The USD/JPY pair had a bullish session on Friday as the US employment numbers came out at 165,000 jobs added for last month. The pair did Spike above the 78.60 level that we have been watching as...
USDJPY is in downtrend from 80.61. Deeper decline to test 77.66 support could be expected next week, a breakdown below this level will target 76.00 area. Resistance is now at the upper line of the price channel...
The USD/JPY pair fell during the session on Thursday as the “risk off” trade came back into play. This was predicated by the ECB and its lack of monetary policy after the meeting. However, this pair is...
Market review for 01.08.12: The Fed of U.S. did not announced any new steps for supporting the National economy.
Market review for 31.07.12: The unemployment rate of Japan unexpectedly fell in June.
USD/JPY rallied during the Tuesday session, but failed in the end. The resulting daily candle is a shooting star, and as a general rule we would be very interested in selling this market. However, we see the...
The USD/JPY pair may be on its way down to retouch the 77.70 lows. This could be the final 5th Elliot wave of a 5-wave move which started in June. There was a false break back into...
The USD/JPY pair fell during the Monday session, to approach the 78 handle yet again. The level does however look like it’s been defended by the Bank of Japan judging by recent action.
Market review for 30.07.12: The markets in anticipation of the ECB and Fed of U.S. meetings.
Market review for 23 – 27.07.2012
