Tag Archives: EUR/JPY
FX Daily Majors
Today’s highlights: AUDUSD has collapsed lower overnight and we stay bearish for medium-term channel support at .8720, and ideally .8675.
UBS Morning Adviser
Cross-asset confidence supporting risk The FOMC’s December taper should have been the event which would signal the end of secular declines in FX volatility.
Daily Market Technicals
EUR/USD descended from the 21-DMA to retest the July support line, now at $1.6307 – but bears again failed to make a significant break below. Current price action edges back above this level while daily studies drift higher,
FX Daily Majors
Today’s highlights: USDCAD continues to rally strongly after the completion of a medium-term base, and we stay bullish for 1.1234 next.
Daily Technical Report
EUR/USD remains in a bullish rising trend whileabove the key low at 1.3549 (09/01/2014 low).From a very near-term perspective, providedprice can maintain a foothold over 1.3600,
UBS Morning Adviser
Worse to come before it gets better The Canadian dollar continued its slide overnight, with USDCAD rising to highs not seen since Oct. 2009.
Daily Market Technicals
EUR/USD fades from 21-DMA and bears now finding support from 23.6% of $1.2755-1.3893 at $1.3624, just below the hourly low. Bears still target key July support line, at $1.3601,
Daily Technical Report
EUR/USD has thus far failed to break theresistance area between 1.3677 and 1.3687(10/01/2014 high, see also the 38.2%retracement).
UBS Morning Adviser
Expecting higher dollar versus the yen, Nordic and commodity currencies Fed officials are likely to ‘look through’ Friday’s soft payrolls report.
Daily Market Technicals
EUR/USD failed to break above the 21-DMA and left a double-day high at $1.3685 – bulls will aim to break above, however bears likely target the July support line again,
Technician
EUR/USD: Momentum is roughly neutral. Consolidation around 60-day moving average is likely (200-day/20-day moving average range).
Daily Technical Report
EUR/USD moved significantly higher last Fridayand is now challenging the resistance at 1.3677(see also the 38.2% retracement). A short-termbullish flag could be underway,