Tag Archives: EUR/JPY
FX Daily Crosses
Today’s highlights: – EURNOK: Break above 7.5011 and 7.5212 clears the way towards the 7.5777 recent high.
Daily FX Technical Strategy: NZD flies on QE
The BoJ’s quantitative easing has led to an accelerated search for yield elsewhere. In A yen for yield, we highlighted the bullish risks for NZD, AUD, and MXN against the JPY.
FX Daily
– Fed minutes, released early by mistake, had a hawkish tone. – Obama budget presented, aiming to kick-start deficit-reduction talks.
EUR/JPY Technical Analysis
(130,18) The EUR/JPY confirmed a strong closing last night already above the 130 level suggesting further upside potential.
Daily Market Technicals
EUR/USD: Fades From Key 38.2% At $1.3112, Studies Slip. The pair was turned away by the key res level at $1.3112, the 38.2% of $1.3711-1.2743, which is joined by the 21-month MA,
FX Daily Crosses
Today’s highlights: – EURJPY: A new high leaves the focus on 132.04 – the 50% retracement of the 2008/2012 bear market.
Daily FX Technical Strategy: Three focal points
In the west, the S&P 500 is inching towards its all-time high, but in the east, geopolitical tensions remain a focus, with USD/KRW trading close to its multi-year channel high.
Daily Market Technicals
EUR/USD: Tests Dly Bolli Top, Holds Below 38.2% At $1.3112. The pair pushes higher again to test the daily Bollinger band top, now at $1.3110 and part of initial res.
EUR/JPY Technical Analysis
(129,70) The EUR/JPY confirmed last night another strong closing and even after having closing the gap up, at least the European one.
FX Daily Crosses
Today’s highlights: – EURNOK: We look for the rebound off 7.4334 trendline support to continue, with a push above 7.4851 needed for the next leg higher.
Daily FX Technical Strategy: A yen for yield
As JPY weakness becomes increasingly pronounced, investors are searching elsewhere for higher yield in currency space. A chart of an equally weighted basket of AUD, NZD, and
Daily Market Technicals
EUR/USD: Nears 38.2% At $1.3112 While Daily Studies Rise. The pair continues to track higher but last three sessions show significant upper shadows, cautioning bulls.