UBS: short-term FX forecasts
Here are UBS latest short-term trading strategies for EUR/USD and USD/JPY.
"EUR/USD: Stay short and add on move to 1.2440-50 with stops at 1.2510. We expect some buying interest around 1.2350 but sellers will be lined up above 1.2500.
USD/JPY: With demand on dips still likely, buy USDJPY around the overnight low of 117.60 with stops below 117.30, Friday's low."