Tag Archives: EUR/JPY
Daily Market Technicals
EUR/USD: Focus On $1.3404 Jan 14 High Key Initial Resistance. The pair managing to hold above initial support, the 23.6% of $1.2877-1.3404 at $1.3280.
FX Daily Crosses
Today’s highlights: – EURGBP: Failing ahead of the .8420 long-term 50% retracement. We expect a correction lower from here back to .8328, with overshoot to .8265 which should hold.
Daily FX Technical Strategy – Pound under pressure
Against a backdrop of EUR short covering, GBP has come under further selling pressure. Moves at the back end of last week saw EUR/GBP accelerate higher through a multi-month channel top and
Daily Market Technicals
EUR/USD: $1.3404 Jan 14 High Caps, Potential Double-Top Pattern. The pair fails to break above the Jan 14 high of $1.3404 as the pair looks like it formed a double-top pattern.
EUR/JPY Technical Analysis
(119,34) The EUR/JPY formed on Friday a small negative day reversal but only a daily closing tonight below 119,35 will confirm a s/t top supporting a deeper correction.
FX Daily Crosses
Today’s highlights: – EURGBP: Strong breakout through .8346 78.6% retracement resistance paves the way for further upside to .8420 and potentially then .8507.
FX Technical Volume Strategy: EUR/NOK activity declines
Volumes surged again yesterday to make a new high for the past twelve months. This was supported by activity in USD, EUR, JPY, AUD and NZD, which were all at the highest level for the past year.
EUR/JPY Technical Analysis
(120,50) The EUR/JPY confirmed a strong closing above the 120,16 level suggesting a direct extension of the move up toward next s/t target at 121,69.
Global Technical Watch – Start-of-year trends resume
The S&P broke to a new high not seen in over five years, triggering a renewed bout of optimism across assets. Copper rebounded from two-month trendline support and even Treasuries sold off ahead of resistance near 1.80%.
Technical Alert
Key stories remains the stronger euro and the weak jpy and gbp. Precious metals made a substantial move higher. EURUSD failed to make the down and up move (became an up only one…) and
Daily Market Technicals
EUR/USD: Trades Just Below Jan 14 High At $1.3404, Studies Bullish. The pair holds just below the Jan 14 high of $1.3404, our key initial resistance level.