Tag Archives: EUR/JPY
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 the $1.3614-18 region with correcting daily 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). Hourlyresistances can be found at 1.3709 (13/12/2013low) and 1.3723 (17/12/2013 low). Anothersupport stands at 1.3524.
Daily Market Technicals
EUR/USD: Despite the bounce from ahead of the Nov 7 support line and 55-DMA initial focus remains on retests of the $1.3614-18 region with correcting daily Slow Stochastic and RSI studies adding weight to the bearish case.
Daily Technical Report
EUR/USD is challenging the key support at1.3621 (see also the rising trendline), which wasthe minimum short-term downside risk impliedby the recent double-top. Another supportstands at 1.3524.
FX Daily Majors
Today’s highlights: AUDUSD stays bearish for bear channel support at .8743/385 and then 38.2% retracement support at .8675.
UBS Morning Adviser
Fed Lessons for BoE Friday’s UK GDP release might not have the same impact as other activity data but at the very least,
Daily Market Technicals
EUR/USD fades after failed break above $1.3800 on Weds, daily studies in sell-mode and bears look to break below key initial support from 38.2% of $1.3296-1.3811 and Nov 7 support line at $1.3614/18.
Daily Technical Report
EUR/USD has broken the support at 1.3709,validating a short-term double-top. A test of thekey support at 1.3621 is expected as long asprices remain below the resistance at 1.3723(17/12/2013 low).
FX Daily Majors
Today’s highlights: USDJPY above the 103.74 high maintains a bullish outlook for our 105.60/106.00 next target, and eventually 110.60/111.60.
Daily Market Technicals
EUR/USD rose to retest $1.3811 high and met strong resistance to leave a mini double-top before sinking through support – double-top targets a move to $1.3607 which is also a Nov 7 support line.
UBS Morning Adviser
Shifting the Guidance Burden The Fed has spoken – taper and begin advancing the policy debate away from QE.
Daily Technical Report
EUR/USD remains well supported as can beseen by the potential short-term symmetricaltriangle, which usually acts as a continuationpattern. An horizontal resistance stands at 1.3811(11/12/2013 high).