Tag Archives: USD/JPY
Daily FX Update
Speculation is rising that China is on the verge of stimulative policies to support growth; while next week holds significant risk in releases and central bank policy.
Daily Technical Report
EUR/USD has breached the support at 1.3749,confirming persistent short-term sellingpressures. An hourly support lies at 1.3708, whilea key support stands at 1.3643.
The Global Macro Pulse
AUD and NZD rose strongly on the open, the former hit a high of 0.929 and the later surged to 0.869. Both have since retraced to 0.926 and 0.867 respectively.
FX Daily
In Europe, preliminary March HICP inflation data from Spain and Germany aredue today. This will give us the first indication on the important euro-area inflationfor March to
UBS Morning Adviser
Glass is edging towards half full for Norges, but nothing more The krone’s robust performance on Thursday suggests the market believe Norges’ narrative is
Daily Market Technicals
The break below $1.3749 on Thursday confirms the bearish pressure with focus now having shifted lower to layers of support in the $1.3643-1.3722 region which includes key moving averages,
USD/JPY Analysis
The pair traded sideways in a narrow range this morning, locked in by decent orders on either side of the market. Dollar-yen opened at Y102.18 and was initially held up near Y102.20 in
USDJPY – bull flag sets stage for wave-c of (d) rally towards mid 103’s
The wave-b pullback from 102.65 has completed, a rally to 102.86 and then the mid 103’s can complete wave-c of (d) of the larger 3+ month triangle.
Daily FX Update
Markets are relatively quiet the biggest movers in FX have been rallies from NZD and NOK and general weakness in the other European currencies (ex-NOK).
Daily Technical Report
EUR/USD has failed to confirm its move abovethe resistance at 1.3845 (20/03/2014 high). Pricesare now declining towards the support at 1.3749.Another support stands at 1.3643.
The Global Macro Pulse
In FX, AUD continued to climb to 0.9237. EUR was largely unchanged at 1.3785, while USDJPY found some support at 101.72 and rallied all the way to 102.15.
UBS Morning Adviser
Investor patience being tested Foreign investors in Japanese stocks are mostly still holding their nerve,