Tag Archives: GBP/JPY

The euro is still bid and the yen relentlessly offered. EUR/SEK targets >9.0050.

EUR/USD: We are stubbornly clinging to the idea of the advance beingcorrectional. We have to admit it has gone farther thanthought, but it looks correctional nevertheless.

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.

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.

Daily Technical Report

EUR/USD’s rise is still viewed as a short-termrebound. However, the resistance at 1.3622 hasbeen breached, indicating a persistent shorttermbuying interest.

FX Month in Review – November

* The JPY was the weakest currency monitored in the November Month in Review, declining 4.2% on a TWI basis.

Daily Technical Report

EUR/USD’s rise is still viewed as a short-termrebound. Yesterday’s strength has not been ableto move higher than the resistance at 1.3622,posting a potential lower high.

Daily Technical Report

EUR/USD’s rise is still viewed as a short-termrebound. A break of the support at 1.3490 (seealso the rising trendline) is needed to confirm aresumption of the selling pressures.

US dollar set to strengthen in the short-term

USD: under pressure because of the Fed As expected, the US dollar failed to appreciate in a week shortened by the Thanksgiving celebration and bereft of any major economic statistics.

Daily Technical Report

EUR/USD’s rise is still viewed as a short-termrebound. Monitor the test of the resistances areadefined by the 61.8% retracement at 1.3627 and1.3651 (21/10/2013 low).

Daily Technical Report

• EUR/USD’s rise is still viewed as a short-termrebound and is now close to the resistance areadefined by the 61.8% retracement at 1.3627 and1.3651 (21/10/2013 low).

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.