Tag Archives: EUR/JPY
Daily Technical Report
EUR/USD continues to bounce after the test ofthe support at 1.3708. However, the decliningtrendline still favours a bearish bias. An hourlyresistance can be found at 1.3847 (25/03/2014high). Another resistance lies at 1.3876.
FX Daily Majors
Today’s highlights: USDJPY focus turns to important resistance at 103.64/77. Above here is needed for a better base in the range to test 104.85/94 next.
UBS Morning Adviser
Corporate Inflation Expectations Elevated Surprisingly, Japanese corporates attach some credibility to
Daily Market Technicals
The recovery from Friday’s $1.3705 low continues as daily studies threaten to correct from oversold levels and remain supportive of further topside. Bulls look for a close above the 21-DMA to
EURJPY – tight triangle lacking only a wave-e decline; target is 140.64
The expected rally towards 144 to mark a wave-b high was realized and the choppy turn lower makes the case for a wave-c decline.
Daily Technical Report
EUR/USD is bouncing near the support at1.3708. However, the declining trendlinecontinues to favour a bearish bias. An hourlyresistance for a short-term bounce can be foundat 1.3847 (25/03/2014 high). Another resistancelies at 1.3876.
UBS Morning Adviser
Firmer EURUSD positioning not an independent FX event In the latest Global Positioning Summary (Mar 26th),
Daily Market Technicals
Oversold daily tech studies remain a concern for a continuation lower with the bounce to start the new week easing the previous bearish pressure a little.
Daily Technical Report
EUR/USD is trying to bounce near the supportat 1.3708. However, the underlying technicalstructure remains negative. Hourly resistancesfor a short-term bounce can be found at 1.3779(intraday high) and 1.3847 (25/03/2014 high).
FX Daily Majors
Today’s highlights: USDJPY above its 55-day average at 102.55/69 keeps the bias higher in the range to 103.64/76.
EUR/JPY bullish response. NOK/SEK s/t stretched.
EUR/USD: Friday’s break down into the 55d ma band was soon rejectedand we ended the day more or less unchanged with spikeson both sides showing kind of a balance reached.
UBS Morning Adviser
Balancing inflation and growth in a challenging environment Last week Bangko Sentral ng Pilipinas (BSP) decided to hold rates,