Tag Archives: EUR/JPY
FX Market Technical Research
EUR/USD: Focus Turns To 23.6% Fibo And July Support Line. The pair looks to correct further, focus on the 23.6% Retracement support level at $1.2906, as daily tech studies turn bearish.
FX Daily Crosses
Today’s highlights: – EUR/GBP: In corrective mode but expected to be short-lived, and supported by .8098/90. We remain buyers on dips for through .8166 to .8221 and then .8263.
FX Market Technical Research
EUR/USD: Finds Support From 21-Day Moving Average. The pair moved below the former Sep 17 resistance line and bounced from support around the 21-DMA, now initial support at $1.2966.
Daily FX Technical Strategy: Aussie offered
While US equities showed signs of stability on Monday, closing marginally higher on the day, hard assets such as base metals continue to lose ground.
Technical Analysis
The euro looks a bit healthier this morning with gains scored against dollar, yen, pound, the kronas and the CEE3s…
FX Market Technical Research
EUR/USD: Moving Sideways After Dark-Cloud Cover Pattern. The pair ranges between the May 1 trend-line and the former Sep 17 resistance line as we wait to see in which direction a new trend will emerge.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Consolidating ahead of the .8157 chart resistance hurdle. We remain bullish going into this week, with risk through .8157 to .8263.
Daily FX Technical Strategy: The sun shines for USD/JPY as clouds break
On Friday risk took a step back as base metals markets fell sharply and US equity markets dipped. Despite this decline, it is far from certain that the move is sustainable, given the recent ranging environment.
FX Market Technical Research
EUR/USD: Former Sept 17 Resistance Line As Support. The pair finds support from the former Sept 17 resistance line while daily tech studies tick higher.
Global Technical Watch – Steady improvement
Peripheral European fixed income markets continue to show signs of strength, helping EUR crosses hold on to their recent gains. Although EUR/JPY posted a small sign of temporary stalling, USD/JPY is maintaining ground gained above its daily cloud.
Technical Analysis
EUR/USD & EURJPY slightly lower, backing off their respective trend lines. Especially the EURJPY move looks encouraging and even more so if ending today in negative territory,
FX Market Technical Research
EUR/USD: Focus Remains On May 1 Resistance Line. The pair posted a dark candle yesterday, with the possibility of becoming a dark cloud cover pattern, depending on confirmation today.