Tag Archives: EUR/JPY

EUR/USD bearishly into fresh yearly low

EURUSD: Bearishly into a fresh yearly low. The yearly low was crushed yesterday and pronouncedly so,

Daily Technical Report

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

Daily Market Technicals

Fresh 2014 and 8 month lows continued for the EUR/USD this morning with immediate focus having shifted to the $1.3400-21 region

FX Daily Majors

Today’s highlights: EURUSD spotlight stays on the key 1.3477 low. Capitulation below here remains needed to confirm a large bear “wedge”.

Daily Technical Report

EUR/USD made an intraday bullish reversalnear the key support at 1.3503 (see also thelong-term rising trendline from the July 2012low) on Friday.

Daily Market Technicals

Bulls take a little comfort in support having developed at $1.3513 Monday but layers of resistance remain $1.3549-87.

Short-Term Trading Strategies

EUR/USD is still trading at the low end of its recent range, and a test of the critical 1.3500 support proved to be short lived.

Technician

EUR/USD: Momentum clearly pro-decline. Testing of 1.3488 seems likely.

FX Daily Majors

Today’s highlights: URUSD needs to remove the 1.3477 low for the year to confirm a large bear “wedge”.

Daily Technical Report

EUR/USD made an intraday bullish reversalnear the key support at 1.3503 (see also thelong-term rising trendline from the July 2012low) on Friday, favouring a short-term bounce.

EUR/USD rechecks 1.3545-1.3575 before down

EUR/USD tests 1.3545\76 before down. 1.3477 remains a medium-term key ref to keep in mind… EUR/JPY could test 137.50\70 before trading lower again…

Daily Market Technicals

EUR/USD took out the previous key support region noted $1.3503-12 before bouncing from ahead of the 2014 low.