Tag Archives: EUR/JPY

EUR/JPY Technical Analysis

(120,95) The EUR/JPY just confirmed a nice rebound after the negative closing last night. It missed however to extend further its’ decline below 119 for now.

Daily FX Technical Strategy: Renewed sterling downside

We featured medium term bearish sterling signals in the form of UK 10yr breakeven rates and GBP/USD volume in our Top 10 Charts for Q2 report.

FX Daily

– Markets calming on easier Cyprus budget terms and decent US, Chinese data. – Fed speakers reiterating the case for continued Fed balance-sheet expansion.

Daily Market Technicals

EUR/USD: Closes Below 200-DMA For 7th Consecutive Session. Seventh consecutive close below the 200-day moving average at $1.2890, leaves downside as the least course of resistance.

Technical Alert

EUR/USD below 1.2772 would argue for fresh lows. A medium-term key ref is located at 1.2661, GBP/USD is thought to drop to and below a short-term key ref located at 1.5026.

EUR/JPY Technical Analysis

(119,78) The EUR/JPY confirmed a limited rebound finding good resistance just above the 120 level. The closing was however still negative suggesting further weakness and a firm test of the 118,70 level!

Daily FX Technical Strategy: USD/JPY crosswinds

Risk sentiment has deteriorated steadily since the headlines around Cyprus first appeared. This is seen in the form of a bid in major rates markets, not just in Germany, but also in the US.

EUR/JPY Technical Analysis

(119,30) The EUR/JPY confirmed a weak closing last night below the support of the inside day the cross was in since last week! We expect now a fir test of the 118,70 key level.

Daily Market Technicals

EUR/USD: M/T Outlook Bearish Whilst Below 200-DMA. Impressive recovery off $1.2771 but whilst below the 200-day moving average at $1.2889 and also a 2-month resistance line at $1.2937,

Technical Alert

EUR/USD Search a correctional top… EUR/JPY Feb low in sight… GBP/USD Testing resistance just above… EUR/SEK OMX outperforming is a SEK plus…

Daily FX Technical Strategy: Warning signs for the EUR

The recent flight out of major European equity indices into rates markets warns of increased risk aversion within the eurozone.

EUR/JPY Technical Analysis

(120,45) The EUR/JPY is confirming further consolidation interior the inside day with 124,00 – 120,00 still the levels to follow in the coming hours.