Tag Archives: USD/JPY

USD/JPY Analysis

A slow start for the JPY as Tokyo markets re-opened after a holiday Tuesday. Note, Japan is marking the so-called Golden Week holidays and as such market activity is relatively subdued.

Daily FX Update

Market is favouring risk leading into the NA open, with strong equities and a weak USD; CAD is the star performer, up 0.5% since yesterday’s close.

FX Daily Majors

Today’s highlights: NZDUSD has fallen to key price and “neckline” support at .8536/14, beneath which would see the expected better top.

Daily Technical Report

EUR/USD’s decline from 1.3906 (11/04/2014high) has stopped around the 50% retracementmeasured from the low at 1.3673 (04/04/2014).

The Global Macro Pulse

The EUR has climbed steadily to 1.386, back near to its NY high of 1.388. USDJPY is flat at 102.5 with little onshore activity due to a public holiday.

USD & JPY are going through soft patches and scandies get a breather Tuesday

EUR/USD: With support at the high end of the Fibo adjusted short-term”Ichimoku cloud” an attempt above 1.3865 is made. A shortterm127.2% Fibo extension ref at

UBS Morning Adviser

Eurozone inflation release and its currency implications Falling inflation in Europe has become the primary focus in EUR as the market speculates potential ECB QE.

FX Daily

In the euro-area a number of interesting data are due for release. Germany releasesCPI for April, starting with the first Länder CPI at 09:00 CET (Saxony).

Daily Market Technicals

EUR/USD took out the $1.3863 resistance level Monday before giving back some ground and finding support on the hourly time frame at $1.3840.

USD/JPY Analysis

Japanese markets are closed today for a holiday, also marking the start of Golden Week, which sees most Japanese businesses and trading houses closing shop for about a week ending next Tuesday.

Daily FX Update

Quiet start to what is likely to be very interesting week filled with data and central bank commentary. Markets are favouring risk on into the open, as equities are higher,

EUR/USD’s decline from 1.3906 (11/04/2014high) has stopped around the 50% retracementmeasured from the low at 1.3673 (04/04/2014). As a result, the short-term technical structure ispositive as long as the support at