Tag Archives: USD/JPY

Daily Market Technicals

Layers of resistance remain in the $1.2226-1.2302 region with bulls needing a

JPY started the final week of 2014 with continued weakness this morning even as

Layers of resistance remain in the $1.2226-1.2302 region with bulls needing a close above

A subdued session in the Asia-Pacific today with some of the region still out for Boxing Day.

Entering a major holiday period, liquidity constraints is likely to be the core theme today.

EUR/USD has declined further to 1.2165 and resulting rebound feels weak.

The EUR/USD remains heavy after again trading at fresh 2014 lows with bears firmly focused on

Limited flows seen in the JPY this morning with dollar-yen rising close to its overnight highs but failing to break.

Markets are holding on to yesterday’s risk appetite that saw the S&P flirt with fresh highs,

Today’s highlights: EURUSD trend stays bearish to test the 2012 low at 1.2042.

EUR/USD has declined further below support at 1.2247 to 1.2217(yearly new low).

EURUSD: The upmove has been extended to and beyond the 2009 high of 89.62.