Tag Archives: EUR/JPY
Daily Market Technicals
EUR/USD: Back Below 200-Day Moving Average. The pair is back below the 200-day moving average and more importantly trades below the 21-day moving average and 1-month resistance line at $1.2836/52, respectively.
Daily Market Fundamental Levels
EUR/USD: $1.2850 Strong offers ($1.2846 – 21 dma) $1.2825/30 ($1.2827 – 6 Nov prev high)
Daily Market Technicals
EUR/USD: Outlook Remains Bearish Whilst Below 200-DMA. The pair suffered a minor break below $1.2695 intra-day Fibonacci level — 76.4% of $1.2662 to $1.2802 and decisive break is seen extending downside to the 21-week moving average at $1.2658 and $1.2633/48, where latter is the 100-day moving average.
Daily Market Fundamental Levels
EUR/USD: $1.2850 Strong offers $1.2825/30 ($1.2827 – 6 Nov prev high)
FX Daily Crosses
Today’s highlights: EUR/GBP: Failure ahead of .8078 at .8067 sees the market reverse lower again. A break below .8000 support however would see risk back to .7961/60. Through here sees .7923/12.
Daily Market Technicals
EUR/USD: Outlook Remains Bearish Whilst Below 200-DMA. Outlook remains bearish whilst below the 200-day moving average, which is today valued at $1.2810.
Global Technical Watch – JPY weakness dominates activity
JPY weakness continues to dominate trading into the end of the week. Important levels are being tested and we are monitoring the weekly cloud top in USD/JPY at 80.82, as a close above here would signal further material weakness for JPY in the weeks ahead.
Technical Analysis
EURUSD was allowed to sneak a bit higher, but is for now stuck at resistance around 1.28, but over it would also allow for 1.2840 – 1.2773\95 before down…
Technical Analysis
Yen is notably weaker at the same time as S&P500 is accelerating lower, so little bit of a mixed picture there it seems… EURUSD is doing less, but could still extend the ongoing near-term correction somewhat higher (to test the 1.28-handle)…
Global Technical Watch – Risk relapse and profit taking
Risk assets came under pressure yesterday. US equities broke down through recent range lows and hard assets such as copper and aluminium posted bearish days, with the “shooting star” in aluminium suggesting a top.
Daily Market Technicals
EUR/USD: Bulls Break Above 38.2% Resistance. The pair broke above the 38.2% retracement of the Jul/Sep rally at $1.2741, however selling pressure forced the pair back below.