Tag Archives: EUR/JPY
FX Daily Crosses
Today’s highlights: – EURGBP: Resistance zone at .8779/.8800 holds, keeping the risk lower for .8601/.8571, with scope for .8442.
Daily FX Technical Strategy – Gold through the FX monocle
Consecutive weeks of strong selling in gold are symptomatic of a stronger US dollar more than a gauge of risk and liquidity. When plotted in the weaker currencies of 2013,
EUR/JPY Technical Analysis
(124,50) The EUR/JPY confirmed a positive closing on Friday remaining interior the range of the previous day forming a new inside day with 124,85 – 122,15 the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: Back Within Bolli Band, Daily & Weekly Studies Slide. The pair holds just above the former 38.2% of $1.4940-1.2043 at $1.3150,
FX Daily Crosses
Today’s highlights: – EURGBP: Failure at key .8766-.8800 resistance zone points to a decline through .8601/.8571 to challenge .8442/.8390 chart/retracement support zone.
Daily FX Technical Strategy – Fuel for the USD bulls
The bearish EUR/USD readings are catching pace. Although the larger uptrend is still supported, the risk is that broader USD strength can drive this cross lower in range.
Technical Alert
Another eventful day with several milestones passed. In general we are looking for more dollar strength (perhaps excluding JPY & GBP, both looks reaction prone to us).
Daily Market Technicals
EUR/USD: Moves Below Jul 2012 Supp Line, Momentum Negative Divergence. The pair meets support around the 61.8% of $1.2877-1.3711,
EUR/JPY Technical Analysis
(123,25) The EUR/JPY confirmed a weak closing even below 122,90 supporting further weakness with the support line at 121,80 the first attraction.
FX Daily Crosses
Today’s highlights: – EURGBP: Break through .8718/9 resistance sees the market challenge trendline resistance at .8766, and also exposes the .8779/.8800 retracement cluster. We look for this to cap.
Daily Market Technicals
EUR/USD: Falls Through Support, 10-Day Momentum Negative Divergence. The pair sinks further to slip below the 55-DMA and 50.0% Fibonacci of $1.2877-1.3711,
EUR/JPY Technical Analysis
(123,80) The EUR/JPY formed a negative outside day reversal breaking below an important support line at 124,15 suggesting further weakness toward the 120,50 area!