Tag Archives: EUR/JPY
FX Market Technical Research
EUR/USD: Focus on Fibonacci Level, 21-DMA. The daily stochastic study forms a bear-cross, while 10-day momentum is flirting with the zero line, keeping bear’s attention on the 21-DMA, which rises to $1.2274.
FX Daily Crosses
Today’s highlights: * EURGBP: The break of trend support now at .7955 keeps the bias lower to .7790 ahead of .7755/40. * EURJPY: The focus turns to trend support at 95.90. Capitulation through here would see bearish forces mount for 94.92 ahead of 94.11.
FX Daily Strategist: Europe
* Politicians could slow pace of EUR recovery Multi month we like EUR lower on the crosses too (EURAUD,EURGBP, EURJPY) given declining yield advantage but believe that on a 4-6 week view, the EUR could be prone to upside risks.
FX Market Technical Research
EUR/USD: Tests 21-Day Moving Average. The pair tested Fibonacci level at $1.2445 before pulling back. The daily stochastic study now threatens turning lower from close to overbought territory, while 10-day momentum is flirting with the zero line.
FX Market Technical Research
EUR/USD: Tests 21-Day Moving Average. The pair tested Fibonacci level at $1.2445 before pulling back. The daily stochastic study remains firm, but 10-day momentum is declining and forming a bear-cross as the euro faces the 21-day moving average at $1.2266.
Americas FX Daily
Australia data help EUR-funded risk trade What happened overnight * Australia jobs data better than expected; NZ worse * China growth data weak but inflation leaves room for easing * BOJ and BOK leave policy unchanged
FX Daily Crosses
Today’s highlights: * EURGBP: Coiling sideways ahead of the 55-day average placed at .7969. A break above here sees risk up to .8013.
Technical Analysis
€ & other corrections running out of steam… EUR/USD Encouraging doji candle… USD/CAD A possible bullish setup… EUR/JPY Eyeing the mid body point… EUR/SEK Sellers close to the 8.38 res… USD/SEK An area worth watching… EUR/NOK Watching the mid body point… USD/PLN In the primary target zone.
FX Market Technical Research
EUR/USD: Tests Fibonacci Level. The euro tested Fibonacci level at $1.2445 before pulling back within the Bollinger band. The daily studies are firm, but further Fibonacci resistance stands at $1.2478 and $1.2539, while the 5 & 21-DMAs turn support at $1.2319 and $1.2253.
Technical Analysis
Extended corrections… EUR/USD 2nd attempt to form a peak… USD INDEX Spiking below the band?… EUR/JPY Ending another correction… EUR/SEK Easing the “stretch”… EUR/NOK Double low?… NOK/SEK Hovering above the line… EUR/PLN Broke to a fresh yearly low.
FX Market Technical Research
EUR/USD: Pressuring Bollinger Band, Fibonacci Level. The euro is back testing the top of the Bollinger band as bulls also face Fibonacci resistance at $1.2445 and $1.2478. The 5 & 21-DMAs turn support at $1.2245/95.
FX Market Technical Research
EUR/USD: Mixed Daily Studies. The pair is back under the 21 and 5-day moving averages of $1.2230/34 as the daily stochastic study turns weaker but 10-day momentum attempts to recover the zero line.