Forex-Metal Daily Analysis -20/11/2012
Technical analysis for 20.11
Tag: USDJPY
Daily FX perspective November 20, 2012 – GFM Research
The Dollar Index is trading at 80.90 with 81.00-81.20 ranges still acting as short term resistance from where is sold off during September last. The benchmark equity index (.DJIA) is trading at 12760 after slipping below the...
USD/JPY Forecast November 20, 2012, Technical Analysis
The USD/JPY pair fell during the session on Monday, but bounced in order to form a hammer. This hammer sits just below the 81.50 level, and can either be a supportive sign, or a “hanging man” if...
Daily FX perspective November 19, 2012 – GFM Research
The Dollar Index is trading at 81.25 with 81.00-81.20 ranges still acting as short term resistance from where is sold off during September last.
USDJPY Analysis – November 18, 2012
USDJPY breaks above 80.67 resistance, and continues its upward movement from 77.14, and the rise extends to as high as 81.45. Further rise could be expected after consolidation, and next target would be at 83.00 area.
USD/JPY Forecast November 19, 2012, Technical Analysis
The USD/JPY pair fell initially during Friday, but got a bounce and closed above the 81 handle for the week. This pair has broken out recently, and now that we are well above the 80.60 level, we...
Daily FX perspective November 16, 2012 – GFM Research
The Dollar Index is trading at 81.20 with 81.00-81.20 ranges still acting as short term resistance; the USD has traded mixed wherein it has lost more than 50 pips against the Euro and the Swiss Franc, about...
USD/JPY Forecast November 15, 2012, Technical Analysis
The USD/JPY pair got quite a boost on Wednesday as the Bank of Japan has made it well-known they do plan on extending their inflation target to roughly 3%. Because of this, they will be weakening the...
Daily FX perspective November 15, 2012 – GFM Research
The Dollar Index is trading at 81.20 with 81.00-81.20 ranges still acting as short term resistance after the FOMC meeting yesterday. The Dollar Index is expected to again find resistance at 81.00-81.20 ranges from where is sold...
USD/JPY Forecast November 14, 2012, Technical Analysis
The USD/JPY pair fell during the session on Tuesday as the bearishness in the marketplace overall continues. We still see this market as being stuck in consolidation and still recognize 79 as a bit of a “floor”...