The following are the weekly technical outlooks for EUR/USD, and USD/JPY as provided by TD Bank. EURUSD’s late week recovery from mid-1.35 area keeps the spot rate trapped between the 40-day and 100-day moving averages (1.3549/1.3649 respectively). The rejection of the 1.38+ levels through late 2013 and the break of the November/December bull trend remain the salient features of the daily chart from a bigger picture point of view and we remain of the opinion that the longer-term trend has topped out and should reverse. However, near-term signals are more neutral than anything—momentum is weak and indicative of a ... (full story)