Tag Archives: EUR/JPY

Daily Market Technicals

EUR/USD continues to hesitate marginally above the recent 2014 and 2 year lows set Monday with bulls now

Today’s highlights: USDCAD above 1.1386 keeps the trend bullish for 1.1506 next,

EUR/USD has broken the hourly resistance at1.2544 (intraday high), suggesting a temporarypickup in buying interest.

EUR/USD is possibly testing resistance near 1.26 before down again…

After having made fresh 2014 and 2 year lows Monday bulls are taking some comfort in the lack of follow

EUR/USD has moved below the key support at1.2501, confirming persistent selling pressures.

Fresh 2014 and 2 year lows reconfirmed bearish pressure last week with overall focus currently on the $1.2042 2012 low.

EUR/USD: Momentum pro-decline. Some pressure on 1.25 level possible, but immediate breakthrough does not seem likely.

Fresh 2014 and 2 year lows reconfirmed bearish pressure last week with overall focus having shifted to the $1.2042 2012 low.

EUR/USD is approaching the key support at1.2501.

Today’s highlights: USDJPY has surged higher and stays bullish for 111.60

Time spent above the 21-DMA was brief with the sharp reversal lower reconfirming bearish pressure and