Tag Archives: USD/JPY
Daily FX Wrap and Strategy
The NZD/USD has been tightly range-bound over the past24-hours. It sits little changed at 0.8620 this morning.Overall, currency markets traded without too much dramaovernight, and the NZD was no exception.
This week the scorecard recommends buying GBP…
This week the scorecard recommends buying GBP, NZD and CHF while selling NOK, AUD and USD.
USDJPY – hourly channel resistance & uptrend break suggest pullback
Again price have held above the key 101.33 level and momentum has created a bullish double bottom at the key 40 zone. Without a move below these levels,
Daily FX Update
FX markets are mixed, with growth currencies outperforming and safe havens weak. Equities are generally firmer and the U.S. 10‐year yield is up to 2.64%.
Daily Technical Report
EUR/USD has declined sharply after its bearishreversal near the key resistance at 1.3967. Thesupport at 1.3780 has been broken. A keysupport lies at 1.3673 (see also the rising wedge).
Supports for patient JPY-bears
Japanese institutional investors were net buyers of foreign securities by¥211.1bn in April, the highest level since August 2010. Broken down byinvestor type,
The Global Macro Pulse
The USD was broadly stable against major crosses. EUR was unchanged at 1.376 and AUD held in at 0.936. USDJPY rose slightly to 102.05 following a weaker-than-expected Japanese current account release but
UBS Morning Adviser
This move is not over With EURUSD having already shed about 1.2% since Thursday’s ECB press conference,
FX Daily
Today we have a very light calendar in terms of data releases but there are someinteresting central bank speeches. ECB’s Constancio,
Daily Market Technicals
The sharp move lower to end the week and the close below the $1.3771 previous support has seen immediate focus shift to the 100-DMA which is currently supporting.
USD/JPY Analysis
JPY opened at Y101.88 this morning while euro-yen started at Y139.99. Early dealings saw yen pairs confined to narrow ranges as dollar-yen marked a Y101.79/90 range while the cross traversed a Y140.07 to Y140.18 range.
FX: not there yet
Draghi did it. A strong correction in the EURUSD is not a change in trend, but the trend support is near…