Tag Archives: USD/JPY
USDJPY – confluence of targets align b/w 105.44/77
As opined, wave-4 completed at 103.56 and since we have seen prices move towards our “wave-1=5 target at 105.55”.
Daily FX Update
The most recent round of manufacturing PMI re-leases has provided for a tightened focus on the shifting global growth outlook,
FX Daily Majors
Today’s highlights: USDJPY’s surge above the 104.47 barrier keeps the immediate risk topside for strength towards 104.88/94 initially, ahead of 105.48/60 highs.
The dollar retains the upper hands
EURUSD: Price action may have muted yesterday, but direction remains quite clear.
FX Daily
Focus will be on the US ISM report. Last month’s report came out very strong,reaching a three-year high level of 57.1.
Daily Market Technicals
EUR/USD remains heavy after failing to make any kind of recovery to test the $1.3159 level to start the new week.
USD/JPY Analysis
A day in the spotlight for the JPY this morning after last night’s holiday thinned session due to US Labor Day holiday.
FX Majors Trading Strategies
EUR/USD: remains heavy after opening this week near the low from September last year.
USD/JPY Technical Analysis
USD/JPY still bounces off the 61.8% Fibonacci retracement at 103.66 hovering around the 104.13 April high, notes Commerzbank.
Daily Technical Report
EUR/USD continues to move lower and is nowclose to its key support at 1.3105 (06/09/2013low).