Tag Archives: USD/JPY

USD/JPY testing important support near 102.70

EUR/USD: The par was refused more than a blip below the Fiboadjusted short-term “Ichimoku cloud” Fri and there wassome bullish follow-through yesterday too. This pointtowards 11.3775 before down.

FX Daily

There are no big market movers today. The UK releases industrial production forFebruary, which is expected to show a moderate rise of 0.3% m/m.

UBS Morning Adviser

Risk-reward in dollar shorts falling The lack of positive reaction post US news has been a strong source of frustration for dollar bulls.

Daily Market Technicals

Following on from Friday’s dip below the 100-DMA the pair bounced back towards the $1.3753 resistance level to start the new week. Bulls need a close above $1.3753 to

The JPY witnessed a moderately active session this morning after opening at Y13.16 against the dollar and at Y141.67 vs the euro. Dollar-yen traded lower from the get-go as the US dollar broadly wilted,

Daily FX Update

The USD is mixed into the open with growth currencies underperforming and European currencies outperforming. Geopolitical risks are a core focus as is profit taking.

Daily Technical Report

EUR/USD is approaching the key support at1.3643 (see also the closest rising trendline),which could spur some short-term buyinginterest. Hourly resistances can now be found at1.3753 (02/04/2014 low) and 1.3820 (02/04/2014high).

The Global Macro Pulse

Dollar-G10 is essentially unchanged in Asian trading with AUDUSD at 0.9281, EURUSD at 1.3698, and USDJPY at 103.26.

UBS Morning Adviser

EM once again benefits from low US rate expectations EM currencies were again beneficiaries of falling US rates as weaker US data

FX Daily

A quiet start to a quiet week. German industrial production for February is the mainrelease today and is expected to rise 0.1% m/m following a strong increase of 0.8%m/m in January.

Daily Market Technicals

The move lower continued with the pair dipping below the 100-DMA. Resistance in the $1.3731-53 region is key with bulls needing a close above to ease the bearish pressure that dominated following the

Signals for a stronger yen. AUD/USD close to target

EUR/USD: The break of 1.3698 brought us down to a new cycle low butthere wasn’t enough supply to push prices down to the1.3643 key support.