Tag Archives: EUR/JPY

FX Daily Strategist: Europe

– Earlier BoJ transition spells a weaker JPY USDJPY uptrend remains strong and the pair reached a high of 94.07.

Daily FX Technical Strategy – AUD dragged down under

While the JPY continues to slip lower and bounces are faded once again, given the moves on the cross rates, the latest candidate to be dragged lower is the AUD.

Technical Alert

EURUSD is back in a no-mans land. Firmly outside 1.3502-1.3598 is needed to show a directional tilt… EURJPY may test, but not easily break 127.95…

EUR/JPY Technical Analysis

(127,20) The EUR/JPY failed to confirm a deeper correction turning instead higher forming a positive outside day with now 127,35 – 123,90 the levels to follow in the coming hours.

Daily Market Technicals

EUR/USD: Bears Eye Jan 10 Supp Line, Daily Studies Firm. The pair pullback eased after the pair rebounded to close above the Jan 10 support line,

FX Daily Crosses

Today’s highlights: – EURGBP: Emphatic rejection of the .8719 long-term 50% retracement. We expect further weakness back through .8517 to .8364 support after the trendline break.

EUR/JPY Technical Analysis

(125,80) EUR/YEN is confirming a nice rebound after the test of the 124,00 area. On the way down the cross formed bullish divergences suggesting a possible change of the tone to negative.

Daily FX Technical Strategy – Euro corrects after sharp falls in European equity markets

The rosy start to the year for risk had to end sometime and yesterday it was pegged back by a sharp sell-off in European equity markets.

Technical Alert

The euro is giving more back… EURUSD towards the low-1.34s seems increasingly likely – so far as a reaction to a prior stretch. Let’s see how this develops…

Daily Market Technicals

EUR/USD: Studies Bullish As Eur-Dol Squeezes Higher. The pair follows the long upper shadow with a bearish engulfing candle,

EUR/JPY Technical Analysis

(124,42) The EUR/JPY confirmed a firm correction while remaining however still interior Friday’s rang forming a new inside day with 127,10 – 124,30 the levels to follow in the coming hours.

FX Daily Crosses

Today’s highlights: – EURGBP: Aggressive rally brings the market through the long-term downward trendline spanning from the 2008 high of .9803 to test the .8719 50% retrace. We expect this to cap.