Tag Archives: EUR/JPY
Daily Market Technicals
EUR/USD closed below the 50.0% of $1.3296-1.3893 but edged back above the July support line which is now at $1.3576. Bears will aim back below to continue the downward slide,
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.
Weaker CAD & CHF noted. Looking for a EUR/JPY sell.
EUR/USD: Judging by price action the market remains in aconsolidation/correction in relation to the most recent sharpdrop. This means that another leg lower should materialize.
Daily Market Technicals
EUR/USD holds above the 50.0% of $1.3296-1.3893 level at $1.3594 while bears continue to pressure the downside. A break below $1.3600 level should see bears test the key July support line at $1.3570,
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.
Sell EUR & GBP into a fading near-term rally
EUR/USD: Support at the lower end of the “Cloud” was noted andrespected yesterday. The net bullish candle as a resultpoints “up-before-down”.
UBS Morning Adviser
Eurozone improvement is an opportunity and a threat As periphery yields continue to decline, Eurozone-exposed economies such as the Nordics and
Daily Market Technicals
EUR/USD bounced from just above the July support line at $1.3563 and key support. Bears look to test this level while daily studies slide, however we note momentum is turning higher on daily and weekly charts.
Technician
EUR/USD – Momentum is turning to pro-decline. Further decline at least to 1.3488 level/200-day moving average is likely.
Daily Technical Report
EUR/USD has broken the support at 1.3621.Coupled with the false breakout of the keyresistance area between 1.3811 (11/12/2013high) and 1.3832, a medium-term double-top islikely underway.
Daily Market Technicals
EUR/USD continues to slide and now trades below the daily Bolli band base, daily studies remain bearish but now near oversold and bulls may push to close back within the Bolli band and above the $1.3600 level.
UBS Morning Adviser
Although the euro failed to start 2014 on a strong note, it was a different story forperiphery bonds. As of the European close on Friday January 3rd, the spread betweenthe 10-year papers of Spain and