Tag Archives: EUR/JPY

FX Trends daily (FOCUS : EUR/JPY)

EUR/JPY The EUR/JPY has bounced on a support at 116,45 (medium term support) and a break above an ontraday resistance at 118,26/42 would confir this rebound and

Daily FX Technical Strategy – Pounding GBP

UK 10-year yields closed at their lowest level so far this year and confirmed a small reversal pattern. Relative outperformance of UK bonds is helping to keep GBP under pressure.

EUR/JPY Technical Analysis

(117,84) The EUR/JPY confirmed another weak closing suggesting we have a top in place at 120,16.

Daily Market Technicals

EUR/USD: Holds Above 23.6% Level, Bulls Eye Jan 14 High At $1.3404. The pair struggles to maintain a break below the 23.6% of $1.2877-1.3404, former initial support at $1.3280,

FX Daily Crosses

Today’s highlights: – EURGBP: Reversal lower from .8328 continues with risk to pivot support at .8228 and potentially then .8213 trend line support.

Global Technical Watch – Respite for the JPY

Momentum warnings suggest a temporary respite in the recent trend of JPY weakness. In the near term, the risks of a deeper EUR/JPY pullback are increasing.

Technical Alert

The euro is still on the back foot and the yen is healing the hurts, at least some of it… EURUSD looks staged to recheck a short-term Fibo retracement grid below, starting at 1.3250.

Daily Market Technicals

EUR/USD: Bearish Engulfing Candle As Studies Weaken. The pair leaves a bearish engulfing candle and slips from its Jan 14 high of $1.3404 to hold above the 23.6% of $1.2877-1.3404,

EUR/JPY Technical Analysis

(117,07) The EUR/JPY confirmed as well a weak closing below the low of the previous session; a daily closing tonight below 117,60, and we are already well below this level,

FX Daily Crosses

Today’s highlights: – EURGBP: Resistance holds at .8328/46. We see corrective risk lower to breakout/trendline support at .8228/13.

Technical Alert

The euro looks stretched against many of its peers and it wouldn’t be overly surprising to see it starting to give back some…

Daily Market Technicals

EUR/USD: No New High However Studies Still Bullish. The pair fails to make a new high after rising to $1.3404, our initial resistance level.