Tag Archives: EUR/JPY
FX Market Technical Research
EUR/USD: Breaks Under 50% of Range. The EUR breaks below 50% of it’s post-launch range, at $1.2135, which may now offer some resistance, as 10-day momentum weakens.
Behavioral Finance: Daily Forex Outlook: The highest hurdle for Fed QE3
EUR USD (1.2260) A collection of disappointing US data releases caused the dollar to weaken moderately yesterday. The headliner was the Philly Fed survey, which was not only belowconsensus, but also recorded its third consecutive negative reading.
FX Market Technical Research
EUR/USD: Recovery in Daily Studies. The EUR still sees a recovery in the daily stochastic study. However, bulls need to recover the 21-DMA of $1.2390 to re-establish themselves.
Behavioral Finance: Daily Forex Outlook: ‘Fiscal cliff’ is Bernanke’s definition of deterioration
EUR USD (1.2290) The impact of the looming ‘fiscal cliff’ in the US has been a common theme of market discussions in recent weeks. That the expiration of the Bush-era would be a drag on an already weak economy is clear; many observers fear an outright recession.
FX Market Technical Research
EUR/USD: Recovery in Daily Studies. The pair holds atop the 5-day moving average at $1.2275, amid a recovery in the daily stochastic study.
Behavioral Finance: Daily Forex Outlook: Bernanke has something for everybody
EUR USD (1.2280) Yesterday’s Bernanke testimony seemed to have been sufficiently general for all Fed-watchers to read what they wanted into it.
FX Market Technical Research
EUR/USD: Signs of Recovery in Daily Stochastic Study. The EUR recovers the 5-DMA, which turns initial support at $1.2260, amid some early signs of a potential recovery in the daily stochastic study.
Behavioral Finance: Daily Forex Outlook: Burden shared between the present and the future
EUR USD (1.2290) The USD-index is pursuing its retreat from last week’s year-high. The correction resumed yesterday after the publication of disappointing US retail sales data.
Behavioral Finance: Daily Forex Outlook: BoE unblocks the credit plumbing
EUR USD (1.2240) On Friday, the USD-index retreated smartly from the year-high achieved one day earlier. Indeed, in the space of just one hour it covered the entire ground from the day’s high to the day’s low – and this without any obvious catalyst.
FX Market Technical Research
EUR/USD: Recovers 5-DMA, But Studies Remain Weak. The EUR recovers the 5-day moving average, which turns initial support at $1.2230, but studies remain weak and bulls need to recover the 21-DMA to re-establish themselves.
FX Market Technical Research
EUR/USD: Studies Remain Weak. The EUR is still under pressure amid weak daily studies and trade remains within the falling Bollinger band of $1.2145, allowing more room for bears to extend the $1.2168 low.
Behavioral Finance: Daily Forex Outlook: Fed looks less dovish against the new backdrop
EUR USD (1.2235) Market disappointment at the Fed minutes has to be evaluated against the changed backdrop where other central banks namely the ECB and BoE, as well as several Asian monetary authorities have engaged in easing since the Fed meeting.