Tag Archives: EUR/JPY
FX Daily Crosses
Today’s highlights: – EURGBP: Market remains capped by .8686 resistance and we continue to expect a decline back to range support at .8442. Below here targets .8364/50.
FX Daily Strategist: Europe
– EUR consolidation to continue EURUSD has seen a moderate bounce after touching a low of 1.3315, while EURJPY has been under some pressure, dipping below 124.00.
Daily Market Technicals
EUR/USD: Daily Studies Bearish, Weekly Studies Turn Lower. The pair sinks further after posting a doji with a long upper shadow on Weds,
EUR/JPY Technical Analysis
(123,50) The EUR/JPY confirmed a weak closing last night testing already the 123,40 key level; a daily closing below this support will further and more important weakness toward 121,00.
FX Daily Crosses
Today’s highlights: – EURGBP: Resistance found at .8686, importantly ahead of the .8718/9 hurdles. We still expect the market to reverse lower to target .8442 chart support once again.
Daily Market Technicals
EUR/USD: Long Upper Shadow Cautions Bulls. The pair struggled higher but ended slightly down on the day, leaving a long upper shadow which adds caution to the upside.
EUR/JPY Technical Analysis
(125,75)The EUR/JPY confirmed a negative closing but it failed to confirm the previous day’s negative day reversal.
FX Daily Crosses
Today’s highlights: – EURGBP: Rebound back challenging topping trendline resistance at .8632. We expect a reversal lower from the upper end of this current range and for a decline lower to .8364/50.
EUR/JPY Technical Analysis
(125,83) The EUR/JPY formed a negative day reversal after a retest of the 127 level; a daily closing tonight below 125,00 will confirm lower level suggesting a possible break below the previous low at 123,40!!
Daily Market Technicals
EUR/USD: Bulls Look To Hold Above 21-DMA At $1.3438. The pair rises above the 5 and 21-DMAs, now initial support at $1.3414/38,
FX Daily Crosses
Today’s highlights: – EURGBP: Rebound higher from support found at .8442 turns the focus higher for .8642 trendline resistance, which is expected to cap the market. We continue to target .8364.
Daily FX Technical Strategy – Persistent JPY weakness moves the goalpost
JPY weakness shows no signs of slowing and across a number of crosses we find initial targets for the year either being broken or approached early this week.