Tag Archives: EUR/JPY
Daily Technical Report
EUR/USD is moving sideways between thesupport at 1.3692 and the resistance at 1.3773. The current mild correction in prices (less than38.2% retracement) favours a short-term bullishbias.
FX Daily Majors
Today’s highlights: AUDUSD spotlight remains on key resistance at .9078/87, above which remains needed to see a better base.
USD/CAD in the buy zone. USD/TRY higher.
EUR/USD: With the slimmest of margins the market failed to take outthe 1.3774 resistance and completing a five wave advance.
UBS Morning Adviser
S&P erases 2014 decline, but who benefits? The ‘dollar as a growth currency’ theme is one of the many consensus views for 2014 which have failed to materialise in full.
Daily Market Technicals
EUR/USD sees continuing risks of the daily and hourly studies turning lower as bears get ready to focus on a minor support line at $1.3721 and moving averages at $1.3638/42/61.
Daily Technical Report
EUR/USD remains supported by its risingchannel (see also the support at 1.3692). Thebreak of the initial resistance at 1.3728 (intradayhigh) validates a tiny base formation, whichfavours a test of the resistance at 1.3773.
UBS Morning Adviser
Too soon to rebuild AUD longs Japanese investors have systematically run down their exposure to Australian bonds over the past two years.
Daily Market Technicals
GBP/USD holds just under the 5-DMA of $1.6660 as bears focus on weakening daily studies and Fibonacci retracements of the February advance at $1.6605 and $1.6537.
Commerzbank: Next Week’s Ranges & Bias For Majors
Encouraging economic data from the euro area and signs of a weakening US economy have recently buoyed EUR/USD, notes Commerzbank.
Daily Technical Report
Trying to bounce near the support at 1.3692. EUR/USD has recently weakened. However, it remains supported by its rising channel
UBS Morning Adviser
US households cranking up the credit A steady stream of US data disappointments over the past 7 weeks has not been kind to the US dollar.