Tag Archives: EUR/JPY

FX Daily Majors

Today’s highlights: • USDJPY’s collapse warns of further weakness to the 38.2% retracement of the rally from September at 93.57. We look for a floor here.

EUR/JPY Technical Analysis

(128,05) The EUR/JPY confirmed a weak closing plunging this morning even below 127. The drop confirmed a test of the support line at 127,40 with of course an undershooting.

Daily Market Technicals

EUR/USD: The pair soars over 150 pips to end the session at $1.3246 after testing initial res around $1.3306/08, yesterday’s high and reversal high from 19 Dec 2011.

UBS Morning Adviser

Faith in BoJ Divergent The past 24 hours have not been pleasant for yen pairs. Although high-beta assets and asset classes have held well,

FX Daily Majors

Today’s highlights: • AUDUSD has collapsed below .9528 and we stay bearish for key price support at .9407/.9388, which we look to hold at first.

Daily Market Technicals

EUR/USD: The pair holds again above the former Feb 1 resistance line and also the 61.8% of the move from $1.3243-1.2797,

EUR/JPY Technical Analysis

(129.87) The EUR/JPY formed a negative outside day yesterday suggesting with the closing below 130 further downside risk.

UBS Morning Adviser

ECB Meets, Euro Risks Today the European Central Bank and the Bank of England hold their monthly policy meetings. Neither central bank is set to make any changes.

EURJPY is one to watch post-ECB

ECB is more likely than ever to be gearing up for an attempt to bring more relief to European credit markets at tomorrow’s ECB meeting.

FX Daily Majors

Today’s highlights: • NZDUSD spotlight stays on our initial bear target at 7923/10. Below here would see a bigger top for .7808 then .7655.

Daily FX Technical Strategy: Base-ing implications

Although the USD is sidelined ahead of US data later this week, base metals have caught a silent bid.

Daily Market Technicals

EUR/USD: The pair still holds above the former Feb 1 resistance line, now part of initial support, but the pair has failed to break above $1.3108, the high of June 3 and the 100-DMA.