Tag Archives: EUR/JPY
FX Viewpoint: EUR on a short leash
I never think of the future – it comes soon enough. -Einstein Where is EURUSD headed? What is fair value? – questions piling in my mailbox.
FX Daily Majors
Today’s highlights: * USDCAD’s upside break through 1.0421/27 sets a better base to test trendline resistance at 1.0500/13 next.
A more profound yen rise?
EUR/USD: ith the close set above 1.3794 no further evidence of apeak was set. The market however responded to the 1.3803resistance by pausing and meandering around it.
UBS Morning Adviser
ECB Tolerance Tests Headlines regarding the upcoming ECB asset quality review and stress tests have started to attract investor attention,
Daily Market Technicals
EUR/USD breaks above $1.3800 to squeeze above monthly Bolli top to test daily Bolli top. Studies are still bullish but daily studies show signs of slowing,
FX Daily Majors
Today’s highlights: * USDCHF completes a major top below .8931, for .8862 initially, then .8568/18.
UBS Morning Adviser
Let Nordics Run Their Course Having felt conditions were ripe for a CAD rally, we were taught a harsh lesson on Wednesday by the BoC:
Daily Market Technicals
EUR/USD still above the daily Bollinger band at $1.3783 but capped by resistance around $1.3800, initial resistance is very close as yesterday’s high at $1.3793.
FX Daily Majors
Today’s highlights: * AUDUSD has achieved our.9700/30 basing target, and we continue to look for a top here.
UBS Morning Adviser
CAD: Boring is Good The Bank of Canada is unlikely to register any major changes to policy on Wednesday.
Daily Market Technicals
EUR/USD surges higher once more to break above the daily and weekly Bolli bands but finds resistance from the monthly Bolli band top, now at $1.3798.
FX Daily Majors
Today’s highlights: * EURUSD’s spotlight remains on the 1.3711 peak. Above here,can target the 61.8% retracement of the 2011/2012 bear market at 1.3835.