EUR/JPY up TrendLine off May lows by 134 & oversold hourlies prompt rebound
Tuesday, May 19, 2015 12:39 PM UTC
- ECB jawboning, weak ZEW & resumption of EUR asset buy/hedging weighs on EUR/JPY
- Overbought bearish divergence sells on dailies & yield spread drop are bearish
- Markets repricing ECB QE flows, yield & EUR rebound impact on EUR econ Medium-Term
- Up TrendLine off May lows by 134 & oversold hourlies prompt rebound; 135.20-35 a fade
- Close below Tenkan at 135.22 may trigger a Kijun & 50% Fibo test at 131.52
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro- Major US Indices 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: NZD/USD sustains gains as uptrend remains strong 
FxWirePro: USD/CAD downside pressure builds, key support level in focus 
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206 
FxWirePro: GBP/NZD slide lower shifts pressure to the downside 
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support 
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro: USD/JPY dips below lower range, bearish bias increases 
FxWirePro: EUR/AUD force is with bears as pair hits low since June 11th 
