Tag Archives: EUR/JPY
Daily Market Technicals
EUR/USD eases itself into the rising channel as it slips above the base to test the daily Ichimoku cloud top at $1.3599 and above is new 61.8% at $1.3627.
UBS Morning Adviser
Aussie Outlook Dims More evidence arrived overnight that Australia’s mining investment boom is likely to recede gradually over the coming years.
Daily Technical Report
EUR/USD’s recent strength and the potentialhigher low posted yesterday suggest apersistent short-term buying interest. Monitorthe resistance at 1.3579.
FX Daily Majors
Today’s highlights: * USDJPY stay bullish for 102.36/53 next, ahead of testing the year’s high at 103.10/74.
Daily Market Technicals
EUR/USD continues to trade below channel base but with bulls pressuring the upside, however weekly studies show continued bear-divergence which adds risk lower.
UBS Morning Adviser
Price Surprises Surprising The window for the ECB Governing Council to act on deflation pressures appears to be closing as even the Bank of Spain Governor noted on Monday that there was no risk of deflation in his country.
Technician
EUR/USD: Short-term momentum remains pro-decline (ROC20), but medium-term dynamics are clearly changing towards pro-growth momentum.
Daily Technical Report
EUR/USD has risen for the last two days,reflecting a persistent short-term buying interest.Monitor the resistance at 1.3579. Supports are at1.3400 (21/11/2013 low) and 1.3296.
Morning FX Market Commentary
IFO triggers euro rebound On Friday, the euro gained across the board as the German IFO business confidence was reported well above consensus.
Diverging dollars. EUR/SEK ready for the next rise.
EUR/USD: Contrary to our view the pair remained firmly underpinnedon Friday moving above the 1.3488/98 resistance and up toa broader resistance cluster, 1.3550/84 (prior peak andtrend lines).
Daily Market Technicals
EUR/USD managed to retest the channel base on Friday and is capped by the same level today – now at $1.3561. Bulls look to break above to close back within the rising channel,
UBS Morning Adviser
Swedish Depo Lessons The clamour for negative deposit rates in the Eurozone has subsided somewhat in the wake of some less-than supportive comments from ECB heavyweights.