Tag Archives: GBP/JPY

Daily Technical Report

• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). The resistance at 1.3449 (05/11/2013 low) is challenged.

Daily Technical Report

• EUR/USD is bouncing after having successfully tested its recent low at 1.3296 (see also the 50% retracement). Resistances can be found at 1.3449 (05/11/2013 low) and 1.3548.

Daily Technical Report

EUR/USD failed last Friday to move below therecent low at 1.3296 (see also the 50%retracement), increasing the odds of a shorttermbounce.

EUR down as a result of ECB decision-making

The euro extended its correction this week, setting a low of 1.33 against the US dollar, before recovering above 1.34 following Thursday’s surprise interest rate cut by the European Central Bank (ECB).

GBP/JPY Technical Analysis

(158,00) The GBP/JPY formed a negative day reversal but only a daily closing below 158,45 will confirm a s/t top.

GBP/JPY Technical Analysis

(158,43) The GBP/JPY confirmed a negative closing while however still consolidating interior the inside day with 160,15 – 157,80 still the levels to follow.

GBP/JPY Technical Analysis

(158,70) The GBP/JPY formed on Friday a session of consolidation forming a new inside day with 160,15 – 157,80 the levels to follow.

GBP/JPY Technical Analysis

(159,24) The GBP/JPY confirmed a strong closing yesterday suggesting a direct 160 overshooting where it is however finding good resistance for now.

GBP/JPY Technical Analysis

(157,80) The GBP/JPY is still consolidating interior the inside day with 158,35 – 156,50 still the levels to follow in the coming hours.

GBP/JPY Technical Analysis

(157,75) The GBP/JPY is still consolidating interior the inside day with 158,35 – 156,50 still the levels to follow in the coming hours.

GBP/JPY Technical Analysis

(158,30) The GBP/JPY confirmed a strong closing last night above the 156,80 level supporting further upside potential toward 163,76, next m/t target!

Daily FX Wrap and Strategy

The NZD/USD’s probe back into the 80s continued overnight, fuelled by recovering risk appetite and improving sentiment towards the Chinese economy.