Tag Archives: EUR/JPY
FX Daily Majors
Today’s highlights: NZDUSD has broken below key support at .8458/43 and we stay bearish for a challenge of .8402. Below here would complete a larger top towards .8259/42.
EUR & CAD are week, USD feeds on those and many other currencies
EURUSD: Now targeting 1.3324/295. The euro is back on its losing streak as the chance of correction
Daily Market Technicals
Following recent failures at the key $1.3445 resistance level the EUR/USD resumed its move lower Tuesday with fresh 2014 and
Daily Technical Report
EUR/USD is bouncing within its underlyingdowntrend. Monitor the hourly resistance at1.3444 (28/07/2014 high).
FX Daily Majors
Today’s highlights: EURUSD is still vulnerable to further corrective strength, but we ideally look for “neckline” resistance at 1.3503/13 to cap.
EUR/GBP buyers at support? Keep a close eye on EUR/SEK 9.2730
EURUSD: Could still recheck the high 1.34s. European (Markit) PMI and the US ISM are the main distractions for the day.
EURJPY – wave-4/bear-flag correction targeting move to 137.50/18
Bouncing off major daily support in what could be wave-D of a larger triangle consolidation.
Daily Market Technicals
Rallies continue to stall ahead of $1.3445 with bulls needing a close above to confirm an easing of bearish pressure and
Technician
EUR/USD: Momentum strongly pro-decline, but euro also clearly oversold. Hint of beginning of correction. Return to 1.3488 level seems likely.
FX Daily Majors
Today’s highlights: EURUSD has found a near-term floor at the 50% retracement barrier at 1.3374,
Daily Technical Report
EUR/USD is bouncing within its underlyingdowntrend. Hourly resistances can be found at1.3444 (28/07/2014 high) and
Risk aversion pressure stocks & EMs, lifts bonds. EUR/USD up 1.35.
EURUSD: Could recheck the high-1.34s. Last week ended with a potentially bullish ‘Doji’ candle for the period.