04 Sep 2012: Daily FX perspective by GFM Research

by gfmresearch.com | September 4, 2012 7:13 am
The Dollar Index is currently trading near the critical support of 81.00 ranges to currently trade at 81.13 the short-term trend is still range bound between 81.00 and 82.10; only daily close below 81.00 would lead to...

USD/JPY Forecast September 4, 2012, Technical Analysis

by FX Empire | September 4, 2012 6:24 am
The USD/JPY pair had a fairly quiet session during the Labor Day holiday in the United States on Monday. The pair currently sits within the band of support that we have been paying attention to between 78...

USD/JPY Forecast September 3, 2012, Technical Analysis

by FX Empire | September 3, 2012 7:14 am
The USD/JPY pair fell during the session on Friday, but bounced about 20 pips in order to form a hammer shaped candle. We are still within the supportive zone from 78 to the 78.75 level, and as...

03 Sep 2012: Daily FX perspective – GFM Research

by gfmresearch.com | September 3, 2012 6:24 am
On Friday, the US Dollar depreciated off the European session highs to close just above the critical support of 81.00 ranges to currently trade at 81.23 the short-term trend is still range bound between 81.00 and 82.10;...

USDJPY Analysis – September 2, 2012

by ForexCycle.com | September 2, 2012 6:12 am
USDJPY is facing 77.92 support, a breakdown below this level will indicate that the downtrend from 84.17 has resumed, then further decline to 76.00 area could be expected. Key resistance is now at 79.65, only break above...

USD/JPY Forecast August 31, 2012, Technical Analysis

by FX Empire | August 31, 2012 7:09 am
The USD/JPY pair fell during the session on Thursday, but bounce slightly to form a hammer just above the 78.50 level. The pair is currently sitting on the upper end of a large support area from 78...

31-Aug: Daily FX perspective – GFM Research

by gfmresearch.com | August 31, 2012 5:54 am
The US Dollar is still trading flat at 81.64 with 81.00-81.20 acting as support and 82.10-82.30 acting as resistance; only daily close below 81.00 would lead to further depreciation in the USD across the board. The benchmark...

USD/JPY Forecast August 30, 2012, Technical Analysis

by FX Empire | August 30, 2012 6:36 am
USD/JPY had a fairly quiet session on Wednesday as the support area down to the 78 handle continues to hold the market up. This area seems to be rather strong, and as we know that the Bank...

30-Aug: Daily FX perspective – GFM Research

by gfmresearch.com | August 30, 2012 6:36 am
The US Dollar is trading flat at 81.54 with 81.00-81.20 acting as support and 82.10-82.30 acting as resistance; only daily close below 81.00 would lead to further depreciation in the USD across the board.