Tag Archives: USD/JPY

Daily Market Technicals

The continued failures at the $1.2845 level confirm its significance as resistance with bulls needing a close above to add support to

The pair started at Y107.00 in Asia Wednesday, early demand lifted the rate to Y107.12 before recovery lower to

Markets are nervous but on stronger footings. Leading into the NA session equities are firmer, the U.S. 10‐year is at 2.2%,

Today’s highlights: GBPUSD extension through 1.6138/48 keeps the bias higher to

EUR/USD continues to be well supported, ascan be seen by the succession of higher lowssince the one at 1.2501.

News of a portfolio reallocation at the Government Pension Investment Fund (GPIF) seems to

In FX, AUD leaped above 0.88 and EUR rebounded to 1.280 post the China data.

EURUSD: The Oct12-21 contracting range looks like a just broken Triangle,

Another quiet day on the data front. Only number of interest will be US existing homesales, which is expected to have stabilised over the summer.

The recent hesitation at the $1.2845 level is a concern with bulls needing a close above to add support to the case for

The pair traded a Y106.78 to Y107.01 range during the NY session last night before closing just below the high at Y106.95.

Entering the NA session markets appear nervous, equities are pointing to a negative open,