Tag Archives: EUR/JPY
UBS Morning Adviser
Corporate Japan Emboldened Two days ago we reported that portfolio investment abroad by Japanese investors is running well behind schedule this fiscal year.
Daily Market Technicals
EUR/USD continues to trade just below the $1.3800 level which bulls may retest while they eye the $1.3832 Oct 28 reversal high. A break above may be short-lived as daily studies are firmly in overbought territory,
Daily Technical Report
EUR/USD remains well supported as can beseen by the bounce from the low at 1.3709. Anhourly resistance stands at 1.3811 (11/12/2013high). Supports now stand at 1.3709 and 1.3621.
Riksbank rate decision is the main distraction today
EUR/USD: The recent 1.3811 & 1.3833 peaks remain untouched so far.The “below mid-range” session close left more for bulls towish for. But sellers would on the other hand need a sub-1.3709 move to
UBS Morning Adviser
Stagnation Already Secular? As we head into this year’s final FOMC, we should not forget that the Fed’s forward guidance,
Daily Market Technicals
EUR/USD failed to break above $1.3800 level and left a high at $1.3799, adding to resistance. Daily studies look overbought but weekly/monthly studies continue to carry a bullish tone.
Daily Technical Report
EUR/USD continues to consolidate close to therecent 1.3832 high. Strong resistance isexpected close to current levels. However, if abreak over 1.3832 can be achieved this wouldopen up a return to the 1.4000 region.
FX Daily Majors
Today’s highlights: * AUDUSD spotlight turns to the year’s lows at .8892/48. We allow for an initial hold here, but look for an eventual break lower to .8675.
UBS Morning Adviser
Yen-Based Investors Mobilising Japanese investors were net buyers of foreign bonds for the ninth consecutive week in early December.
Daily Market Technicals
EUR/USD slid to bounce from support just above $1.3700 and left a lower high and low. Bears look to retest while daily studies look overbought and a break below $1.3700 targets a test of 23.6% of $1.3296-1.3811 at $1.3689,
FX Daily Majors
Today’s highlights: * USDJPY finally clears the 103.10/74 barrier, and we stay bullish for 105.60/106.00 next, and eventually 110.60/111.60.