Tag Archives: EUR/JPY
FX Comment: green shots
“The whole management of the domestic economy depends on being free to have the appropriate rate of interest without reference to the rates prevailing elsewhere in the world.” (Keynes)
Daily FX Volume and Technical Strategy: EUR/USD dropping to the edge
Following the events in the UK and Europe yesterday, investors once again showed a clear preference to buy US dollars over other major currencies.
Euro weak and dollar strong into NFP
EUR/USD: Price action strongly argues for extension towards the May low of 1.2796.All short-term “Ichimoku tools” are in bearish positions now and
EUR/JPY Technical Analysis
(129,30) The EUR/JPY confirmed a session of consolidation forming a new inside day with 131,00 – 128,55 the levels to follow in the coming hours;
Daily Market Technicals
EUR/USD returned to the downside to break and close below key Jul 2012 supp line, now res at $1.2921.
UBS Morning Adviser
Guidance Galore When queried, Mario Draghi said that the launch of more explicit forward guidance by the ECB and BoE within 90 minutes of each other was a coincidence.
FX Daily Majors
Today’s highlights: • EURUSD’s rebound is expected to prove short-lived and we look to fade strength for a move down to 1.2838/2796.
EUR/JPY Technical Analysis
(129,65) The EUR/JPY confirmed a negative closing missing however a weak one despite a drop toward 128,65!!
UBS Morning Adviser
JPY: Home Bias Still Strong Japanese investors were net sellers of foreign bonds again last week. That’s seven weeks in a row now.
Daily Market Technicals
EUR/USD sank to test the Jul 2012 support line, now initial support, but reversed higher to leave a hammer candle pattern,
Daily Market Technicals
EUR/USD gave another try to the upside, attempting to close above the 55 and 200-DMAs, now further res at %1.3073/75,
EUR/JPY Technical Analysis
(130,64) The EUR/JPY did not yet turn lower hitting instead 131,15 just below our key level;