FxWirePro: Selling pressure driving EUR/JPY back towards cloud base
Monday, July 13, 2015 9:27 AM UTC
- EUR/JPY staged a remarkable recovery from the cloud base by 135.55 as "Risk on" sentiment drove the cross higher
- The pair peaked at 137.78, but was unable to sustain gains, where selling pressure brought it down to 136.48
- Funding currencies like JPY, CHF and EUR are being offered across the board after the Greek deal triggered a rally in the risk assets across the board
- EUR/JPY is currently trading at 136.65, 200-DMA by 136.48 offers immediate support, under which the cross could target the low of 136.15
- On the flip side, resistance is seen at 137.28 (Jul 10 high) and 137.80 (Jul 13 high)
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Major European Indices 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
