Tag Archives: EUR/JPY
Daily Technical Report
EUR/USD is currently trading close to the38.2% retrace of the 1.3296 – 1.3893 rise. Scopeis seen for a fresh leg higher from the currentregion to retest the 1.3900 zone.
JPY short covering. EUR weakness getting legs
EUR/USD: The bearish setup did deliver the anticipated outcome as themarket broke through the 1.3728/44 support zone attractingfresh selling. The next objective is to test and likely breakthe 1.3625 support,
Daily Market Technicals
EUR/USD plummets through support levels to bounce from the 55-DMA and daily Bolli base yesterday – both now initial support at $1.3631/36, respectively.
Daily Market Technicals
EUR/USD failing to close above $1.3800 level and last session failed just ahead of here adding downside risk. 10-week momentum study slips into negative territory and
Daily Technical Report
EUR/USD continues to exhibit a bullish dailystructure following its peak last Friday at 1.3893,just shy of a multi-month falling trend line. Weanticipate a further swing higher to retest the1.3900 region,
Daily Market Technicals
EUR/USD tested above highs around $1.3811 to just below the daily Bolli base which is part of initial res at $1.3830. The monthly resistance line still key resistance at $1.3939 but
Daily Technical Report
EUR/USD peaked at 1.3893 last Friday, just shyof a multi-month falling trend line. Scope is nowseen for a further swing higher to retest this keyarea of resistance once again where supply isanticipated.
Daily Market Technicals
EUR/USD holds above Nov 7 support line which is at $1.3665 but also left a huge upper shadow after bulls spiked higher to test resistance just below the $1.3900 level.
Daily Technical Report
EUR/USD is moving higher towards the keyresistance area between 1.3811 (11/12/2013high) and 1.3832. Hourly supports now stand at1.3724 (25/12/2013 high) and 1.3650 (25/12/2013low).
Daily Market Technicals
EUR/USD: The break above the $1.3717 level that previously capped sees this level now noted as initial support and the euro-dollar heading towards the layers of resistance in the $1.3811-32 region.
Daily Market Technicals
EUR/USD: Despite the bounce from ahead of the Nov 7 support line and the 55-DMA, initial focus remains on retests of $1.3611-18 with correcting daily Slow Stochastic and RSI studies adding weight to the bearish case.
Daily Technical Report
EUR/USD has bounced near the key support at1.3621 (see also the rising trendline). A shorttermbearish bias is favoured as long as pricesremain below the hourly resistance areabetween 1.3709 (13/12/2013 low) and 1.3723(17/12/2013 low).