Tag Archives: EUR/JPY

EURJPY – key pivot area in play

EURJPY has been back and forth across the key 131.15 pivot area as we look for whether the break here is for real. If not, today’s activity still softens the uptrend.

FX Daily Majors

Today’s highlights: • AUDUSD collapse continues, and the market is on the cusp of our .9600/.9575 core target zone, which we look to hold at first.

Daily Market Technicals

EUR/USD: The pair reverses to close back below the former Jul 2012 support line and leaves a long upper shadow to highlight the selling pressure.

Technical Alert

Well hello Mr. Riskoff – the dollar likes you EUR/USD: The U-turn in correctional target area and low session close set new pressure on the recent 1.2796 low and

EUR/JPY Technical Analysis

(131,95) The EUR/JPY still confirmed a strong closing above the top of the previous session but well off the highs of the day and

UBS Morning Adviser

Looking For the Unwinds There are many reasons behind the dollar’s recent rally but amid all the emphasis on policy changes, positioning perhaps is somewhat underappreciated.

FX Daily Majors

Today’s highlights: – EURGBP has broken above key downtrend and 55-day average resistance, suggesting a more bullish change of trend is underway.

Daily Market Technicals

EUR/USD: The pair closes and continues to hold above the former Jul 2012 support line, currently just above the former 23.6% of $1.3243-1.2797 at $1.2902,

Technical Alert

Cable is targeting 1.5025 next. EUR/scandies drift lower EUR/USD: Nothing really new from yesterday. The pair is in a near-term correction higher,

UBS Morning Adviser

SNB Dilemma, IMF Solution The IMF’s annual report for Switzerland is important for the franc. The IMF makes two key points.

EUR/JPY Technical Analysis

(132,40) The EUR/JPY confirmed a positive closing failing yet to confirm Monday’s negative outside day with 132,75 – 130,90 still the levels to follow in the coming hours.

FX Daily Majors

Today’s highlights: – USDJPY continues to hold below 103.10 for now, and a deeper setback remains favoured prior to the core uptrend resuming.