Tag Archives: EUR/JPY
Daily Market Technicals
A triangle has formed on the dailies that is suggestive of a breakout at some stage. Bulls look for a close above $1.3643 to
FX Daily Majors
Today’s highlights: USDCAD stays bearish for the 38.2% retracement of the 2012/14 rise at 1.0650, where we would look for buying to emerge.
Daily Technical Report
EUR/USD is moving within the horizontal rangebetween 1.3503 and 1.3677. An hourly supportlies at 1.3565 (20/06/2014 low, see also the 61.8%retracement).
UBS Morning Adviser
SARB’s purchase of Korean sovereign bonds signal another positive for won Yesterday officials at South Korea’s Financial Supervisory Service announced
Daily Market Technicals
Oscillation around the 21-DMA continues with spikes towards the 200-DMA lacking follow through. The $1.3670-77 region remains key resistance with
FX Daily Majors
Today’s highlights: USDCAD continues to fall sharply after completing a bearish continuation pattern and
UBS Morning Adviser
Headline CPI of +2.7% YoY shows inflation still elevated after MAS cut forecast Singapore May headline CPI released today showed ongoing upward pressure in all major areas except for clothing and communication,
Daily Market Technicals
EUR/USD continues to chop around the 21-DMA with spikes towards the 200-DMA so far lacking follow through.
FX Daily Majors
Today’s highlights: GBPUSD above multi-year range resistance at 1.7044/49 should see strength extend to our target of 1.7330.
Daily Technical Report
EUR/USD has broken the hourly resistance at1.3602 (10/06/2014 high). A short-term risetowards the resistance at 1.3677 (see also the38.2% retracement) is favoured as long as thehourly support at 1.3584 (19/06/2014 low) holds.
Daily Market Technicals
Bulls take a little comfort from Thursday’s close above the 21-DMA which was the first since early May.
UBS Morning Adviser
Central banks target long-term economic potential The Federal Reserve and Norges Bank both surprised market expectations this week to the dovish side.