Tag Archives: USD/JPY
Daily Market Technicals
ERU/USD managed another brief pop above the 21-DMA but fell short of last week’s high before heading sharply lower and managing a relatively bearish close.
FX Daily
Outside Scandinavia we have a relatively light calendar today. In the euro area bothFrance and Italy will release industrial production (IP) for April,
USD/JPY Analysis
JPY started at Y102.53 in Asia Tuesday from US session of Y102.39-Y102.59, the spot made a minor bounce to daily high of Y102.57 before sliding down to session low of Y102.30.
Daily FX Wrap and Strategy
The NZD/USD sits only fractionally lower this morning, at0.8490, having touched intra-night around 0.8530.
FX Daily Majors
Today’s highlights: EURUSD remains capped below 1.3688/90 – price resistance and 38.2% retracement of the decline from May – leaving the risk marginally lower.
Daily Technical Report
EUR/USD made an intraday bullish reversal lastThursday, indicating exhaustion in the short-termselling pressures. Resistances can now be foundat 1.3688 (22/05/2014 high) and 1.3734(19/05/2014 high).
UBS Morning Adviser
Two days of sharply lower fixings raise questions on further RMB weakness Following Friday’s sharply lower official USDCNY mid-rate fixing
FX Daily
Today’s data calendar is rather thin. The only releases due in Europe are the SentixInvestor Confidence survey and Spanish house price index.
Daily Market Technicals
The EUR/USD popped above the 21-DMA ($1.3660) before closing back below and consolidating below to start the new week.
USDJPY – wave-(4) bull flag targets 103.08, 103.60
Yesterday’s intraday IB updates focused on the near-term wave-(4) consolidation. The pattern from 100.82 is a very clean impulse so far and
USD/JPY Analysis
JPY started the week at Y102.51 from a NY range of Y102.12-Y102.61, euro-yen opened at Y139.87 in Asia while NY traded a range of Y139.50-Y139.92.