Tag Archives: EUR/JPY

FX Strategies: Buy AUD/NZD & Sell EUR/JPY

Investors following tactical strategies should consider buying AUD/NZD and selling EUR/JPY this week, advises Barclays Capital in its weekly FX pick to clients.

FX Daily Majors

Today’s highlights: EURUSD spotlight remains on support at 1.3513/03. We favour an eventual break below here and 1.3477 to complete a large bear “wedge”.

Daily Technical Report

EUR/USD is close to the key support at 1.3503(see also the long-term rising trendline from theJuly 2012 low).

EUR Trading Strategies For The 2nd Half Of 2014

In a note to clients, BNP Paribas recommends a couple of trading strategies to trade the EUR from the short side during the second half of the year.

Risk aversion noted – bonds & oil up, stock down

EUR/USD trades cautiously lower into the support zone at/around the 1.35-mark. GBP/USD tests support in the high/mid-1.70s once more.

Daily Market Technicals

Oscillation around the Bollinger band base ($1.3521) continues with the EUR/USD now consolidating ahead of the key $1.3503-12 support as daily studies approach O/S levels.

Daily Technical Report

EUR/USD declined further yesterday. Prices arenow close to the key support at 1.3503 (see alsothe long-term rising trendline from the July 2012low).

EURUSD & EURJPY extends the decline. NOKSEK breaks 1.1045

EUR/USD tests the 1.3526/1.3503 support zone. The yearly low at 1.3477 is a medium-term key ref to keep in mind.

Daily Market Technicals

The move lower saw EUR/USD close below the Bollinger band base ($1.3533) with the pair now consolidating ahead of

Daily Technical Report

EUR/USD has broken the support at 1.3576,confirming a bearish bias. A further short-termdecline towards the key support at 1.3503 islikely.

Daily Market Technicals

EUR/USD is hovering around the $1.3564 support but appears to have done enough to confirm a break of the triangle base with

Daily Technical Report

EUR/USD rose yesterday but failed to holdmost of its gains at the end of the session. Abearish bias is favoured as long as prices remainbelow the resistance at 1.3664 (03/07/2014 high).