EUR/JPY stays range-bound

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
"The euro's probably a bit too much on the high side. The European economy's weak, they've got low inflation and they've got a central bank that has an easing bias."
- Commonwealth Bank of Australia (based on Bloomberg)

Pair's Outlook

Today could be the eighth day during which EUR/JPY trades within the horizontal channel formed by the 55-day SMA at 129.88 from above and the monthly pivot point level at 128.57 from below. The lower boundary of the corridor is also reinforced by the 100-day SMA and the up-trend trend-line that together safeguard bullish outlook on the pair.

Traders' Sentiment
There were no changes with respect to the SWFX traders' sentiment towards EUR/JPY. As previously, there is a small 10% advantage of bears over bulls. Meanwhile, the difference between the amounts of buy (51%) and sell (49%) orders placed on the pair nearly vanished.
© Dukascopy Bank SA
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Actual Topics

Fri, 12 Jul 2013 15:08:10 GMT

AUD/USD heading towards 0.8905/0.8893

AUD/USD slipped beneath 0.9184/72 yesterday, but today is already trading under the weekly pivot point level around 0.9022/0.8967, the current location of the lower Bollinger band and the weekly S1.

Fri, 12 Jul 2013 08:17:21 GMT

USD/CHF found support with the 100-day SMA

Yesterdays moves gave signals that after a 300 pip sell off pair could depreciate even further.

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