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Thomson Reuters
Jul 02 - 11:00 PM
Soggy EUR/USD Regardless, EUR/JPY Eyeing Break Up
First appeared on eFXplus on Jul 02 - 08:40 PM

  • Risk sentiment not so on but EUR/JPY buoyant, to break above Ichi cloud?
  • Daily Ichi cloud 128.51-129.05, in descent, cross 129.03-15 EBS so far.
  • Clean break above cloud targets descending 55-DMA up at 129.66.
  • EUR/JPY buoyancy despite soggy EUR/USD, JPY sales pick up, summer carries?
  • Some suggest Europe-Germany may have seen last of any negative news for now.
  • EUR/JPY looks good on hourly chart too, above Ichi cloud, 55-HMA at 128.83.

EUR/JPY daily: Click here

EUR/JPY hourly: Click here

Source:
Thomson Reuters IFR Markets

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