Tag Archives: USD/JPY
FX Daily Majors
Today’s highlights: AUDUSD’s break above .9078/87 confirms a bullish “reverse head & shoulders” base, to target .9168/70 initially.
The Global Macro Pulse
G10 FX rates are largely unchanged in Asian trading ahead of US payrolls with EURUSD at 1.3858, AUDUSD at 0.9084 and USDJPY at 102.93.
UBS Morning Adviser
Fed’s Threshold Beckons UBS economics expects the US unemployment rate to fall to 6.5% today,
OZ more upside potential, EUR/NOK bullish turn
EUR/USD: The break above 1.3782 certainly got the bulls chargingahead breaking and closing above the 2008 top line as wellas outside the 55d Bollinger bands.
FX Daily
The main release today is US non-farm payrolls. We look for a rise of 145,000 but theestimate is extra uncertain currently due to the weather effect.
Daily Market Technicals
EUR/USD spiked higher and above the Bollinger band of $1.3847, which along with weaker hourly studies suggests room for a pause. However, the move helps establish the rising trend from February and
USD/JPY Analysis
The pair started this morning at Y103.06 while euro-yen opened at Y142.86, just off a Y142.91 high. With the euro marking strong gains since last night’s ECB decision and
USDJPY – min/max upside targets, (above 102.86) , are 103.15/104.35
The key pivot level is presenting itself as the market heads into payroll day, 102.86 was a low in Jan and then a high in Feb so a rally through there is needed to push the bull case in the near-term.
Daily FX Update
Markets have carried over from yesterday; with equities rallying (S&P reached a new high yesterday); the US 10‐year shifting higher (now up to 2.72%); volatility lower and the USD generally weaker.
FX Daily Majors
Today’s highlights: AUDUSD breaks its short-term downtrend, maintaining thoughts of a base, with a break above .9078/87 needed to confirm.
Daily Technical Report
EUR/USD has recently weakened near its keyresistance area between 1.3832 (25/10/2013high, see also the long-term declining trendline)and 1.3893.
FX Daily
The ECB meeting will be the main event today and we expect the ECB to ease policy. On Monday, ECB president Mario Draghi told the European parliament that thecurrent rate of