The USD/JPY pair both rose and fell during the session on Wednesday as the market continues to try and find support in this general vicinity. The area below is almost on certainly been manipulated by the Bank...
Amidst most of the asset classes especially the equities correcting the Dollar Index appreciated to currently trade at 79.84. Further fall in the Greenback is expected only on the Dollar Index consistently trading below 78.00 ranges.
The USD/JPY pair fell during the session on Tuesday as the 78 handle has been solidly broken. However, it does look like a little bit of support came late in the day. This particular pair is a...
Market review for 24.09.12: There were disagreements between European leaders.
The USD/JPY pair fell during the session on Monday in order to break down through the 78 handle again. This is another test of the resolve out of Tokyo by the Bank of Japan, and as such...
Non eventful day contributed to dull trading in most of the FX Pairs. The Dollar Index is trading flat at 79.55 after finding support at 78.70 ranges; further fall in the Greenback is expected only on the...
Market review for 17 – 21.09.2012
The Dollar Index is trading firm at 79.60 after finding support at 78.70 ranges; further fall in the Greenback is expected only on the Dollar Index consistently trading below 78.00 ranges.
Being contained by the resistance of the downward trend line from 80.61 to 79.65, USDJPY pulled back from 79.21. However, another rise to test the trend line resistance would likely be seen, a clear break above the...
The USD/JPY pair initially trying to rise during the session on Friday, but fell in the end to form a bit of a shooting star. However, we are sitting just above the 78 handle which of course...