Tag Archives: EUR/JPY
EURJPY – focus on break of bull-flag, resistance at 125.75/90
Since hitting our 125.71 target EURJPY has traded around that level and is now in a small countertrend correction. Our next symmetry targets on the upside is 132.08/52;
FX Daily Crosses
Today’s highlights: – EURGBP: Breakout above .8686 exposes the high of .8718 once again. The market would need to breakout above here to expose .8800/33 resistance zone.
Technical Alert
EURUSD did not develop a triangle, but must break 1.3520 to disqualify a bearish wave count in the making…
EUR/JPY Technical Analysis
(125,18) The EUR/JPY failed to confirm another strong closing last night showing a negative one. However, while above 124,50 the cross will remain positive.
Daily Market Technicals
EUR/USD: Pushing Higher While Daily Studies Suggest Bullish Reversal. The pair has popped up above the former short-term Feb 1 res line to trade just below the 21-DMA,
No change from G20: G4 currencies stay weak
As we’d expected, the weekend G20 statement contained no real news. It would certainly have been surprising had it singled out Japan as already pursuing over-aggressive
FX Daily Crosses
Today’s highlights: – EURGBP: Struggling again towards the upper end of the current trading range. We continue to expect the market to remain capped by .8686, with risk towards .8442.
EUR/JPY Technical Analysis
(125,09) The EUR/JPY confirmed a strong closing last night above Friday’s positive day reversal at 125,28! This should already support higher levels but suggest waiting for further confirmations.
Daily Market Technicals
EUR/USD: Stuck Below 38.2%, Daily & Weekly Studies Slide. The pair posted an inside-day on Monday as it languished at the same level,
FX Daily Crosses
Today’s highlights: – EURGBP: Rebounding higher as support at .8571 holds for now. Despite this, we expect upside to be limited to .8686 resistance, with risk still lower for .8442.
EUR/JPY Technical Analysis
(125,35) The EUR/JPY formed a positive day reversal but only a daily closing above 125,28 will confirm a s/t bottom supporting a resumption of the move up.
Daily Market Technicals
EUR/USD: Daily & Weekly Studies Bearish, Bulls Eye Feb 1 Res Line. EUR/USD leaves a doji but also shows a lower high and lower low, encouraging bears while daily studies slide.