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USD/JPY: biased to gains through key 200 DMA - Scotiabank

FXStreet (Guatemala) - Eric Theoret, CFA, CMT FX Strategist at Scotiabank explained that Monday’s gains in USD/JPY were remarkably muted, failing above 120.50.

Key Quotes:

"Momentum indicators are neutral and trend signals are absent. We remain biased to gains above the 200 day MA 120.89 but acknowledge the potential for decline as observed with Friday’s short-lived plunge below 119.00."

More near term USD weakness in the pipeline - Westpac

Richard Franulovich, analyst at Westpac Banking Corporation explained that the combination of yet more soft US data - as hinted by tighter US financial conditions - along with catch up to a loss of yield support could see the USD index testing the lower end of its 2015 ranges, around 93-94 near term.
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EUR/USD: come on 1.1330 if you think you are bullish enough? - UOB

Analysts at UOB group explained that EUR/USd looks technically neutral.
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