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EURJPY – Euro Facing Major Hurdle Near 122.00 Against Japanese Yen

Key Points

  • The Euro traded higher recently against the Japanese yen, but found sellers near 122.00-122.20.
  • The EURJPY pair traded lower after the failure, and moved below a bullish trend line at 121.95 on the hourly chart.
  • Today, the Japanese Read More →

Preview: EMU: German IFO – Barclays, SEB

Barclays:

SEB:

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*Times reported are Central European Time (CET)

Copyright © 2017 eFXplus™Original Article Read More →

EURUSD – Is This A Bearish Break In Euro To Dollar?

Key Points

  • The Euro recently traded higher but failed to break the 1.0770 resistance area against the US Dollar.
  • There was a bullish trend line broken at 1.0750 on the hourly chart of EURUSD, which can be seen as a Read More →

USD: Recovery Pending On Confirmation For Better Growth Data – BNPP

The USD has had a rough start to the year. While uncertainty over the new administration’s trade policies and its ability to implement fiscal plans may be one factor, the bigger issue for the USD, in our view, has been Read More →