USD/JPY Forecast May 24, 2012, Technical Analysis
The USD/JPY pair fell during most of the Wednesday session as the risk appetite around the world fell off of a cliff. Also, the Bank of Japan failed to add to their easing at the meeting for...
Tag: USDJPY
USD/JPY Price May 23, 2012, Technical
The USD/JPY pair had a bullish day on Tuesday as the world awaits the result of the Bank of Japan’s meeting. The pair slammed into the 80 level again, and there were plenty of offers there to...
Forex-Metal Daily Analysis -22/05/2012
The “G8” leaders agreed to continue taking measures to strengthen the
USD/JPY Forecast May 22, 2012, Technical Analysis
The USD/JPY pair rose during the Monday session as the 61.8 Fibonacci level offered support. The 79 handle is also there, and this was probably part of the reason as well. The market had been sold off...
USD/JPY Forecast May 21, 2012, Technical Analysis
The USD/JPY pair continued to fall on the Friday session as the Yen strengthened again. The market is openly speculating that the Bank of Japan will do little to ease next week, and as a result the...
USDJPY Analysis – May 19, 2012
USDJPY’s downward movement extends to as low as 78.99. Resistance is now at the downtrend line on daily chart, as long as the trend line resistance holds, downtrend could be expected to continue and next target would...
USD/JPY Forecast May 18, 2012, Technical Analysis
The USD/JPY pair broke hard to the downside on Thursday as the market entered into the “safe haven” mode yet again. The issues in Europe have the markets nervous at best, and rumors during the session that...
Forex-Metal Daily Analysis -17/05/2012
Technical analysis for 17/05
Is There a Sell-Off Coming in the Yen?
For weeks the forex markets have been focused on the plight of the euro and the economies in the Eurozone. The bears were perplexed, as the euro versus the USD, continued to find support around the 1.30...
USD/JPY Forecast May 17, 2012, Technical Analysis
The USD/JPY pair rose during most of the session on Wednesday as the pair continues to find support in the 80 “area”. However, the daily candle looks like a shooting star, and as a result it looks...