Tag Archives: EUR/JPY
FX Daily Majors
Today’s highlights: EURGBP’s spotlight turns to downtrend support from June 2013 at .7960.
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. Monitor thecurrent consolidation phase.
UBS Morning Adviser
RBA talking down the currency has limited longer term implications Tuesday’s release of minutes of the Reserve Bank of Australia (RBA)
JPY on a strengthening path, EUR/NOK downturn
EURUSD: Friday’s attempt higher ended already at the 1.3580resistance with a relatively impulsive decline.
Daily Market Technicals
The $1.3583 resistance level remains key this week with the attempted recovery on Friday falling short of this level before falling to a relatively bearish close.
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. The recentpickup in buying interest near that level favours afurther phase of consolidation.
UBS Morning Adviser
ECB has no FX target but prior policy drivers are having less of an effect The ECB will be the first to remind FX markets that irrespective of how they view the exchange rate’s impact on
Daily Market Technicals
EUR/USD continues to grind its way back towards the $1.3583-1.3602 resistance region with support now having developed on the hourlies at $1.3546.
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. Monitor thatlevel as buying interest has thus far remainedweak.
UBS Morning Adviser
BoK holds as widely expected, outlook and statement largely carried over As unanimously predicted by forecasters, the Bank of Korea (BoK) held policy rates at 2.50%.
Daily Market Technicals
EUR/USD continues to consolidate at the lower end of last week’s range with bearish pressure dominating.
Daily Technical Report
EUR/USD’s bullish intraday reversal on 5 Junehas created a key support at 1.3503. Monitor thatlevel as buying interest has thus far remainedweak.