Tag Archives: EUR/JPY
Daily FX Technical Strategy: USD double take
The trend to sell the dollar stopped last week and on Friday we saw the first signs of USD demand in two markets where recently it was particularly weak;
Technical Analysis
USD and JPY recovering further with more signs of strength in the pipe. EURUSD Friday’s rejected attempt higher indicates that we soon will see an attack at the low end of the 233d ma band, a level that EURJPY managed to end below on Friday (hence remaining a preferred selling canditate)
FX Market Technical Research
EUR/USD: Remains Heavy, Stops Below Initial Support. The Sept 19 highs remain key resistance with immediate focus remaining on retests of the 200-DMA until a close above is seen.
Technical Analysis
EUR/USD 233d ma band revisited… EUR/JPY More indications of a top… AUD/USD Not behaving as expected… EUR/SEK Down at support… USD/SEK Exploring the lows… EUR/NOK Spiked below 7.4250… NOK/SEK Deeper into support.
FX Market Technical Research
EUR/USD: Daily Slow Stochastic, RSI, Momentum and DMIA studies continue to correct from lofty overbought levels as the pair makes its way back to the 200-DMA.
FX Market Technical Research
EUR/USD: Break Of Initial Support Favoured. The EUR/USD remains heavy as daily tech studies unwind their very overbought condition with the pair looking like retesting the Sept 14 lows.
FX Market Technical Research
EUR/USD: Tech Studies And Trend Line Capping. It appears as though a combination of the long term falling trend line capping and now correcting very overbought daily RSI, Slow Stochastic, Momentum and DMIA studies are weighing on the pair and could see a push back towards the 200-DMA.
Technical Analysis
EURUSD is allowed to pause the otherwise paced move higher. Levels at 1.3060 or possibly even 1.2975 could be rechecked… EURJPY has rushed higher, but also a touch too fast.
FX Market Technical Research
EUR/USD. Although marginally managing fresh 4 month highs to start the week the EUR/USD remains capped by the long term falling daily trend line off 2011 highs from May 4 coming in around $1.3180.
Technical Analysis
Only limited moves since Friday close. Perhaps time to catch the breath after the past two weeks returning risk appetite.
FX Market Technical Research
EUR/USD: Long Term Falling Trend Line Capping. The move towards 2012 highs continues with EUR/USD pausing ahead of the long term falling daily trend line off 2011 highs from May 4 coming in around $1.3180 to start the week.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Our bias stays higher through neckline resistance at .8050 to test the .8096 barrier next. We expect major resistance at .8126/57 to provide a ceiling.