Tag Archives: EUR/JPY
Behavioral Finance: Daily Forex Outlook: ECB watchers have policy reversals in their sights
EUR USD (1.2135) The euro started to rise yesterday after reports suggested the ECB’s Nowotny was in favour of giving the ESM a banking license. These reports need to be treated with some caution, however.
Technical Analysis
A second possibly bullish EURUSD candle in three days, is this the first step towards a (correctional) recovery? Well, extension through 1.2224 would open up for at least 1.2325\34 before down again.
FX Market Technical Research
EUR/USD: Daily Studies Attempt Recovery. The pair holds close to the 5-DMA and 50% of it’s post-launch range, which combine at $1.2135.
Behavioral Finance: Daily Forex Outlook: Few solutions for the growth problem
EUR USD (1.2075) The eurozone seemingly re-entered full crisis mode this week. Investor concerns centre not only on the rising debt costs for Spain.
Daily FX Technical Strategy – One down, more to follow?
As yields in Italy and Spain start to rise sharply the spotlight appears to be shifting onto classical “risk” indicators. Yesterday NZD/USD completed a Head and Shoulders top and over the rest of the week we are watching to see whether other indicators like the AUD/USD and S&P500 follow the NZD’s lead.
Technical Analysis
Risk is off and the dollar and US bonds enjoy a safe heaven bid on behalf of the euro and EuroStoxx which are again punished in this environment… EURUSD failed no nail a low and could extend the slide – with the next key hurdle located at 1.1975 in mind…
FX Market Technical Research
EUR/USD: Holds Under 50% of Range. The pair holds below 50% of it’s post-launch range, at $1.2135, which may now offer some resistance.
Global Technical Watch – Quick Charts
The initial bearish signs, such as the Reversal Day in AUD/JPY we noted earlier this week, are snowballing. Further JPY gains are likely across the board, especially as US 10y yields threaten trendline resistance near 1.36%.
Behavioral Finance: Daily Forex Outlook: Psychological warning signs
EUR USD (1.2130) Monday was a day of warnings for the eurozone and for eurozone investors. The first ‘red-light’ came from the market itself, namely the continued spike in Spanish sovereign yields beyond the level of 7.5 percent.
Daily FX Technical Strategy: A shot across the bows
The move in Spanish yields yesterday was a shot across the bows for Risk. While the prospect of contagion within the eurozone has risen with 10y Italian yields gapping higher out of range, yields outside Spain have not yet reached levels where the rise becomes self sustaining.
FX Market Technical Research
EUR/USD: Holds Under 50% of Range. The EUR holds below 50% of it’s post-launch range, at $1.2135, which may now offer some resistance.
Behavioral Finance: Daily Forex Outlook: Euro: the illusion of resilience
EUR USD (1.2115) Although developments in the eurozone debt crisis had become increasingly worrying throughout last week, market commentators could not help but notice the euro’s resilience.