Tag Archives: USD/JPY
The Global Macro Pulse
The IDR was the big mover in Asia trading. USDIDR gapped lower on the open to 11513 before paring its gain to 11560,
FX Daily
US initial unemployment claims are expected to indicate a continued improvement inthe labour market.
Daily Market Technicals
After having found support on dips below the 21-DMA the past two days Wednesday’s rally sees immediate focus on layers of resistance $1.3669-1.3733.
USD/JPY Analysis
The pair opened at Y101.64 this morning while euro-yen started at Y138.64. Early dealings saw dollar-yen slip to Y101.59 and
USDJPY – 102.80/100.82 still represent key strategic levels
Prices did fall to and stall at the 101.50 area yesterday. If this does satisfy a deep wave-2, then confirmation will come via a rally back through 101.97.
Daily FX Update
Markets are quiet with most currencies having gained or lost between +/‐0.1% since yesterday’s NA close.
Daily Technical Report
EUR/USD is bouncing. The hourly resistance at1.3621 has been breached. However, wecontinue to favour an eventual decline towards the support at
The Global Macro Pulse
The USD strengthened in mid-day trading in Asia. USDJPY edged higher to 101.6, AUDUSD dipped towards 0.939 and
USDJPY – deep retracement still unfolding to ~101.50 (101.24 is critical)
The support cluster at 101.74 has given way and focus now shifts to 101.50 to contain this pullback.
FX Daily
The main event is the release of the FOMC minutes from the 17-18 Junemeeting, when policy makers trimmed the bond purchase programme by USD10bnfor the fifth consecutive gathering.
Daily Market Technicals
EUR/USD is now finding support ahead of the 21-DMA as it eyes the $1.3621-38 hourly resistance region.
USD/JPY Analysis
The pair started at Y101.57 this morning and went through last night’s US low of Y101.48, to a low of Y101.47 in early dealings following