Tag Archives: USD/JPY
Daily Technical Report
EUR/USD declined sharply yesterday,completely erasing Wednesday’s gains. A furtherdecline towards the support at 1.3503 is
We Stay Long USD/JPY
USD/JPY will likely break out of its recent range to the upside, projects BNP Paribas.
The Global Macro Pulse
USD stabilized against majors. EUR traded just above 1.36, while USDJPY again found support around 101.30.
Portugal ignites EZ worries
EZ worries escalated yesterday (the €stoxx bank index having been the canary in the mine) with accelerating losses in the equity markets.
USDJPY – b/l 101.24 lows shifts focus to next key level at 100.82
We have promoted the idea that a large bull triangle ended at 101.24 on 6/30;
FX Daily
With a very light calendar focus will be on the fate of Banco Espirito Santo(BES) in Portugal.
Daily Market Technicals
EUR/USD was unable to capitalize on recent bounces with the sharp reversal lower Thursday seeing the immediate focus
USD/JPY Analysis
JPY opened at Y101.34 this morning, off last night’s US high of Y101.37 while euro-yen started at Y138.
FX Daily Majors
Today’s highlights: NZDUSD’s extension above .8795 keeps the spotlight higher on medium-term resistance at .8845/61.
Daily FX Update
Disappointing economic data from China and Eurozone and concerns over the banking sector in Portugal have weighed on market into the open.
Daily Technical Report
EUR/USD rose significantly yesterday.However, we continue to favour an eventualdecline towards the support at 1.3503 as long asprices remain below the resistance at 1.3664(03/07/2014 high).