Tag Archives: USD/JPY
Daily Technical Report
EUR/USD has broken the hourly resistance at1.3602 (10/06/2014 high). A short-term risetowards the resistance at 1.3677 (see also the38.2% retracement) is favoured as long as thehourly support at 1.3584 (19/06/2014 low) holds.
Technical Outlook For EUR/USD, USD/JPY, GBP/USD
EUR/USD: Correction higher has gained traction and the break above the 20 day ma is looking directional.
FX Daily
A pretty light day today in terms of data, with the only release of interest beingpreliminary euro area consumer confidence (16:00 CET),
Daily Market Technicals
Bulls take a little comfort from Thursday’s close above the 21-DMA which was the first since early May.
UBS Morning Adviser
Central banks target long-term economic potential The Federal Reserve and Norges Bank both surprised market expectations this week to the dovish side.
USDJPY – bear flag resolves lower and channel support gives way too
The base case for a move to the mid 103’s (to complete wave-D of a triangle) suffered a blow yesterday when $jpy broke lower from a bear flag.
USD/JPY Analysis
A quiet session for the JPY this morning with dollar-yen again struggling to make any headway through Y102.00
BNP Paribas – JPY View
For most of 2014, a catalyst for a significant move in USDJPY has been lacking, says BNP Paribas.
Daily FX Update
Yesterday’s Fed message was supportive of risk taking, driving equities to fresh highs, U.S. yields lower and a weak USD.
FX Daily Majors
Today’s highlights: AUDUSD has completed a bullish “reversal day” from its 55-day average, and we look for a retest of the June high at .9439.
Daily Technical Report
EUR/USD has broken the hourly resistance at1.3602 (10/06/2014 high). A short-term risetowards the resistance at 1.3677 is expected (seealso the 38.2% retracement).
The Global Macro Pulse
The overnight dollar fall was sustained in Asia. AUDUSD is steady at 0.9403, EURUSD is 1.3590, and USDJPY is 101.92.