Tag Archives: USD/JPY
FX Daily Majors
Today’s highlights: USDCHF above the key .9038 high reinforces the base, and opens up a move to the 38.2% retracement barrier at .9135.
Daily FX Update
Markets are quiet heading into the NA session, lack-ing a catalyst in the absence of data releases and geopolitical develop-ments.
Daily Technical Report
EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and 1.3477(03/02/2014 low), confirming an underlyingdowntrend.
The Global Macro Pulse
Asian currencies were range bound with few domestic data to dictate direction. KRW initially strengthened 0.3% before retracing gains.
USD/JPY Technical Analysis
In USD/JPY, Commerzbank notes that the rebound last week from its 101.16 55 week m.a took it to cloud resistance on the daily chart, where the move halted.
FX Daily
Silence before the storm today as there are no big key figures in an otherwise verybusy week. Only release of interest is US pending home sales,
Daily Market Technicals
Fresh 2014 and 8 month lows continued for the euro Friday before the EUR/USD found support at the key 200-WMA with a weekly close below not seen since Sept 2013.
USD/JPY Analysis
The pair started the week at Y101.78 in quiet Asia from Friday NY’s range of Y101.73 to Y101.94 while euro-yen opened at Y136.75 from NY’s range of Y136.66 to Y137.05.
Weekly Economic & Financial Commentary
U.S. Review Inflation Rising, Housing Not so Much • Despite the acceleration in consumer prices,
Weekly Report
How far away are more normalised monetary policies? As price stability is the main goal for central banks,
FX Daily Majors
Today’s highlights: USDCHF above the key .9038 high should reinforce the base and target the 38.2% retracement of the 2013/2014 fall at .9135.