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Thomson Reuters
Sep 05 - 11:00 PM
EUR/USD Up But EUR/JPY Steady, In Crossfire With USD/JPY
First appeared on eFXplus on Sep 05 - 08:50 PM

  • USD/JPY and EUR/USD back to moving in opposite directions, as should be
  • EUR/JPY in crossfire as long USD positions pared against both JPY, EUR
  • EUR/JPY range in Asia 129.64-81 EBS, on hold under daily Ichi cloud top
  • Daily cloud top 129.85 today, brief push above yesterday, high 129.97
  • Cross likely more steady than not today on USD/JPY, EUR/USD flows
  • Support from flat daily tenkan at 129.59, 200-HMA 129.51, 100-DMA 129.41

EUR/JPY: Click here

EUR/JPY hourly: Click here

Source:
Thomson Reuters IFR Markets

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