Tag Archives: EUR/JPY
FX Daily Strategist: Europe
* Weak China data set market tone, although light volumes keep price action limited The combination of a light data calendar and a UK holiday kept volumes light and FX markets directionless. However, the main focus for FX markets has been on China.
Technical Analysis
Aussie is down under, scandies fare better… EUR/USD Set to test mid-1.24 support… EUR/JPY Bullish flag or a top forming… AUD/USD Testing sort-term key support… EUR/SEK Gunning for the 8.2020 low…
FX Market Technical Research
EUR/USD: The pair holds above the former 61.8% retracement level, which had capped at $1.2444, with this level now turning support.
FX Market Technical Research
EUR/USD: Back Within Bollinger Band. The pair holds above the former 61.8% retracement level, which had capped at $1.2444, with this level now turning support.
FX Daily Crosses
Today’s highlights: * EUR/GBP: We look for renewed selling to emerge at .7930/64 and for the downtrend to resume from here. * EUR/JPY: Prices continue to coil sideways, but while 97.73/72 minimally holds recovery risk remain to 100.00/01 ahead of 100.72, where we would expect renewed selling.
FX Market Technical Research
EUR/USD: Still Testing Bollinger Band. The pair has made a significant break above the 61.8% retracement level, which had capped at $1.2444 and now turns resistance.
FX Daily Crosses
Today’s highlights: * EUR/GBP: The corrective bounce continues, but we still expect .7930/64 to cap to maintain the medium-term downtrend. * EUR/JPY: A break of 97.73/72 is needed to ease further recovery strength to 100.00/01, ahead of 100.72 where we would expect renewed selling.
FX Market Technical Research
EUR/USD: Pushing Out of Bollinger Band. EUR/USD has made a significant break above the 61.8% retracement level and also the June resistance line as daily studies turn higher.
FX Daily Crosses
Today’s highlights: * EUR/GBP: The recovery bounce has extended, but we look for .7934/64 to cap to maintain the medium-term downtrend. * EUR/JPY: The push above 98.77 keeps the immediate risks higher to 100.72 where we would expect renewed selling.
FX Market Technical Research
EUR/USD: Breaks Above Fibonacci Level. Euro has broken above 61.8% retracement level at $1.2445 and now tests a resistance line at $1.2489.
FX Daily Strategist: US
Sentiment recovers as expectations of ECB response persist; USD hurt A more risk positive tone has come through today with european equities higher with financials outperforming, the catalysts being good Spain bill auctions (much lower yields) and a UK Telegraph story putting more weight behind yesterday’s story the ECB was looking to target peripheral […]
FX Daily Crosses
Today’s highlights: * EURGBP: A choppy sideways range continues to dominate nearterm, but and we remain biased for a test of .7790 ahead of .7755/40.