Tag Archives: USD/JPY

Daily Technical Report

EUR/USD has faded near the resistance at1.2901. Monitor the hourly support at 1.2706(16/10/2014 low,

Today’s highlights: USDCAD trend stays higher to retest channel and

The USD weakened slightly against majors, with the exception of USDJPY, which rallied to 107.4.

EURUSD: With repeated bids in the 1.2705/47 area there’s still scopefor the pair to

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

The pair started at Y107.22 while euro-yen opened at Y136.51 and then marked early highs of Y107.24 and Y136.74, respectively.

The USD (DXY) reversed back to re-test the multiyear downtrend – will it?

Relief after yesterday’s strong data, commitment from some Fed members to

Today’s highlights: EURUSD continues to correct higher, but we still look for

EUR/USD made a large daily lower shadowyesterday, suggesting persistent short-termbuying interest.

G10 FX is little changed. EURUSD is sideways at 1.280 and USDJPY is essentially flat at 106.38.

Fundamentals are taking a bit of a backseat in the market and