USDJPY Analysis – April 14, 2012
USDJPY’s downward movement from 84.17 extends to as low as 80.58. Deeper decline would likely be seen next week and next target would be at 80.00 area. Resistance is at 82.00, only break above this level could...
Tag: USDJPY
USD/JPY Forecast April 13, 2012, Technical Analysis
The USD/JPY pair fell for the session on the day Thursday. The 80 handle below should continue to remain supportive, and we think that selling it is going to be hard to do until we get below...
Forex-Metal Daily Analysis -12/04/2012
A decrease in the yield of Spanish and Italian government bonds provided support for the Euro currency.
USD/JPY Forecast April 12, 2012, Technical Analysis
The USD/JPY pair rose during the Wednesday session as the markets tried to bounce from the serious fall on Tuesday. The area that the pair is trading in at the moment is an area that has quite...
Forex-Metal Daily Analysis -11/04/2012
The Federal Reserve Chairman, Mr. Ben Bernanke said that the U.S. recovery was far from being complete. Asian and European trading sessions:
USD/JPY Forecast April 11, 2012, Technical Analysis
The USD/JPY pair fell off of a cliff on the Tuesday session as traders ran into the safety of the Yen. The bullish thesis that we have had over the last several weeks has been beaten down,...
USD/JPY Forecast April 10, 2012, Technical Analysis
The USD/JPY pair rose during the Monday session as the bottom of the recent down trending channel has held as support. Also, the 81 handle came into play, and it appears that the pair is still finding...
April 09, 2012 – Forex Daily Report by GFM Research
The Dollar Index is currently range bound between 81.00 and 78.70. Major constituent of the Dollar Index basket, the Euro is trading sideways with bearish undertone, resulting in correction in most of the asset classes, especially the...
USD/JPY Forecast April 9, 2012, Technical Analysis
The USD/JPY fell hard on Friday as the Non-Farm Payroll numbers came out weaker than expected. The miss was a total of 80,000 fewer jobs added in America than the 200,000 or so expect.
USDJPY Analysis – April 7, 2012
USDJPY’s fall from 84.17 extends to as low as 81.32. Further decline is still possible next week, and next target would be at 80.00 area. Resistance is at 82.70, as long as this level holds, the downward...