Tag Archives: USD/JPY
Daily Market Technicals
ERU/USD managed an inside day to start the new week following Friday’s rally to fresh 2014 and 2.5 year highs. Bears are looking for a close below Friday’s low to ease the current bullish pressure and
USD/JPY Analysis
The pair opened at Y103.26 and spent most of the morning in a holding pattern ahead of the Bank of Japan’s monthly policy announcement.
Daily Technical Report
EUR/USD is challenging the strong resistancearea between 1.3832 (25/10/2013 high) and1.3893. An initial support lies at 1.3825(28/02/2014 high), while an hourly support canbe found at 1.3708 (05/03/2014 low).
FX Daily
Today’s data calendar is relatively light. France and Italy will release industrialproduction for January and provide important input on the direction of the overalleuro area industrial production data to be released on Wednesday.
UBS Morning Adviser
Short-rates dominant but long-spreads hard to ignore The ECB decision and payrolls release from last week had material consequences,
Daily Market Technicals
EUR/USD traded at fresh 2014 and 2.5 year highs on Friday with bears now needing to see a close below Friday’s low to ease the current bullish pressure and
USD/JPY Analysis
The pair started the session with a gap lower, to Y103.04 from Friday’s US close of Y103.26 while euro-yen also gapped down to a Y142.57 open vs Y143.33.
FX: EUR not done yet
With ECB rather relaxed about EUR, the US payrolls so-so, the only hope for USD now is if bad news from China escalate…
Weekly Economic & Financial Commentary
U.S. Review Still on Track • Nonfarm payrolls rose by 175,000 in February as employers looked past the nasty weather of late.
USDJPY – min target hit yesterday at bear flag resistance
Yesterday prices reached the minimum target that we proposed for the wave-(c) rally at 103.15 (high was 103.17). This was a symmetry target between the rallies in Feb & March as well as channel resistance.
Daily FX Update
The USD is weak entering the NA employment session as other asset classes are trading in relatively tight ranges. The focus today is nonfarm payrolls, how most are prepared to look through it on the back of weather.
Daily Technical Report
EUR/USD surged higher yesterday and is nowchallenging the strong resistance area between1.3832 (25/10/2013 high, see also the long-termdeclining trendline) and 1.3893.