Tag Archives: EUR/JPY
UBS Morning Adviser
Risk-reward in dollar shorts falling The lack of positive reaction post US news has been a strong source of frustration for dollar bulls.
Daily Market Technicals
Following on from Friday’s dip below the 100-DMA the pair bounced back towards the $1.3753 resistance level to start the new week. Bulls need a close above $1.3753 to
Daily Technical Report
EUR/USD is approaching the key support at1.3643 (see also the closest rising trendline),which could spur some short-term buyinginterest. Hourly resistances can now be found at1.3753 (02/04/2014 low) and 1.3820 (02/04/2014high).
UBS Morning Adviser
EM once again benefits from low US rate expectations EM currencies were again beneficiaries of falling US rates as weaker US data
Daily Market Technicals
The move lower continued with the pair dipping below the 100-DMA. Resistance in the $1.3731-53 region is key with bulls needing a close above to ease the bearish pressure that dominated following the
FX Daily Majors
Today’s highlights: EURUSD’s break below the 55-day average at 1.3723/04 sees topping risks mount and adds weight to our bearish “wedge” story.
Daily Technical Report
EUR/USD has breached the support at 1.3705,confirming an underlying downtrend since thepeak at 1.3967. Another key support stands at1.3643. Resistances can now be found at 1.3753(02/04/2014 low) and 1.3820.
UBS Morning Adviser
Stronger income growth in the US would help everyone On Thursday, Draghi may have disappointed investors hoping for more forceful rhetoric on FX.
Daily Market Technicals
The 21-DMA failures have resulted in a dip back towards the 100-DMA with bulls now needing a close above the $1.3753 level to ease bearish pressure, while a close above the 21-DMA remains needed to
Daily Technical Report
EUR/USD weakened yesterday, breaking theshort-term rising trendline. Furthermore, thedeclining trendline still favours a bearish bias.Key supports stand at 1.3705 and 1.3643.
Daily Market Technicals
The recovery from $1.3705 appears to have run out of steam ahead of the 21-DMA with a close above needed to give the bulls hope and retest the key $1.3879 resistance targeted.
UBS Morning Adviser
Does anyone want to win the balance sheet stakes? President Draghi can expect the usual questioning monetary conditions on Thursday.