Tag Archives: EUR/JPY
EUR/JPY Technical Analysis
(131,40) The EUR/JPY confirmed a strong closing last night well above the 131,15 level. Further strength is possible in the coming hours.
Daily Market Technicals
EUR/USD bounced from around the 200-DMA, still part of initial support at $1.3080 and closed above 50% level at $1.3086.
UBS Morning Adviser
Into Japan’s Elections The yen has been the main mover this morning in Asia. Earlier,
EUR/JPY Technical Analysis
(131,00) The EUR/JPY confirmed a positive closing after a test of the 131,30 area; however only a daily closing above 131,15 will support higher levels.
Daily Market Technicals
EUR/USD slips lower after testing res at $1.3164 and part of further res alongside Jul 16 high at $1.3174. Initial res at $1.3141.
UBS Morning Adviser
Dollar Bears Beware Bernanke Financial markets interpreted Federal Reserve Chairman Bernanke’s Congressional testimony as dovish with the dollar softening,
USD bulls getting picky
Heading deeper into the Northern hemisphere summer, FX price action is becoming increasingly choppy.
EUR/JPY Technical Analysis
(130,57) The EUR/JPY is starting today’s session at the same level as yesterday. The closing was at the same level as the day before.
Daily Market Technicals
EUR/USD moved up to the Jun 19 resistance line, now at $1.3155 and broke above only to slip back below today.
UBS Morning Adviser
Follow BoE Minutes The main event for markets today will be Chairman Bernanke’s semi-annual testimony in front of Congress.
EUR/JPY Technical Analysis
(130,50) The EUR/JPY confirmed a further session of consolidation interior the inside day despite a 130,60 overshooting.
Daily Market Technicals
EUR/USD remains just below 200-DMA while yesterday saw bears test support just below $1.3000 area but left another long lower shadow, adding pressure to the upside.