Tag Archives: EUR/JPY
Daily Market Technicals
EUR/USD: Studies Stretched/Neutral As Boll Bands Widen. The pair broke above the daily Bollinger band top, yesterday, but now trades back within. Daily tech studies suggest the pair is overbought,
FX Daily Crosses
Today’s highlights: – EUR/GBP: Advance continues higher for key neckline resistance at .8166. A break through here is eventually expected allowing for an advance higher to .8221 and then .8263.
Daily Market Fundamental Levels
EUR/USD: $1.3100 Strong offers on approach/Option barrier $1.3075 Option barrier
Technical Analysis
The common ccy, equities, commodities and bonds all ended last week on a positive footing so we’re entering the current one with risk appetite on.
Daily Market Technicals
EUR/USD: Approaching Fibonacci Resistance At $1.3052. Break above $1.3027 Fibonacci level, 76.4% of $1.3140-$1.2662 now favours move to $1.3052, which is the 76.4% of $1.3172-$1.2662move and $1.3058, as current level of Bollinger band top.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Lacklustre prod above .8114 prior resistance. The focus remains broadly higher for a test of the .8166 key neckline resistance hurdle. Above here sees .8221/63.
Daily Market Fundamental Levels
EUR/USD: $1.3075 Tech $1.3070 Strong offers (German corporate mentioned)
Technical Analysis
Risk appetite remain firm (equities, bonds and commodities all doing fine). Multiple signs of a possible EURUSD & EURJPY peak coming hours/day, SEK & NOK continued and will continue to weaken.
Daily Market Technicals
EUR/USD: Need Confirmation Of Close Above May 2011 Trend Line. Bulls are still attempting another break above the long-term resistance line from May 2011, but need to see confirmation with a close above this line.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Approaching .8114 initial resistance. We expect the upward trend to continue higher through here to challenge neckline resistance at .8166.
Daily Market Technicals
EUR/USD: M/T Outlook Bearish Whilst Below 19-Mth Res Line. The recovery back above the 55-day moving average and subsequent hammer candlestick is seen as as red-herring and m/t risks still seen to the downside whilst below the long-term resistance line from May 2011.
Technical Analysis
Big intra range swings….EURUSD bearish key day reversal Tuesday followed by a long lower spike yesterday questioning the reversal candle,