Tag Archives: EUR/JPY
Morning FX Market Commentary
USD/JPY and EUR/USD are nearing the 2013 top An ongoing risk-on trade and expectations of more BOJ easing are keeping the yen under pressure.
Daily Market Technicals
EUR/USD stretches further to the upside as bulls target the Oct 28 high at $1.3832, however daily studies are increasingly overbought adding a little downside risk. Failure to retest $1.3832 could see the pair collapse,
UBS Morning Adviser
Don’t Misread Equities One of the biggest talking points in the tapering story is how equity markets will respond to the marginal decline in liquidity provision.
The greenback remains apprehensive
EUR: we remain negative on the single currency As expected, the European Central Bank kept its monetary policy on hold last week,
Daily Technical Report
EUR/USD has broken the resistance at 1.3622,confirming a persistent strong buying interest.The short-term technical structure remainspositive as long as the key support at 1.3621(06/12/2013 low) holds.
UBS Morning Adviser
NZD Hinges On Wheeler The recent resilience of the New Zealand dollar owes much to the prospect of several RBNZ rate hikes next year.
Daily Market Technicals
EUR/USD continues to squeeze higher despite overbought daily studies as bulls climb further into rising channel to test above daily Bolli top at $1.3710 to an hourly high at $1.3726.
EURJPY achieves the 141.00 triangle objective
On Monday we highlighted EURJPY’s break above the 2009 high around 139.20 and how it opened the door to a further advance over the coming days.
Weekly Forex Report
Nonfarm payrolls leave the door open for a taper in December In the US, upward revisions for the third quarter growth and inflation slightly added to the recent improving economic outlook.
Daily Technical Report
EUR/USD has broken the resistance areabetween 1.3622 and 1.3651 (21/10/2013 low),confirming a persistent strong buying interest.
UBS Morning Adviser
Payrolls Safety Sought The steady stream of positioning adjustments throughout the week, exacerbated by the mid-week revision in payrolls expectations and
Daily Market Technicals
EUR/USD pops above the Nov 29 high and 61.8%, former resistance at $1.3622/27, and now trades just below Apr 2007 reversal high at $1.3681.