Tag Archives: EUR/JPY
FX Daily Strategist: US
– Draghi delivers, EURUSD to continue its march towards 1.2800 It is clear from the market reaction following the ECB meeting yesterday that the outcome has presently surprised, even though . Stocks are continuing to trade higher (financials still outperforming), Spanish 10Y bonds have continued to rally (30bps following from 40bps yesterday).
FX Technical Volume Strategy: Upside extension signalled in EUR/JPY
– Volumes returned to median levels for the past year on Thursday, matching the highs of 2 August. – EUR/JPY closed above range highs yesterday, with a marked increase in volume confirming investor appetite for the move higher.
FX Techs
At a glance: Cling together, swing together The European sovereign debt crisis opened a new chapter yesterday with the ECB’s decision to launch an unlimited bond buying program.
FX Market Technical Research
EUR/USD: Approaching One-Year Resistance Line. The pair is approaching a resistance line from Aug 29 2011, which is valued at $1.2663 and declining 7 pips/day.
Technical Analysis
Eventful day(s) ahead. The common ccy resilient going into ECB with EURUSD looking set for yet another correctinal high, 1.2675? 1.2748?, EURJPY buyers at the low end of range threatens the upper boundary, EURGBP also failed to move lower,
FX Market Technical Research
EUR/USD: Approaching One-Year Resistance Line. The pair is approaching a resistance line from Aug 29 2011, which is valued at $1.2670 and declining 7 pips/day.
FX Daily Strategist: Europe
– Favouring long EURUSD ahead of Thursday’s ECB meeting and Friday’s US employment report The rebound of the USD and pullback in the EUR is a reflection of investors remaining on the sidelines ahead of Thursday’s ECB meeting and Friday’s US payroll report in our view.
Technical Analysis
It seems that the euro is flipping back into a defensive position, at least against the dollar, yen & pound – but not so against the krona with TCW breaking higher ground and EURSEK marching into a 8.45-8.50 test…
FX Market Technical Research
EUR/USD: Approaching One-Year Resistance Line. Euro-dollar is approaching a resistance line from Aug 29 2011, which is valued at $1.2677 and declining 7 pips/day.
FX Daily Strategist: Europe
– Long EUR beyond any short-term disappointment from ECB Sep 6 Markets traded in positive territory yesterday in Europe in an otherwise quiet session on anticipation of the ECB meeting on Thursday.
FX Daily Crosses
Today’s highlights: – EUR/GBP: The spotlight remains on the .7950/64 barrier and while below here the medium-term downtrend remains intact. – EUR/JPY: While trend support at 97.65 holds, recovery risks to 100.00/01 remain intact.
FX Market Technical Research
EUR/USD: Testing 100-Day Moving Average. The pair is testing the 100-day moving average at $1.2578, which is a declining measure.