Forex-Metal Daily Analysis -24/04/2012
The US dollar became more expensive amid the upcoming meeting of the
Tag: USDJPY
USD/JPY Forecast April 24, 2012 Technical Analysis
The USD/JPY pair fell during the Monday session in order to test the 81 handle. The pair has been breaking out of a longer-term downtrend over the last few months, and as long as the 80 level...
USD/JPY Forecast April 23, 2012, Technical Analysis
The USD/JPY pair fell slightly for the session on Friday as the Dollar got hit all around. The Japanese are still printing Yen, and the pullback of this pair wouldn’t be a big surprise as the USD...
USDJPY Analysis – April 21, 2012
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 next week, and next target would be...
USD/JPY Forecast April 20, 2012, Technical Analysis
The USD/JPY pair rose during the Thursday session as the uptrend continues to push the pair higher. The candle has broken above the shooting star shaped candle on Wednesday, and this looks like a breach of minor...
Forex-Metal Daily Analysis -19/04/2012
Technical analysis for 19/04
USD/JPY Forecast April 19, 2012, Technical Analysis
The USD/JPY pair rose during the session on Wednesday as the market broke above the 81 handle. The recent bounce has been from just above the 50% Fibonacci level, which is just above the 80 handle itself.
USD/JPY Forecast April 18, 2012, Technical Analysis
The USD/JPY pair rose for the session as the 80 level is perhaps influencing the market from just below. The 80 handle is without a doubt the most important level in the immediate area, and as long...
USD/JPY Forecast April 17, 2012, Technical Analysis
The USD/JPY pair fell during the Monday session as the Dollar got beaten up overall. However, the pair is starting to come close to several areas that could offer quite a bit of support, and as a...
USD/JPY Forecast April 16, 2012, Technical Analysis
The USD/JPY pair fell slightly for the session on Friday as the “risk off” attitudes hit the markets in general again. The Chinese GDP numbers came out a bit light, and as a result many traders got...