Tag Archives: EUR/JPY
UBS Morning Adviser
Swiss Puzzle, German Answer The Swiss franc has weakened sharply this week. EURCHF has jumped from levels just above the Swiss National Bank’s ‘minimum’ floor of 1.20 to above 1.23 while USDCHF has appreciated back towards 0.95 the figure.
EUR/JPY Technical Analysis
(129,55) The EUR/JPY confirmed a session of consolidation remaining interior the previous day’s range forming a new inside day with now 129,95 – 127,75 the levels to follow in the coming hours.
UBS Morning Adviser
Only The Kiwi Flies Central banks are being forced to change stance. Following yesterday’s weak PMI data, the European Central Bank is now likely to cut interest rates on May 2.
Daily Market Technicals
EUR/USD: Slips Below $1.3000 – Daily Studies Slide. The pair slipped below the Apr 17 low and 5-wk MA, former supp at $1.3002, and now holds just below while dly studies continue to decline.
EUR/JPY Technical Analysis
(129,17) The EUR/JPY confirmed a negative closing but it failed to confirm the previous day’s negative day reversal. The indicators of the daily chart are still well positive but
Daily FX Technical Strategy: A creeping bid for the USD
US rates markets are maintaining a bullish tack and the risk is for lower yields. However, the implications are mixed for the US dollar at this point.
EUR/JPY Technical Analysis
(128,80) The EUR/JPY formed as well a negative day reversal but only a daily closing tonight below 128,92 will confirm a s/t top suggesting a fir retest of the 125 area!!
UBS Morning Adviser
Europe’s PMIs China’s HSBC PMI data came out weaker this morning in Asia, falling from 51.5 to 50.5. Coupled with USDJPY slipping back below 99, stock markets have fallen across the region.
Daily Market Technicals
EUR/USD: Following Daily Studies Lower – Support At $1.3002. The pair declines after again failing to close above the 38.2% of $1.3711-1.2743 at $1.3115.
FX Daily Majors
Today’s highlights: – AUDUSD continues to look heavy, with the break beneath 1.0269 clearing the way for a move down to 1.0203, then the multi-month range lows at 1.0104/00.
UBS Morning Adviser
A Japanese Giant To Watch USDJPY is testing 100 this morning in Asia after the G20 meetings resulted in little criticism of Tokyo’s policies.
Daily Market Technicals
EUR/USD: Holds Above $1.3000 Despite Bearish Daily Studies. The pair holds above $1.3000 despite the bearish dly studies, 10-day mom in a bearish trend but firmed a touch from sharply down.