Tag Archives: USD/JPY

USD/JPY Analysis

The pair started the day at Y103.18 after sucessfully breaking through Y103.00 in overnight dealings and trading a high of Y103.44 during the US hours.

USDJPY – wave-(e) lower expected after a-b-c rally satisfies wave-(d)

We were looking for a rally to 102.86 Friday but our call for a subsequent decline has been invalidated with the strong push higher. The move to 103.23 has touched the upper boundary of

Daily FX Update

Markets are adding to risk leading into an event filled week that begins with a speech by Chair Yellen, will conclude with nonfarm payrolls and

EUR/USD is trying to bounce near the supportat 1.3708. However, the underlying technicalstructure remains negative. Hourly resistancesfor a short-term bounce can be found at 1.3779(intraday high) and 1.3847 (25/03/2014 high).

FX Daily Majors

Today’s highlights: USDJPY above its 55-day average at 102.55/69 keeps the bias higher in the range to 103.64/76.

The Global Macro Pulse

EURUSD and USDJPY are flat to Friday’s New York closes at 1.3750 and 102.88 respectively, but AUDUSD nudged lower to 0.9233. EM Asia FX opened stronger against the dollar,

UBS Morning Adviser

Balancing inflation and growth in a challenging environment Last week Bangko Sentral ng Pilipinas (BSP) decided to hold rates,

FX Daily

In terms of data the main release is euro area inflation for March. We expect it todecline to a new cycle-low of 0.5% y/y mainly due to the timing of Easter.

Daily Market Technicals

The move lower continued Friday before bouncing a little from just below the 55-DMA ($1.3711). Initial resistance remains at the $1.3779 level on the hourly time frame with

USD/JPY Analysis

The pair witnessed a subdued session today, marking the end of the Japanese fiscal year within narrow ranges. Dollar-yen opened at Y102.96, just off Friday’s multi-session high of Y102.98 but

FX: USD wants tails

The market sentiment likely to stay positive, not in the USD favor. EURUSD may be copying previous months’ development around ECB meeting.

Weekly Economic & Financial Commentary

U.S. Review Hanging in There · Stronger consumer spending on services led the third estimate of