Tag Archives: EUR/JPY

FX Daily Majors

Today’s highlights: DXY $ Index above 86.10 should reassert the uptrend for

EUR/USD declined sharply yesterday. Thebreak of the support at 1.2614 calls for a test ofthe recent lows at 1.2501.

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

Today’s highlights: DXY $ Index below 86.10 maintains the threat of further weakness.

EUR/USD has breached the hourly resistance at1.2743, suggesting some increase in buyinginterest.

EURUSD: Even though our call yesterday for a potentially completedupward correction was proven wrong we continue to

Despite the lack of follow through on the break above $1.2742 bulls will retain the upper hand while the 21-DMA supports.

Today’s highlights: DXY $ Index risk is only seen turning bullish again back above 86.00/10.

EUR/USD is grinding higher towards the hourlyresistance at 1.2743. A break of this level isneeded to

The significance of the $1.2605 support was confirmed last week with the EUR/USD having found support around

EUR/USD needs to break the hourly resistanceat 1.2743 to alleviate concerns of a quick declinetowards the key support at 1.2501.

Today’s highlights: EURUSD has bounced at price support at 1.2605.