The USD/JPY pair rose during the Tuesday session as the Dollar gained against almost all currencies. The pair has been sitting at the 80 handle for several sessions now, and it looks as if the level could...
The dollar rose on fears of aggravating the situation in Europe.
The USD/JPY pair struggled during the Monday session as the 80 handle continues to cause massive reactions in the pair. The level was the site of a large breakout back at the start of 2012, and the...
Market review for 7 – 11.05, 2012
The USD/JPY pair continued to grind sideways on Friday as the support area in 80 handle looks solid. The 200 exponential moving average is currently just below the price action, and this will bring in the trend...
The US Dollar traded flat on the event of most of the asset classes, especially the benchmark equity index of the Dow Jones Industrials trading flat. The Dollar Index is trading range bound between 80.65 and 78.60,...
USDJPY stays within a downward price channel on daily chart, and remains in downtrend from 84.17. Resistance is located at the upper border of the channel, as long as the channel resistance holds, downtrend could be expected...
On the event of weaker asset classes, the US Dollar has as strengthened against most of the FX pairs. The Dollar Index is trading range bound between 80.65 and 78.60, either side breakout would establish trend.
The USD/JPY pair rose during the Thursday session as the 200 day exponential moving average acted in a supportive manner. The pair has been one that has been capturing much of the attention lately as it is...
Markets are continuing to assimilate the consequences of the recent European elections, and the wall of worry confronting investors has not diminished.
