Tag Archives: EUR/JPY

EUR/JPY Technical Analysis

(125,80)The EUR/JPY confirmed an important rebound last night that favoured a strong daily closing well above Friday’s top. The move up confirmed a 75% retracement of the previous drop,

Daily Market Technicals

EUR/USD: Daily Studies Bearish But Monthly Studies Bullish. The pair is testing the 21-DMA as res, it forms initial res with other MAs at $1.3416 to $1.3459 and

EUR/JPY Technical Analysis

(124,90)EUR/YEN already confirmed a retest of the 125,40 level. Almost confirming a 50% retracement of the previous sell off.

FX Technical Volume Strategy: EUR/JPY strong volume supports trend

– On Friday, FX volumes were the 11th highest seen in the past 12 months. – NZD and JPY topped the list of rankings by volume and USD/CAD had the highest volume above its one week average as a result of its move above parity.

EUR/JPY Technical Analysis

(123,97) The EUR/JPY confirmed a weak daily closing on Friday suggesting that a s/t top could be in place. While below the 200 hours line, now found at 125,22,

Daily Market Technicals

EUR/USD: Potential Weekly Bearish Engulfing, Weekly Studies Bearish. The pair holds below the former 38.2% of $1.2877-1.3711, now initial res at $1.3392.

FX Daily Crosses

Today’s highlights: – EURGBP: Bearish reversal signals that .8718/9 is set to continue to cap. We still target .8364 interim chart support. Below sees the 38.2% retracement at .8337.

EUR/JPY Technical Analysis

(125,04) The EUR/JPY confirmed the previous day’s negative day reversal by a weak closing; a possible closing tonight below 124,50 will confirm a s/t top favouring a deeper correction toward 120,70 with even a possible undershooting to the support line at 118,90!!

Daily Market Technicals

EUR/USD: Potential Weekly Bearish Engulfing, Weekly Studies Bearish. The pair follows daily studies lower to hold just above the 38.2% Fibonacci level of $1.2877-1.3711,

FX Daily Crosses

Today’s highlights: – EURGBP: Correction lower from .8719 retracement resistance continues, with the focus remaining through .8553/.8517 support, to .8364.

EUR/JPY Technical Analysis

(126,77) The EUR/JPY formed a new negative day reversal but only a daily closing below 125,90 will confirm a s/t top favouring a deeper correction suggesting a retest of the 124 area!!

Daily Market Technicals

EUR/USD: Bears Look To Close Below 23.6% & Eye 38.2% At $1.3392. The pair slips below the Jan 10 support line, now initial resistance at $1.3533 with the 5-DMA at $1.3555.