Tag Archives: USD/JPY
USDJPY – > 102.14 clears daily down channel and hourly range highs
We can remove 2 of the alternate scenarios with a rally above 102.36 this week; at the point the large wave-[4] triangle will take precedence.
Daily FX Update
An expansionary and stronger than expected Chinese PMI of 50.8 has done little to support currencies; with the USD broadly stronger.
Daily Technical Report
EUR/USD has broken the key support areabetween 1.3673 and 1.3643. The short-termtechnical structure calls for further weakness aslong as prices remain below the resistance at1.3669 (27/05/2014 high).
AUD turning lower. SEK weakness takes a short pause
EURUSD: On a grander scale May probably became the turning pointfor the common currency given that the monthly candlebecame a very bearish key month reversal one arguing formore losses on a 3-4 months horizon.
The Global Macro Pulse
Although EURUSD is flat at 1.3627, weak building approvals data helped push AUDUSD down to 0.9265 and USDJPY pushed up to 102.03.
UBS Morning Adviser
Euro weakness or dollar strength? With the ECB likely to ease again on Thursday,
FX Daily
Although the market probably has its eyes on Thursday’s ECB meeting and Friday’sUS job report, the first day of the week is loaded with interesting key figure releases.
Daily Market Technicals
The $1.3644-69 resistance region remains key this week with bulls needing a close above to confirm an easing of bearish pressure and see immediate focus shift back to the 21 & 100-DMA’s.
USD/JPY Analysis
The pair started the week firmer at Y101.86 in Asia Monday, correcting higher from last Friday’s Asia low of Y101.48 and
Outlooks & Strategies For EUR, GBP, USD & AUD
The following are the latest outlooks and strategies for EUR/USD, GBP/USD, USD/JPY, and AUD/USD as provided by the Commonwealth Bank of Australia (CBA).
FX: price matters
Inflation is this week’s theme: May HICP and ECB’s revisions are key for EUR. The Market is sceptical about higher Fed funds rate projections, but a pickup in wage growth would cause repricing…