EURJPY=X - EUR/JPY
| Previous Close | 118.49 |
| Open | 118.64 |
| Bid | 118.726 |
| Day's Range | 118.53 - 118.767 |
| 52 Week Range | 115.8680 - 133.0880 |
| Ask | 118.734 |
- FX Empire
EURUSD Holds Despite Germany’s Q2 Economic Contraction
The Euro is holding around the 1.11 level against the US Dollar, despite the announcement that Germany’s GDP contracted by 0.1 percent in Q2, suggesting that markets had already largely priced in the gloomy economic data ahead of the release.
- FX Empire
Three promising Trading setups, while waiting for the Jackson Hole symposium
The volatility on the market dropped recently and the reason for that seems to be in the Jackson Hole symposium later this week.
- FX Empire
More Reason for The ECB to Cut Interest Rates?
If there was any remaining doubt, the EU economic data released Wednesday has provided even further support to the view that the ECB will need to cut interest rates to a new record-low as early as September.
- FX Empire
Yen Set Sights on Dollar’s Throne As Risk Aversion Dominates
Risk aversion is dominating financial markets today after the Chinese Yuan weakened beyond the psychological 7.0 level for the first time since May 2008.
- FX Empire
EUR/JPY Bullish Above 122.00
- FX Empire
EUR/USD Daily Forecast – Euro at 2-Week Lows Ahead of Fed
Sellers have dominated EUR/USD for much of the first half of the month. The highly anticipated Fed meeting, scheduled later today, stands to change that, however, the bar has been set high.
- FX Empire
Gold Sinks to Fresh Weekly Lows as Dollar Bites Back
Gold stumbled to a fresh one-week low on Tuesday as cautious optimism over global trade developments boosted risk sentiment and dampened appetite for safe-haven assets.
- FX Empire
Gold Shoots Higher as Dollar Fumbles
Gold remains one the few bright spots across financial markets today amid ongoing US-China trade tensions, Brexit drama and concerns over slowing global growth.
- FX Empire
European Equities: The Majors will be at the Mercy of the Oval Office
Can the European majors avoid a sell-off? The futures markets are pointing to a positive open, which is in stark contrast to the U.S futures…
- FX Empire
Dollar Bulls Back in Driving Seat, But For How Long?
The Dollar Index (DXY) found comfort near a yearly high above 97.70 today, after a raft of strong US earnings in the previous session boosted confidence over the health of the US economy.
- FX Empire
Japanese Yen Tumbles as Risk Sentiment Rebounds
Global risk sentiment turned positive on Friday afternoon as mixed trade data from China eased concerns over slowing global growth. With investors back in the mood for riskier assets, the Japanese Yen which is considered as a safe-haven currency tumbled across the board.
FX EmpireEuro Tumbles as ECB Highlights Downside Risks
Dovish Draghi strikes again! The Euro fell by some 0.5 percent against the US dollar before recovering some of its losses, after the European Central Bank stood pat on monetary policy on Wednesday.
- FX Empire
EURJPY breaks from the triangle, again…
This piece is about the EURJPY. The last time we mentioned this instrument on Friday and not surprisingly we were right about the direction. On the 22nd of February, we were optimistic about the future of this currency because of the symmetric triangle and the flag. This is precisely what we said:
- FX Empire
Finally a Correction on Gold
What goes up, has to eventually go down. That truth can be currently seen on Gold, where we do have a strong bearish correction. The downswing did not start in a random place. Sellers attack precisely on the upper line of the channel up formation. Current drop is aiming the lower line of this pattern along with the horizontal level around 1315 USD/oz. Price getting there is almost certain as the current bounce is really small and it seems that sellers currently have all what it takes to fully control the situation.
- FX Empire
AUD/USD Dips After RBA Minutes Showed “Significant Uncertainties” on the Economic Outlook
According to the minutes, the Monetary Policy Board saw “significant uncertainties” on the economic outlook. It also said it saw scenarios where interest rates could eventually rise, or fall. Additionally, it said the probabilities around these scenarios were more evenly balanced than before.
- FX Empire
Three great Occasions with Euro
Today, three setups with the Euro. Two of them are bearish and one of them is bullish…at least for now.
- FX Empire
Bitcoin with New Monthly Lows. EURJPY Getting Ready for a Bigger Drop
Overnight, RBA Chief send the AUD lower with his, more than expected, dovish tone. That was quite surprising, especially that after the statement shown yesterday, AUD got stronger. For us, it is important because AUD dragged NZD lower and we had a very interesting position on the EURNZD.
- FX Empire
Technical Outlook For USD/JPY, EUR/JPY, AUD/JPY & CAD/JPY: 17.01.2019
USDJPY’s pullback from 109.10-20 is less likely to signal the pair’s weakness unless a sustained drop beneath three-week-old upward slanting trend-line, at 108.40 now, takes place on the four-hour chart. If the pair slip under the 108.40, the 107.70, the 107.00 and the 106.70 support-levels may gain sellers’ attention. Meanwhile, clear break of 109.20 enables the pair to aim for the 109.50 and the 110.00 resistances. In case prices manage to extend its up-moves past-110.00, the 110.25-30 seems crucial to watch as it holds the gate for the pair’s rally to 110. ...
- FX Empire
3 great setups on Wednesday. EURJPY, AUDNZD and GBPAUD
On Wednesday we have for You good setups on the EURJPY, AUDNZD and GBPAUD.
