Tag Archives: EUR/JPY
UBS Morning Adviser
Tapering losing influence over some trades For the bulk of the last three quarters, markets have designated US policy and
Daily Market Technicals
EUR/USD now holds below the 100-DMA after breaking below the July support line on Friday – the 100-DMA is initial resistance at $1.3572 and bulls aim to break back above to retest the former support line at $1.3626.
FX Daily Majors
Today’s highlights: EURUSD reinforces its top below 1.3548, and we stay bearish for 1.3458, then 1.3357/24.
Daily Technical Report
EUR/USD remains in a corrective phase after itsfailed attempt to break the resistance at 1.3832(25/10/2013 high), as can be seen by the recentlower lows.
UBS Morning Adviser
Three forces taking turns The Australian dollar weakened during the course of 2013 under the weight of three key forces:
€ weakness. €/JPY at support. NOK correction.
EUR/USD: With the late decline last week a bearish key week reversalwas created (here seen as a downside continuation pattern)hence enhancing our view of a forthcoming 1.33/34-test.
U.S. Dollar Higher on Taper Speculation
The dollar rose to its highest since November versus the euro amid speculation the Federal Reserve will continue reducing stimulus as the U.S. economy improves.
Daily Technical Report
EUR/USD has thus far failed to significantlyretrace its decline from the peak at 1.3893. As aresult, a test of the recent low at 1.3549(09/01/2014 low) is favoured.
FX Daily Majors
Today’s highlights: USDCAD is conducting a high-level consolidation, but the trend stays higher for 1.1234 next then 1.1666/1727.
UBS Morning Adviser
Governments are looking at generating inflation too Combating deflation is a global priority, but developments in national labour markets have been at the forefront of such structural headwinds for prices.
Daily Market Technicals
EUR/USD continues to trade just above or just below the July support line, now at $1.3613. Daily studies rise and 10-day momentum slips into positive territory, we await today’s close to confirm,
Daily Technical Report
EUR/USD has thus far failed to significantlyretrace its decline from its peak at 1.3893.Yesterday’s weakness favours a test of the recentlow at 1.3549 (09/01/2014 low).