Tag Archives: EUR/JPY
FX Daily Crosses
Today’s highlights: – EUR/GBP: Basing efforts continue to unfold, and whilst above .7910/.7893 support zone we expect further upside to .8115 initially.
Daily FX Technical Strategy: AUD look out
At the start of a new quarter, the AUD is taking centre stage. AUD/NZD appears to have completed a huge Head and Shoulders top and conservatively threatens to revisit its 2011 low.
FX Market Technical Research
EUR/USD: Testing 200-Day Moving Average. The pair has so far failed to record a close below the 200-DMA, but bears remain focused on this level, currently at $1.2824.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Still holding above .7910 trendline support as the market continues to develop a base. We expect upside to .8115 initially.
FX Market Technical Research
EUR/USD: Bouncing Towards Hourly Resistance. The bounce back towards the $1.2972 hourly resistance continues after the pair failed to record a close below the 200-DMA earlier in the week and with the previously overbought daily tech studies no longer seen weighing.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Basing efforts unfolding with the defence of .7910 trendline support. We expect an advance from here back to .8115/9 then .8157.
Technical Analysis
With many ccy pairs having arrived at support/resistance points a clear slowdown in activity noted. EURUSD resting at the low end of the 233d ma, EURJPY on its July support line, CABLE ndecisive with false breaks now on both sides, EURSEK still waiting to pass the neckline,
FX Market Technical Research
EUR/USD: 200-DMA Remains Key To Direction. The pair pulled up just short of the 200-DMA overnight and with daily tech studies no longer an issue and the 200-DMA key support, a close below today is need or else EUR/USD risks a bounce back towards the $1.2972 resistance level.
Daily FX Technical Strategy: JPY appreciation continues
Overnight profit taking in US equities saw the S&P move back within its multi-week rising channel. This is keeping US bonds bid, which in turn is providing near-term support for JPY.
FX Market Technical Research
EUR/USD: Continuation Lower Remains Favoured. The slide towards the 200-DMA continues with the pair now having taken out the Sept 13 lows and triggering stops below the $1.2880-90 region.
Global Technical Watch – Quick Charts (Sep 26)
The S&P 500 pulled back into the sessions close yesterday, keeping a bid in US rates markets. While the S&P is still holding above its previous 2012 highs formed in April, the persistent downtrend in US yields is more concerning as 10yr yields approach resistance near 1.62/63%.
FX Market Technical Research
EUR/USD: Daily Tech Studies Correcting Lower. The pair continues to edge closer to the 200-DMA as daily tech studies continue to work off their overbought condition.