Tag Archives: USD/JPY

FX Daily

In the US the main event is the release of retail sales for August. After somemoderation in retail sales in the previous month

Thursday’s rally again stalled ahead of initial resistance noted in the $1.2963-89 region.

The JPY ran into fresh weakness this morning in the Asia-Pacific,

USD/JPY – BULLISH BIAS – (104.80-108.00).

Concerns over China’s softening growth outlook are the focus for FX ahead of the NA session,

Today’s highlights: EURGBP’s aggressive bearish “outside” reversal at

EUR/USD is trying to bounce from its oversolddecline. The hourly resistance at 1.2988(05/09/2014 high) has held thus far.

NZDUSD fell to 0.8195 as the RBNZ kept its policy rate unchanged as expected, but lowered guidance.

EURUSD: The past three days price action has created a possible V-shaped bottom which together with 1)

A light data calendar again. Focus will continue to be on polls in connection with

Wednesday’s attempted recovery off 2014 lows traded marginally above the previous $1.2960 resistance level with

The pair seen a session of only marginal losses this morning in Asia, with dollar-yen keeping to the overnight ranges through today’s session.