Tag Archives: EUR/JPY
FX Market Technical Research
EUR/USD: Studies Firming, Continue To Note Golden-Cross. We continue to note the golden-cross of the 55-DMA and 200-DMA, now initial support alongside the lower Bollinger band and Oct 11 low around $1.2826 to $1.2850.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Decline lower persists, with the market breaking immediate trendline support at .8020. We expect a continuation lower to .7923/12.
Daily FX Technical Strategy: Euro drifting into trouble?
Volumes picked up a touch into the month-end, but support for the euro appeared to evaporate and the post OMT bounce seems to be losing its spring.
Technical Analysis
It’s not overly exciting out there at the moment… EURUSD & EURJPY shows diverging directionals this morning with the former below 1.2945 would target the high-1.28s while the latter over 104.05 & 104.43 would target levels above last month’s high…
FX Market Technical Research
EUR/USD: Golden-Cross Formed, Daily Studies Turn Higher. The pair again holds above the Jul support line, initial support with the 5-DMA at $1.2945.
FX Market Technical Research
EUR/USD: Golden-Cross About To Be Formed. The pair trades back above the former Jul support line after the pair rebounded from the previous two session’s lows.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Rebounding higher from .8000 support. We expect renewed selling interest to weigh on the market at .8100 resistance, with risk skewed lower to .7986 initially.
FX Market Technical Research
EUR/USD: Trades Under Former July Support Line. The pair slips below the July support line to hover around the $1.2900 level, while daily tech studies continue to point lower.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Oscillating around the 38.2% retracement. Some further downside risk is expected to the .7980 channel support level. But we look for this to hold.
FX Market Technical Research
EUR/USD: Bears Eye July Support Line. The pair was turned away from the 21-DMA and also found support from the Jul support line, initial resistance and support, respectively, at $1.2972 and $1.2908.
FX Market Technical Research
EUR/USD: Bears Focus On July Support Line. The pair approaches the Jul support line, now initial support at $1.2895, alongside the 23.6% Fibonacci at $1.2906.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Reversal lower results in a break below .8099/90. We see scope for a bit more weakness, but we look for .8022 chart support to hold, with broader risk still for .8263.