Tag Archives: EUR/JPY

Daily Market Technicals

EUR/USD: Bullish Engulfing Candle Pattern Encourages Bulls. The pair follow daily studies higher and breaks above former initial res to challenge the Feb 1 res line and 100-DMA,

EUR/JPY Technical Analysis

(124,85) The EUR/JPY confirmed an important extension of the corrective (?) move up already testing the 125 area where we expect some resistance at least until the employment figures today!

FX Daily Crosses

Today’s highlights: – EURGBP: Rebounding back to .8685./8724 resistance zone. Whilst capped by this resistance zone, the bias remains broadly lower for an eventual break through .8571/6 to .8442/11.

Technical Alert

The dollar rise gained traction yesterday and especially so vis-a-vis the emerging market bloc. USD/SEK & NOK also showing bullish signs with key day reversals yday.

Daily Market Technicals

EUR/USD: Holds Above $1.2965, Slight Positive Divergence On 10-Day Mom. The pair manages to hold just above key initial support, seen around $1.2965/67,

EUR/JPY Technical Analysis

(122,04) The EUR/JPY confirmed another session of consolidation yesterday remaining interior Friday range as well as interior the larger inside day with 118,60 – 125,50 still the levels to follow in the coming hours/ sessions.

FX Daily Crosses

Today’s highlights: – EURGBP: Market defends .8571/6 support initially, however, whilst capped by the .8685/.8724 resistance zone, the focus looks set to continue lower broadly for .8442/11.

Daily Market Technicals

EUR/USD: Daily Studies Firming But 21 & 55-DMAs Bear Cross. The pair recovers some ground just above the March low of $1.2967 while daily studies appear to be turning higher,

EUR/JPY Technical Analysis

(121,75) The EUR/JPY confirmed another session of consolidation yesterday remaining interior Friday range as well as interior the larger inside day with 118,60 – 125,50 still the levels to follow in the coming hours/ sessions.

FX Daily Crosses

Today’s highlights: – EURGBP: Resistance at .8685 continues to cap the market, with the focus remaining on support at .8571. A break below here is expected, with risk down to .8442/11.

Daily FX Technical Strategy: Slipping CHF

The Dow Jones Transportation Average posted an all-time high, resuming the uptrend that began in Q4 12. While this suggests near-term upside,

Technical Alert

EURUSD looks a tad more balanced and this could tilt the near-term setup into a correctional prone market – then with an eye on refs at 1.3043\59, 1.3102 & 1.3163.