Tag Archives: EUR/JPY

SEK & NOK soon set to weaken, again. Monitor €/JPY

EUR/USD: Nothing from yesterday’s price action helping to determine the next move from here. With mixed signals

EUR/JPY Technical Analysis

(129,30) The EUR/JPY is confirming our expectation and this morning we start the session below 129,50. The closing was weak last night below the previous day’s low supporting lower levels.

Daily Market Technicals

EUR/USD again testing the resistance line from Feb 2013, now at $1.3312 and part of initial res, however, bulls fail to close above this level which usually adds risk downside.

UBS Morning Adviser

JPY: The ETF Dimension Since Bank of Japan Governor Kuroda unveiled his new QQE policy in April, FX investors have focused almost exclusively on the JGB-side of the program.

FX Daily Majors

Today’s highlights: • NZDUSD has held the .7687/49 range lows, but we stay bearish for an eventual breakdown to .7458/56.

SEK & NOK soon set to weaken, again. Monitor €/JPY

EUR/USD: Nothing from yesterday’s price action helping to determine the next move from here. With mixed signals (Thursday = a bearish engulfing candle and

EUR/JPY Technical Analysis

(130,35) The EUR/JPY confirmed as well a weak closing below the low of the previous session that was a negative day reversal suggesting we may have a s/t top.

Daily Market Technicals

EUR/USD pushed up to leave higher high and low however daly studies continue to descend and yesterday failed to break above $1.3300, initial res.

UBS Morning Adviser

Of Beats and Betas On Monday UBS Equity Research upgraded Europe (ex-UK) equities to neutral from underweight,

Technician

EUR/USD Momentum is still clearly pro-growth and indicators are not overbought, so main technical scenario is same as week ago:

EUR/JPY Technical Analysis

(130,70) The EUR/JPY formed on Friday a negative day reversal but only a daily closing tonight below 131,08 will confirm a s/t top supporting a new test

FX Daily Majors

Today’s highlights: • NZDUSD has fallen sharply overnight to test and again hold for now key support at .7687/83.