Tag Archives: EUR/JPY
FX Daily Majors
Today’s highlights: USDCAD maintains a medium-term base and we stay bullish for 1.1234 next, with scope to eventually push onto 1.1666/1727.
UBS Morning Adviser
More BoJ easing still likely The heavy price action in USDJPY after Friday’s payrolls report does not change our fundamental view that the USDJPY upswing is likely to extend this year.
More €/JPY & NOK/SEK losses, NZD in demand.
EUR/USD: With the 1.3550/70 support now thoroughly tested themarket will most likely spend some time in roughly a 1.3570– 1.3770 range before making a new attempt to break lower.
Daily Market Technicals
EUR/USD looks bullish in the short-term after bounce from July support line which is key support at $1.3588. Bears look to retest but we note daily studies show the potential to reverse higher,
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
UBS Morning Adviser
Dollar’s risk status still unclear Our economists have chosen not to take the ADP figure as signal for stronger payrolls,
€/$ congestion before lower. €stoxx50 double top?
EUR/USD: Despite the downturn and a fresh low a few points beneaththe 1.3550/70 support zone sellers were unable to followthrough.
Daily Market Technicals
EUR/USD now back above Jul 9 support line at $1.3582, a level which bears likely aim to test again, but key support is now seen as the 100-DMA at $1.3548 as it held the downside yesterday.
Daily Technical Report
EUR/USD has broken the support at 1.3621(06/12/2013 low). Coupled with the falsebreakout of the key resistance area between1.3811 (11/12/2013 high) and 1.3832, a doubletopis likely underway.
FX Daily Majors
Today’s highlights: USDCAD approaches the 1.0854 2010 peak. We allow for an initial hold here, but expect an eventual break higher to confirm a much larger base, for 1.1234.
UBS Morning Adviser
Critical Mass Approaching The new year is just over a week old, but already a confluence of factors are falling into place in support of the US dollar.
Falling commodity ccy’s. USD/Scandies bid.
EUR/USD: The market yesterday with a slim margin closed below the55d ma band hence posting yet another bearish message.