Tag Archives: EUR/JPY
EUR/JPY Technical Analysis
(128,30) The EUR/JPY formed a small positive day reversal but only a daily closing above 128,62 will confirm a s/t bottom.
FX Daily Majors
Today’s highlights: – GBPUSD’s extension through 1.5423 keeps the immediate bias up to the channel highs at 1.5566, where we would look for a fresh attempt at a top.
EUR/JPY Technical Analysis
(127,65) The EUR/JPY confirmed a weak closing well below the low of the previous session as well as below the support of the inside day supporting further weakness toward the key level at 124,95!!
UBS Morning Adviser
Japan To Buy Asian Bonds? Local media reports indicate that Japan may diversify some of its FX reserves into the bond markets of South East Asia. The announcement could come as early as Friday May 3rd ¹.
Daily Market Technicals
EUR/USD: Daily Studies Turning Higher. The pair continues to pressure to the upside, despite the long upper-shadow a couple of sessions ago.
FX Daily Majors
Today’s highlights: – GBPUSD has staged an remarkable rally above 1.5413/23, allowing the recovery to extend to the channel highs at 1.5555 where we would look for a fresh attempt at a top.
Daily FX Technical Strategy: The ceilings into end of week
Into the end of week, several markets such as USD/JPY, the S&P 500, and US 10y yields are ranging just beneath important topside areas.
Daily Market Technicals
EUR/USD: Long Upper-Shadow Cautions Bulls. The pair leaves a massive upper-shadow yesterday and closes near its open to form a doji day.
UBS Morning Adviser
Follow the Growth Flow The market will likely increase its pricing of an ECB rate cut in the run up to the May policy meeting. A weaker euro can also be expected, but for a credit- and funding- starved Eurozone,
EUR/JPY Technical Analysis
(128,90) The EUR/JPY formed a small negative day reversal while confirming another session of consolidation remaining interior the previous inside day with 129,95 – 127,75
FX Daily Majors
Today’s highlights: – NZDUSD above .8512 turns the focus back to the .8678/85 highs.
Daily Market Technicals
EUR/USD: Bounces From 200-DMA – Studies Firming. The pair tested supp yesterday as it fell through the 21-DMA and former 23.6% to bounce from just above the 200-DMA before ending higher.