Tag Archives: USD/JPY
USDJPY – wave-(4) support zone is 107.52/39
Strong support is surfacing between 107.52/39 anchored by the latest consolidation high from mid September.
Daily Technical Report
EUR/USD has broken the hourly resistance areabetween 1.2699 (02/10/2014 high) and
FX Daily
German trade data for August are due for release this morning and focus will be onwhether the solid increase of 4.8% m/m in exports in July marked the bottom.
USDJPY – triangle negated but a-b-c decline satisfied at 107.83
Our bull triangle interpretation was invalidated with yesterday’s move below 108.01 but the decline from
Daily Market Technicals
The rally from just short of the $1.2500 level continues with the EUR/USD now approaching the 21-DMA.
USD/JPY Analysis
The pair opened at Y108.09 and found an early lift to Y108.25 high as the US currency showed some signs of
Daily FX Update
The collapse in the U.S. 10‐year yield back to 2.34% (within range of the year‐to‐date low of 2.30%) and