Tag Archives: EUR/JPY
Daily Technical Report
EUR/USD continues to consolidate after its risefrom 1.3673 to 1.3906. The rebound near the keysupport at 1.3780 (09/04/2014 low) has pushedprices close to the top of the recent range.Monitor the resistance at 1.3906.
UBS Morning Adviser
Yesterday onshore USDCNY crossed 6.2650 intraday; 1.74% above fixing Until recently USDCNY spot has stayed slightly above 1% from official fixing,
Daily Market Technicals
The sharp move lower Wednesday again managed to dip below the 21-DMA before recovering to close above with the result being a triple daily top around the $1.3879 level.
Daily Technical Report
EUR/USD continues to consolidate after its risefrom 1.3673 to 1.3906. Despite yesterday’sweakness, the short-term technical structure ispositive as long as the support at 1.3780(09/04/2014 low) holds.
UBS Morning Adviser
No change to the QQE target The Bank of Japan’s overnight decision reaffirmed the existing policy stance,
Daily Market Technicals
The sharp move lower from the $1.3879 level Tuesday leaves a double daily top in place and combined with the relatively bearish close sees focus shift lower to the key $1.3779 support.
FX Daily Majors
Today’s highlights: NZDUSD has fallen to key price and “neckline” support at .8536/14, beneath which would see the expected better top.
Daily Technical Report
EUR/USD’s decline from 1.3906 (11/04/2014high) has stopped around the 50% retracementmeasured from the low at 1.3673 (04/04/2014).
UBS Morning Adviser
Eurozone inflation release and its currency implications Falling inflation in Europe has become the primary focus in EUR as the market speculates potential ECB QE.
Daily Market Technicals
EUR/USD took out the $1.3863 resistance level Monday before giving back some ground and finding support on the hourly time frame at $1.3840.
Daily Technical Report
EUR/USD’s decline from 1.3906 (11/04/2014high) has stopped around the 50% retracementmeasured from the low at 1.3673 (04/04/2014). As a result, the short-term technical structure ispositive as long as the support at
UBS Morning Adviser
Basis swap landmark reached for euro, but is resilience now a hindrance? Last week the 1y EUR/USD basis swap traded above zero for the first time post crisis.