Tag Archives: EUR/JPY

Daily Market Technicals

The Bollinger band base appears to be limiting downside follow through with the EUR/USD having bounced from fresh 2014 and

Today’s highlights: EURUSD has fallen to test our core target zone at 1.2787/55.

EUR/USD continues to decline and is nowtesting the strong support area between 1.2755and 1.2662.

Bears remain firmly focused on the 2013 low and then the $1.2637-60 region below.

Today’s highlights: EURGBP stages a bearish “outside day” to leave the spotlight on our core bear target zone at .7800/.7755.

EUR/USD made a big daily upper shadowyesterday, indicating persistent selling pressures.

EURUSD: The short term 8day ‘Tenkan-Sen’ and the weekly mid-body point just above 1.29 attracted responsive sellers yesterday,

Friday’s bearish close saw fresh 2014 lows to start the new week with bears firmly focused on the 2013 low at $1.2745.

Today’s highlights: USDCAD continues to hold trend support to leave the bias higher to

EUR/USD remains thus far unable to holdabove its previous lows, indicating persistentselling pressures.

Friday’s bearish close saw fresh 2014 lows to start the new week with bears firmly focused on the 2013 low at $1.2745.

EUR/USD: Momentum strongly pro-decline. Euro clearly oversold. From technical point of view, consolidation should continue for some time.