Tag Archives: EUR/JPY
Asia FX Analysis
The USD was held to narrow ranges through the Asian morning Thursday, while risk-sensitive assets also remained sidelined as worries continued about Greece’s debt bailout plan and the U.S. fiscal cliff situation.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Correcting back to throwback support at .8059. Whilst above trend support at .8027, however, the bias remains higher through .8114 to 8.166 and then .8221/63.
Technical Analysis
EUR/SEK traded distinctively higher yesterday and should test should test 8.6850 in the process. 8.63 should be supportive now…
Daily Market Technicals
EUR/USD: Bearish Key-Day Reversal – Risks Skewed Lower. Bearish key-day reversal pattern seen yesterday and inability to break above daily Bollinger band top (despite minor break above long-term resistance line from May 2011) – leaves risks skewed lower.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Consolidating after recent neckline break and push above the 200-day average at .8074. We see risk higher to long-term resistance at .8166. Above here signals a larger base, with risk up to .8221/63.
Daily Market Technicals
EUR/USD: Breaks May 2011 Trend Line – Fibo Levels Cap. A minor break above long-term resistance line from May 2011 has been seen at $1.3000,
FX Daily Crosses
Today’s highlights: – EUR/GBP: Consolidating after recent neckline break and push above the 200-day average at .8074. We see risk higher to long-term resistance at .8166.
Daily Market Fundamental Levels
EUR/USD: $1.3020/25 Strong offers/Stops, also buy entry triggers $1.3000 Strong offers on approach/Option barrier/Stops
Daily FX Technical Strategy – EUR/USD short squeeze threatens trendline resistance
The market was short and caught EUR/USD last week, causing an impressive squeeze and turning attention this week to trendline resistance at 1.3045.
Daily Market Technicals
EUR/USD: Trades Near Upper Boll Band – Studies Bullish. The pair squeezes higher and above the key $1.2917 level, which is the 50.0% of the decline from $1.3172 to $1.2662.