Tag Archives: USD/JPY
FX Daily Majors
Today’s highlights: GBPUSD has broken higher again to test trendline resistance at 1.7126, with our core target still at 1.7332.
Daily Technical Report
EUR/USD has broken to upside out of itshorizontal range defined by 1.3503 and 1.3677. The short-term bullish momentum is intact aslong as the hourly support at 1.3651 (previousresistance) holds.
The Global Macro Pulse
The pro-cyclical theme saw the dollar’s weakness extend, predominantly to the benefit of AUDUSD,
UBS Morning Adviser
Compared to the RBA, the RBNZ has a bigger problem with valuations It is now well in the price of both the AUD and NZD that heading into
FX Daily
While ISM manufacturing has recovered a lot from the winter lows, we believe it canimprove a bit further in the short term before moderating in Q3.
Daily Market Technicals
Recent bullish pressure resulted in a break and close above the 200-DMA on Monday with the ERU/USD now hesitating ahead
USD/JPY Analysis
JPY started this morning’s session at Y101.32 and spent the early hours between Y101.30 and Y101.36 in quiet dealings.
JPY Outlook & Forecast
Past JPY weakness to help One of the major disappointments for Japan over the past few years was the rapidly deteriorating trade balance,
Daily FX Update
A slew of event risk in the next 12‐hours—with quarter‐end rebalancings, China’s PMIs, Japan’s Tankan and the RBA meeting have left markets vulnerable.
The Global Macro Pulse
Consistent with the overall pro-risk tone, the dollar lost ground against Asian currencies.
FX Daily Majors
Today’s highlights: USDCAD spotlight remains firmly fixed on key medium-term support at 1.0650/00.
Daily Technical Report
EUR/USD continues to move towards the highof its horizontal range defined by 1.3503 and1.3677. Monitor the test of the hourly resistanceat 1.3644/1.3651.