Tag Archives: EUR/JPY
Daily Market Technicals
EUR/USD: Makes New March Low, Studies Weaker, 21 & 100-DMA Bear Cross. The pair failed to move above the Feb 1 res line and broke below the Mar lows which has also weakened dly studies,
EUR/JPY Technical Analysis
(124,35) The EUR/JPY confirmed a negative closing, while however still remaining interior last Friday’s inside day with 126,10 – 123,70 still the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: Holds Above Mar Lows, Mixed Studies, Wait For Breakout. The pair continues to be squeezed between the Feb 1 res line, initial res at $1.3043, and the lows of Mar 8, 6 & 1,
EUR/JPY Technical Analysis
(125,75) The EUR/JPY formed a negative outside day reversal after a retest of the 126 level, while however remaining interior Friday’s inside day with 126,10 – 123,70 still the levels to follow in the coming hours.
FX Daily Crosses
Today’s highlights: – EURGBP: The 78.6% Fibonacci retracement hurdle of .8765 remains intact. The risk is skewed lower within the range back towards .8571/6.
FX Technical Thoughts
EURUSD – With the MACD below its zero line, reflecting bearishness, focus is on the momentum tools as a closing cross lower would reinforce the bearish theme.
Daily FX Technical Strategy: Looking outside the EUR/USD range
Although USD buying has been a developing theme of late, this phenomenon is far from indiscriminate. USD/MXN completed a Bear Flag and is trading beneath its 2012 lows.
Daily Market Technicals
EUR/USD: Below Feb 1 Res Line But Holds Above $1.2955 – Mar 8 Low. The pair hanging around just below the Feb 1 res line now at $1.3066,
EUR/JPY Technical Analysis
(125,75) The EUR/JPY confirmed a positive closing while remaining interior Friday’s range forming a new inside day with 126,10 – 123,70 the levels to follow in the coming hours.
Daily FX Technical Strategy: Additional USD boost
While the US dollar index completed a basing pattern a few weeks ago, the recent bearish move in US rates (through 2.07%) is further catalysing a USD bid.
EUR/JPY Technical Analysis
(125,08) The EUR/JPY confirmed a strong closing on Friday after the test of the 126 area. The weekly closing was also positive.
Daily Market Technicals
EUR/USD: Failed At 23.6%, Bears Eye Below March Lows. The pair failed at the 23.6% level to decline strongly and retested the March lows as supp.