Tag Archives: EUR/JPY
Daily Market Technicals
EUR/USD declines slowly after bouncing from Sept 6 support line. Price action slips below the 38.2% of $1.3296-1.3893 and yesterday tested the 23.6% of $1.2755-1.3893 at $1.3624.
Daily Technical Report
EUR/USD continues to struggle after its Fridayintraday bearish reversal near the resistance at1.3699. Hourly supports stand at 1.3625 (intradaylow, see also 50% retracement) and 1.3583(22/01/2014 high).
UBS Morning Adviser
Future guidance also now under the spotlight FX investors are still coming to terms with the near-spontaneous improvement in UK economic data several months ago.
Daily Market Technicals
EUR/USD has stalled above the 38.2% of $1.3296-1.3893 at $1.3665 and daily studies become mixed – 10-day momentum study flatlines around neutral.
Technician
EUR/USD: Momentum is roughly neutral. Consolidation on moving averages is most likely technical scenario.
Daily Technical Report
EUR/USD made an intraday bearish reversallast Friday near the resistance at 1.3699, whichfavours short-term caution. Hourly supportsstand at 1.3625 (intraday low) and 1.3583(22/01/2014 high).
FX Daily Majors
Today’s highlights: USDJPY has set a top and the prod beneath the 38.2% retracement support at 102.08 warns of a deeper setback to 101.02/01.
UBS Morning Adviser
Trade rebalancing still elusive Yen bears can take comfort from Japan’s trade data released overnight.
Daily Market Technicals
EUR/USD zipped higher from the Sept 6 support line but then pared gains to leave a bearish looking candle with a long upper shadow, failure to close above $1.3700 adds further pressure lower.
US Morning Update
The extent to which the CAD volatility curve has flattened already today is a signal of how ‘hairy’ price action in the currency could be later around the 0830 CPI data.
FX Daily Majors
Today’s highlights: AUDUSD has declined to our .8675 next core target – 38.2% of the entire 2001/2011 bull market – which we look to try and hold at first.
Daily Technical Report
EUR/USD moved sharply higher yesterday,breaking its declining trendline. A break of theresistance at 1.3699 would open the way forfurther strength towards the resistance at 1.3819.