Tag Archives: EUR/JPY

Daily Market Technicals

After finding support ahead of the 100-DMA last week the EUR/USD bounced to marginally trade above the previous $1.3444 resistance.

EUR/USD is in an underlying downtrend.However, the last two days have displayed largelower shadows,

EUR/USD again found support Thursday ahead of the 100-WMA with s close below last seen in July 2013.

EUR/USD is in an underlying downtrend.However, monitor the support at 1.3367 impliedby yesterday’s intraday bullish reversal (hammerformation).

Today’s highlights: DXY $ Index above 81.38/48 sees a base established, for 83.40/48.

Pressure on the $1.3390-00 region resulted in fresh 2014 and 8 month lows before the pair bounced a little from ahead of the 100-WMA.

EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and

Today’s highlights: USDCAD above 1.0871/90 would see a larger base established.

EUR/USD is hovering precariously above the $1.3390-00 region as it consolidates Tuesday’s break below the 200-WMA ($1.3419),

Traders overall have been lamenting the low volatility, low volume environment seen in 2014,

Today’s highlights: NZDUSD remains under pressure, and stays bearish towards .8480 next, then .8453/43.

EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and