The following are the weekly technical outlooks for EUR/USD, and USD/JPY as provided by TD Bank. EUR/USD’s gains have extended to the low 1.38 area today, the high of the year and a pinpoint test of the bull channel in place since the start of Q3. Trend momentum signals remain bullishly aligned across a range of timeframes but, with trend channel resistance holding, the slow stochastic studies into overbought territory and daily price action signalling a stall (doji candle), near-term risks are perhaps shifting towards a modest correction in the short-term. We spot key short-term support at 1.3645/50, though the ... (full story)