Tag Archives: USD/JPY
Daily Market Technicals
EUR/USD continues to consolidate below the 100-DMA while remaining supported ahead of the 200-DMA. Bulls need to see a close above the 100-DMA to
USD/JPY Analysis
JPY started at Y101.33 against the dollar this morning and at Y138.83 against the euro, and spent the early hours of the session stuck in narrow ranges.
Daily FX Update
FX markets are quiet; risk aversion is the core theme in what is likely to be a relatively subdued week. News flow has focused on the implementation of Thai martial law,
FX Daily Majors
Today’s highlights: EURUSD spotlight remains on key support at 1.3643/30, below which is needed to add weight to thoughts of a larger top.
Daily Technical Report
EUR/USD has made a bullish intraday reversalnear the key support area between 1.3673 (seealso the long-term wedge formation) and 1.3643(see also the 200 day moving average).
The Global Macro Pulse
USDJPY has continued to edged higher to 101.57 after failing to break meaningfully below 101.20 overnight. The AUD remained under pressure, dipping below 0.93,
UBS Morning Adviser
The Increasing Influence of Commodity Prices Iron ore’s drop below US$100/tonne comes at vulnerable time for the Australian dollar,
FX Daily
Not much on the global agenda today. UK CPI is expected to rise to 1.7% y/y from1.6% y/y, which would mark the first increase in more than a year.
Daily Market Technicals
EUR/USD continues to consolidate below the 100-DMA after having traded down to fresh 3 month lows last week. Bulls need to see a close above the 100-DMA to
USDJPY – bear flag breakdown along with RSI 40 break => 99.47…97.69
From a classic pattern perspective, $JPY is resolving a 3+ month bear flag and the projection targets are 99.47 & 97.69.
USD/JPY Analysis
A subdued morning for the Japanese currency, with dollar-yen stuck in a narrow range while euro-yen enjoyed a mild stop-loss driven move higher early in the session.
Daily Technical Report
EUR/USD has made a bullish intraday reversalnear the key support area between 1.3673 (seealso the wedge formation) and 1.3643 (see alsothe 200 day moving average).