Tag Archives: EUR/JPY
UBS Morning Adviser
Central banks will be more attentive to income growth Japan watchers would have taken note how the policy focus of late has shifted away from
EURJPY – 3 extension targets suggest a wave-(c) decline to 138
Wave-(c) lower of a large triangle is targeting 138. At 138, two separate extension targets align; the first is the ideal wave-(a) x .618, the second is wave-w x 1.618.
Daily Technical Report
EUR/USD has further improved, breaking outof its short-term declining channel and pushingabove near term resistance. Monitor theresistance at 1.3820 (see also 50% retracement).
FX Daily Majors
Today’s highlights: AUDUSD has achieved our .9410/.9510 core target and we start to look for signs of exhaustion.
UBS Morning Adviser
Endless banter on renminbi levels helps no one After a long slumber, it appears the old China-US dispute over exchange rates is flaring up again.
Daily Market Technicals
EUR/USD broke and closed well above the 21-DMA on Wednesday but the continuation higher has so far stalled ahead of the key $1.3879 level that acted as support in mid Mar.
Daily Technical Report
EUR/USD has improved, breaking out of itsshort-term declining channel. Monitor theresistance at 1.3820 (see also 50% retracement).Hourly supports now lie at 1.3734 (intraday low)and 1.3673. Another resistance can be found at1.3876.
FX Daily Majors
Today’s highlights: USDJPY’s collapse below 102.79/63 turns the spotlight back on key range support at 101.20/100.75.
UBS Morning Adviser
A weak currency can only take you so far Despite expectations to the contrary, the Riksbank is far from being in a position to shift tones.
Daily Market Technicals
As daily tech studies correct from O/S levels the EUR/USD continues to work its way higher with the 21-DMA currently capping. The move higher has eased bearish pressure but bulls now need
FX Daily Majors
Today’s highlights: AUDUSD holds above its 13-day average, leaving the recovery intact to .9334/38 next, ahead of our basing objective at .9410/.9510.
Daily Technical Report
EUR/USD is bouncing close to the key supportat 1.3643. Hourly resistances are given by 1.3753(02/04/2014 low) and the declining channel(around 1.3786). Hourly supports now lie at1.3694 (07/04/2014 low) and 1.3673.