Tag Archives: USD/JPY

FX Daily Majors

Today’s highlights: EURGBP stages a bearish “outside day” to leave the spotlight on our core bear target zone at .7800/.7755.

EUR/USD made a big daily upper shadowyesterday, indicating persistent selling pressures.

The USD/JPY reached the 109 level earlier than our bullish forecast saw.

EURUSD traded flat at 1.2857, USDJPY softened to 108.6 and AUDUSD rose slightly to 0.8863 from its overnight low.

The pair opened at Y108.89 this morning while euro-yen started at Y139.89 and

Friday’s bearish close saw fresh 2014 lows to start the new week with bears firmly focused on the 2013 low at $1.2745.

The USD is weak as we approach the NA session, with early EUR gains driven by improved French confidence data,

Today’s highlights: USDCAD continues to hold trend support to leave the bias higher to

EUR/USD remains thus far unable to holdabove its previous lows, indicating persistentselling pressures.

The USD has softened against the major currencies. AUDUSD has risen slightly to 0.8895 from

Focus will be on flash estimates for PMIs. In the euro area we expect bothmanufacturing PMI and service PMI to

It’s been a thin market for the JPY with markets in Japan closed today for the Autumn Equinox holiday.