EUR/JPY dips to 100.3 JPY

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"It's clear the euro is under some pressure and just looking at how the bond markets are playing out this morning, with German and Spanish yield spreads widening, that is building uncertainty and negativity once again." 
- CIBC world markets (based on Reuters)

Pair's Outlook
Pair dipped to 100.3 earlier in the session today, but was dragged back in to the boundaries of the Bollinger band pretty quick. Pairs outlook remains neutral in the near term, however, the Stochastic indicator and  weekly technicals suggest we are on the brink of bullish rally and at the moment most pressure is coming from 200-day SMA.

Traders' Sentiment
Share of bulls in the market increased by 3% and at the moment they hold 53% of all position on the pair in the market. Share of pending buy orders did not change a bit since yesterday—54% are to go long.

© Dukascopy Bank SA
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Actual Topics

Tue, 13 Nov 2012 15:58:32 GMT

AUD/USD another session "in the green"

After dipping almost 30 pips, pair received a kick from weekly pivot at 1.0402 and currently is holding around 5 pips above opening price. At the moment is seems we will continue seeing such swingy sessions till the end of the week, but overall trend should remain bullish contained by Bollinger band and first major obstacle being at 1.0470.

Tue, 13 Nov 2012 09:40:33 GMT

USD/CHF makes a new high at 0.9505

USD/CHF pair eases its appreciation pace and a slope of uptrend becomes flatter, but the pair still makes new highs, as today it broke the previous one and peaked at 0.9505. Currently, the price approaches the 100-day SMA at 0.9503 and looks for a direction, as it is bounded by the 200-day SMA from the bottom and the 100-day SMA

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