Tag Archives: EUR/JPY

Daily Market Technicals

EUR/USD: The pair leaves a long dark candle to descend below the former Jul 2012 support line and 50.0% of $1.2043-1.3711,

UBS Morning Adviser

Confidence Cushion The dollar’s favourable response to consumer confidence figures released on Tuesday has demonstrated how risk-currency status for the dollar can only be generated through a virtuous data cycle.

Daily FX Technical Strategy: AUD hovers over its 2012 low

Following a turbulent week, the quiet start around the UK/US bank holiday was likely welcomed as markets took a breather.

FX Daily Majors

Today’s highlights: • AUDUSD has achieved our .9600/.9575 core target zone, and we continue to look for a correction higher from here prior to the broader downtrend eventually resuming.

Daily Market Technicals

EUR/USD: The pair holds above Jul 2012 support line but price action already tested this area today, at $1.2893,

EUR/JPY Technical Analysis

(131,76) The EUR/JPY is confirming further consolidation interior the inside day with 133,00 – 129,85 still the levels to follow in the coming hours.

UBS Morning Adviser

CAD After Carney Tomorrow (May 29th) Mark Carney will preside over his final Bank of Canada policy decision.

EUR/JPY Technical Analysis

(130.65) The EUR/JPY confirmed a negative closing on Friday while remaining interior the range of the previous day forming a new inside day with

UBS Morning Adviser

JGBs: No Need To Panic (Yet) A bond market is usually headed for trouble when foreigners suddenly flee. So far though there has been no sign of this in Japan despite the recent surge in JGB volatility.

UBS Morning Adviser

On Yen, Stocks, Chickens and Eggs Japanese equities continue to trade nervously after yesterday’s -7.3% plunge on record volumes. At the time of writing, the Nikkei-225 is down another -1.7% and

EUR/JPY Technical Analysis

(131,24) The EUR/JPY confirmed a weak closing below the low of the previous session but well off the lows of the day.

Daily Market Technicals

EUR/USD: The pair now back above the 23.6% and also the former Jul 2012 support line, now initial support at $1.2885/2902 also with the 5-DMA at $1.2901.