Tag Archives: USD/JPY

Daily Technical Report

EUR/USD has broken the key support at 1.1640 and has moved below

The Nikkei extended losses to 0.8% and USDJPY dipped below 118 as BoJ refrained from cutting rates.

EURUSD: Direction stalled market in the starting blocks for ECB tomorrow and

We expect US building permits and housing starts to surprise on the upside.

This move higher off critical support is in line with our call for “a wave-D rally to 119/120”.

EUR/USD remains heavy but has so far failed to retest the fresh 2015 and

The pair opened at Y118.81 and the euro-yen at Y137.24 in Asia Wednesday,

China’s GDP comes in stronger than expected at 7.3%y/y but not strong enough to

EUR/USD has broken the key support at 1.1640 and has moved below

Today’s highlights: EURUSD stays bearish for 1.1212 next, with our core target at 1.0836/0765.

A generally better set of China macro data failed to boost AUD as it dipped towards 0.817.

EUR/USD over 1.1661 would hint of a near-term “Head & shoulders” bottom formation (ideally targeting 1.1820).