By Masayuki Kitano TOKYO, July 29 (Reuters) - The euro dipped against the yen on Thursday, pulling away from a recent two-month high on selling by Japanese ...See all stories on this topic »
FOREX-Euro dips vs yen on Japan exporter selling
Source: www.reuters.com
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EUR/CHF Daily Outlook
Daily Pivots: (S1) 1.5072; (P) 1.5098; (R1) 1.5116; Further decline in EUR/CHF cannot be ruled out but after all, price actions from 1.5380 are treated as corrective in nature. Hence, downside should be contained above 1.5007 low and bring strong rebound. Nevertheless, break of 1.5231 resistance is...
I’m going long USD/CHF
Morning all. I guess I happiest when I’m short CHF. I’m initiating a long USD/CHF position which I will hopefully build between 1.0750 and 1.0820 with a profit target at 1.1450. I will give up below 1.0570. Citibank technicals issued a sell NZD/JPY strategy overnight as they see the...
GBP/USD Continues its Recovery after Positive Manufacturing Production
By Fast Brokers - The Cable has jumped over our 2nd tier downtrend line as investors celebrate a better than expected manufacturing...
Cross plays still the dominant factor
Same as yesterday morning, GBP and AUD higher with the USD, EUR and JPY lagging. I have important Fibo support in the EUR/GBP at .8490 which is holding thus far but a break should see a swift test of .8200/50. Both AUD/USD and cable are headed for re-tests of last weeks highs at .8260 and 1.6660...
Bearish momentum gaining in JPY crosses
What had started out as a very quiet day has turned into a bit of a rout on the JPY crosses. EUR/JPY is trading on its lows at 135.70 and dealers report lots of longs liquidating their positions. It seems there is no major news out to drive this but many see the IMF statement on Euro-zone banks as...