0605 1.0622, 1.0482
NZD/USD 0.7235 0.7290, 0.7221
EUR/ JPY 130.38 131.59, 129.91
EUR/ GBP 0.9001 0.9068, 0.8979
GBP/ JPY 144.82 145.64, 143.54
CHF/ JPY 86.19 87.00, 85.93
Support Resistance Support Resistance
EUR/ USD USD/ JPY
L1. 1.4470 1.4915 88.60 93.30
L2. 1.4355 1.5140 87.10 95.50
L3. 1.4175 1.5360 86.10 98.85
GBP/ USD USD/ CHF
L1. 1.6115 1.6685 1.0275 1.0580
L2. 1.5720 1.6830 1.0040 1.0695
L3. 1.5405 1.7040 0.9750 1.0885
AUD/ USD USD/ CAD
L1. 0.8450 0.8830 1.0535 1.0945
L2. 0.8300 0.9050 1.0365 1.1125
L3. 0.8070 0.9120 1.0155 1.1355
NZD/ USD EUR/ JPY
L1. 0.6880 0.7125 131.45 135.75
L2. 0.6750 0.7260 129.75 136.90
L3. 0.6535 0.7395 127.00 138.75
EUR/ GBP EUR/ CHF
L1. 0.8795 0.8995 1.5110 1.5380
L2. 0.8675 0.9105 1.4905 1.5580
L3. 0.8320 0.9225 1.4670 1.5880
GBP/ JPY CHF/ JPY
L1. 146.10 152.50 86.30 88.65
L2. 142.05 157.75 85.40 90.10
L3. 135.70 161.70 81.55 91.60
