Tag Archives: EUR/JPY
UBS Morning Adviser
AUD Dependencies Exposed Overnight news flow served reminder of the important role played by foreign direct investment in supporting the Australian dollar – and the risks to the currency if those inflows were to fade.
GBP/USD & EUR/JPY at important levels and must be monitored
EUR/USD: There is not much for near-term bears to hinge their hopeson – yet. Cautious advance is still on and resistance in the1.3645\90 area may be scanned.
Daily Market Technicals
EUR/USD edged back into rising channel from Jul 10 low, base becomes initial support at $1.3593. A break below could see bears take control and slide to the key support level at $1.3469,
Daily Technical Report
• EUR/USD has moved above the resistance at1.3579, reflecting a persistent short-term buyinginterest. Another resistance can be found at1.3651.
EUR/JPY: Facing massive resistance between 139.14 and 140.99/141.04
Based on the very long-term picture shown below it becomes obvious that we are most likely only halfway withinthe ongoing and multi-year bull-trend.
FX Daily Majors
Today’s highlights: * EURJPY is on the cusp of our long-held 139/141 medium-term target, which we look to cap at first.
Morning FX Market Commentary
Yen remains under pressure across the board The dollar was under moderate pressure against the euro but was saved by decent US confidence data.
UBS Morning Adviser
AUD: Beyond The Horizon Australia’s quarterly capex survey contained some bright spots overnight,
BNZ Strategist – The Strategist
While everyone appears obsessed with the impact of the LVR restrictions, the economy continues to broaden and strengthen its momentum regardless.
Daily Market Technicals
EUR/USD struggles to hold onto any gains within the rising channel – currently trades just over the channel base, seen at $1.3585.
Daily Technical Report
EUR/USD has moved above the resistance at1.3579, reflecting a persistent short-term buyinginterest. Another resistance can be found at1.3651.
FX Daily Majors
Today’s highlights: EURJPY strength is on the cusp of our long-held 139/141 medium-term target, which we look to cap at first.