The USD/JPY pair fell on Thursday as the “risk off” trade continues to rock the markets. The Non-Farm Payroll numbers come out later today, and if the number is strong, this pair could see a nice bounce.
The USD/JPY pair had a bearish day on Wednesday as the fears of a global recession came back into the markets. With the fears coming out of Europe, there is rampant speculation that the Fed will have...
The Greek banks received a total of 18 billion Euros as the second program of assistance to Greece from the EU and the IMF.
The USD/JPY pair had a slightly bearish session on Tuesday as the market continues to grind sideways. This pair is going to be heavily influenced by the Friday Non-Farms Payroll report, so consolidation is probably going to...
Technical analysis for 29/05
The USD/JPY pair fell for much of the low volume holiday session on Monday, but did manage to bounce just a bit. The lack of volume in America will have us waiting for further confirmation, but the...
The USD/JPY pair did absolutely nothing during the Friday session as the markets had low volume. The pair is currently sitting right at the 200 day exponential moving average, and as a result seems fairly balanced at...
USDJPY stays below a downward trend line on daily chart, and remains in downtrend from 84.17. As long as the trend line resistance holds, downtrend could be expected to continue, and next target would be at 78.00...
The USD/JPY pair had a slightly bullish session on Thursday as we had suspected consolidation to be the next move. So far, this is coming true. However, we still feel that the real risks could be to...
The Retail Sales in the UK were significantly worse than expected in April.
