Tag Archives: USD/JPY
Daily FX Update
The USD rally continues as EUR breaks towards 1.2600 and the DXY index breaks up to a four‐year high and above 86.00.
Daily Technical Report
EUR/USD has broken the strong support at1.2755 and is now testing the other one at1.2662.
FX forecast: in USD we trust
Both the speed and the size of the move in the USD have surprised us over the past month.
EUR/USD correction needed. USD/JPY bid while over 109
EUR/USD over 1.2715\25 would target at least 1.2656\65, but not if losing 1.2678 again…
Daily Market Technicals
The Bollinger band base appears to be limiting downside follow through but bears remain firmly in control as the EUR/USD hovers precariously above the Nov 2012 monthly low.
Near-Term NZD Outlook Nudged Lower On RBNZ Scorn
Last week, the market was blindsided by a surprise statement from RBNZ Governor Wheeler,
Daily FX Wrap and Strategy
The NZD has been the worst performing currency over thepast 24-hours, losing a further 1.1% relative to the USD.
USDJPY – sentiment, divergence supportive of 108.26/109.46 range
Wave-(iv) has been satisfied with a 3-wave choppy range since 9/18.
Daily FX Update
Rising concerns on global growth, driven by the Geneva Report, combined with the RBNZ’s confirmation that they have