Tag Archives: EUR/JPY
UBS Morning Adviser
EUR: The New Yen? The euro and the ‘old’ yen (pre-Governor Kuroda) are becoming more alike, and today’s dataflow could invite even closer comparisons between the two.
FX Daily Majors
Today’s highlights: * NZDUSD has fallen to our .8232/31 target – the 38.2% retracement of the September/October rally – where we look for a fresh basing effort.
UBS Morning Adviser
A Lone Hawk Remains Until last week, only two G10 central banks stood ready to tighten. But the Bank of Canada has since dropped its tightening bias
Daily Market Technicals
EUR/USD tested above $1.3800 again but failed here and instead closed at its lowest in 10 days. Bulls may attempt to retest above $1.3800 but
FX Daily Majors
Today’s highlights: * AUDUSD breaks below its 21-day average and we stay directly bearish for .9427 – 38.2% of the August/October rally.
Extended losses for commodity ccy’s.
EUR/USD: With also a third consecutive day failing above the 1.3803equality point (between the July/Aug & Sep/Oct rise) buyersappears to be running out of steam.
Daily Market Technicals
EUR/USD failed to test $1.3832 and now closed back below $1.3800, which suggests upside risk weakened. Daily studies may be reversing lower,
UBS Morning Adviser
Dovishness Overpriced? This week seems to be getting off to a slow start and on the face of it for good reason: the Fed and BoJ are to
FX Daily Majors
Today’s highlights: * USDCAD stays bullish for move to trendline resistance at 1.0500/11 next. Above would target the 1.0569 peak.
Likely a new attempt to put some pressure on the €.
EUR/USD: Also a second attempt above the 1.3803 equality point wasrejected. Friday also ended with a doji candle showing thatwe reached balance between buyers and sellers.
Daily Market Technicals
EUR/USD left another higher high but this time closed back around $1.3800 to leave a doji while overbought daily studies weaken.
UBS Morning Adviser
Sceptical Of AUDNZD Bounce We have been short AUDNZD in one form or another since Feb 1st, and remain so despite signs that further downside may take even longer to materialise.