Tag Archives: USD/JPY
Daily Market Technicals
Oscillation around the Bollinger band base ($1.3521) continues with the EUR/USD now consolidating ahead of the key $1.3503-12 support as daily studies approach O/S levels.
USD/JPY Analysis
JPY started on a strong note this morning following developments overnight, mainly the Malaysia Airlines crash in Ukraine and
Daily FX Update
A focus on the escalation of sanctions against Russia is weighing on broader market sentiment, providing for an outperfor-mance in JPY and
Daily Technical Report
EUR/USD declined further yesterday. Prices arenow close to the key support at 1.3503 (see alsothe long-term rising trendline from the July 2012low).
The Global Macro Pulse
Although EURUSD weakened slightly to 1.3528, AUDUSD rose a bit to 0.9359 from its overnight lows and USDJPY fell to 101.55.
FX Daily
It is a very light calendar today in terms of macroeconomic numbers. Focus will be oneuro-area inflation and US initial jobless claims.
Daily Market Technicals
The move lower saw EUR/USD close below the Bollinger band base ($1.3533) with the pair now consolidating ahead of
USD/JPY Analysis
The pair started the morning at Y101.67 and early trade was largely sideways with the pair sticking to a Y101.65 to Y101.71.
FX Outlooks & Strategies
EUR/USD: The break below 1.3575 has encouraged us to turn bearish particularly given the surge in daily volume. We are looking for a move lower toward the range low at 1.3500.
USDJPY – move to major resistance at 101.88/97 can complete wave-1
Our outlook asserts that 101.07 marked a wave-E of [4] low to complete the 2014 bull triangle.
Daily FX Update
The USD is strong after Chair Yellen suggested that the time line for interest rates could be different than what is currently priced in if there is a better than
Daily Technical Report
EUR/USD has broken the support at 1.3576,confirming a bearish bias. A further short-termdecline towards the key support at 1.3503 islikely.