Tag Archives: USD/JPY
Daily Technical Report
EUR/USD made a bullish intraday reversalyesterday (hammer). Coupled with the proximityof the key support at 1.3296,
FX Daily Majors
Today’s highlights: USDJPY ideally holds above price support at 101.78/70 to keep the immediate risk higher.
The Global Macro Pulse
AUD underperformed in Asia trading, down 0.6% to 0.928 on the back of a weak employment report.
Dollar correction. AUD heading for a downside break
EURUSD: Yesterday’s spring bottom (false downside break) certainlyargues for having entered an upside correction phase.
FX Daily
The main event is the ECB Governing Council meeting where we expect the ECB toremain on hold.
Daily Market Technicals
The bounce from fresh 2014 and 9 month lows Wednesday has seen initial support develop on the hourlies at $1.3378 but
USD/JPY Analysis
A mildly active session for the JPY this morning, mostly with dollar-yen reversing part of its wild overnight moves,
USDJPY – wave-(4) correction support at 102.27/21 pivot/channel zone
The rally from 101.07 is strong has satisfied 3 of the requisite 5 waves for an impulsive rather than corrective rally.
Daily FX Update
Rising geopolitical risk, a dampened outlook for Europe, strong data from the U.S. and building expectations for
Daily Technical Report
EUR/USD has failed to break the hourlyresistance at 1.3444 (28/07/2014 high). Thesubsequent new (marginal) lows confirm anunderlying downtrend.
FX Daily Majors
Today’s highlights: NZDUSD has broken below key support at .8458/43 and we stay bearish for a challenge of .8402. Below here would complete a larger top towards .8259/42.
The Global Macro Pulse
G10 FX was more subdued, but AUDUSD and EURUSD drifted down to 0.9299 and 1.3369 respectively while