USDJPY Analysis – January 6, 2013
USDJPY remains in uptrend from 77.14, and the rise extends to as high as 88.40. support is now at 87.00, as long as this level holds, the uptrend could be expected to continue, and next target would...
Tag: USDJPY
USD/JPY Forecast January 7, 2013, Technical Analysis
The USD/JPY pair had another strong session during the day on Friday, as the nonfarm payroll numbers of the United States came in right at consensus.
USD/JPY Forecast January 4, 2013, Technical Analysis
The USD/JPY pair initially fell during the session on Thursday as the majority of the markets looked to take profit in trades that have worked out well recently. However, we bounce quite a bit and formed a...
Daily FX Perspective January 04, 2013 – GFM Research
Market Commentary The Dollar Index continued appreciating after finding support at 79.00 ranges to currently trade at 80.75 with 81.20-81.50 acting as short term resistance. As against historic inverse correlation between the benchmark equity index of the...
USD/JPY Forecast January 3, 2013, Technical Analysis
The USD/JPY pair rose during the session on Wednesday as the “risk on” rally continues. The U.S. Congress came up with a “fiscal cliff” agreement that keeps the United States dollar recession for the short-term.
Daily FX Perspective January 02, 2013 – GFM Research
Market Commentary The US Dollar traded mixed on the last day of 2012 wherein it has depreciated against the Cable and continued appreciating against the Yen and traded flat against the Euro, Swiss France and the Aussie....
USD/JPY Forecast January 2, 2012, Technical Analysis
The USD/JPY pair managed to gain rather significantly during the shortened Monday session as word got out that the lawmakers in Washington DC may perhaps be coming close to a deal with the fiscal talks. As you...
USDJPY Analysis – December 29, 2012
USDJPY’s upward movement from 77.14 extends to as high as 86.63. Further rise could be expected after consolidation, and next target would be at 88.00 area. Support is at 85.50 followed by 84.50, as long as these...
USD/JPY Forecast December 31, 2012, Technical Analysis
The USD/JPY pair fell during the Friday session as the rally finally took a break. The gap from earlier in the week still has not been close, and this could be the beginning of that attempt. However,...
USD/JPY Forecast December 28, 2012, Technical Analysis
The USD/JPY pair had another bullish session on Thursday as we continue to climb at a parabolic rate. However, there are many out there who are repricing the monetary policies of both central banks involved in this...