Tag Archives: EUR/JPY
EUR/JPY Technical Analysis
(132,14) The EUR/JPY confirmed on Friday further consolidation interior the inside day before forming yesterday a negative outside day with
Daily Market Technicals
EUR/USD: The pair rises back above the former Jul 2012 support line, now at $1.2873, but already tested territory below here.
UBS Morning Adviser
Oil & Inflation Today the UK releases April’s inflation data. As Chart 1 shows the consumer price index is rising by 2.8%y/y – above the Bank of England’s 2% target.
EURJPY likely to commit one way or another soon
The EURJPY rally has begun stalling out recently as the Euro has come under some pressure on the view that the ECB will look to ease again soon.
FX Daily Majors
Today’s highlights: – USDJPY has been unable to hold Friday’s break above 103.10 – 38.2% of the entire 1998/2011 bear trend – and a bearish “reversal day” is threatening.
Daily Market Technicals
EUR/USD: The pair now trades below the former Jul 2012 support line, now initial resistance at $1.2870, just below the 5-DMA at $1.2873.
UBS Morning Adviser
No Dollar Beta-Shift (Yet) The dollar has strengthened of late without disrupting general risk appetite. Prospects of fundamental changes in the Fed’s policy prospects have played a key role,
FX Daily Majors
Today’s highlights: – NZDUSD has seen its expected break of pivotal support at .8168/62 for the completion of a major top.
Daily FX Technical Strategy: US yield pullback not a game changer
Although US 10y yields are currently capped by the 1.98/2.00% area, this is unlikely to derail the broader trend of US dollar strength.
EUR/JPY Technical Analysis
(131,70) The EUR/JPY confirmed a negative closing while consolidating interior the range of the previous session.
UBS Morning Adviser
FX Should Heed JGB Theatrics It is now six weeks since BoJ Governor Kuroda announced a new program of monetary easing, and still the JGB market remains unsettled.
FX Daily Majors
Today’s highlights: – DXY $ Index has resolved its one-year range higher for a more broadbased USD rally. We target the 84.10 high of 2012 initially, then 85.28.