The USD/JPY initially rose during the Wednesday session, but by the end of the session the pair had fallen back down to form a shooting star. The bearish candle could signal a retrace coming, but the fact...
Technical analysis for 21/03 EURUSD The pair is aiming to 1.33143. Resistance: 1.33143, 1.34882, 1.35984 Support: 1.31674, 1.30277, 1.28630
The Dollar Index fall for second consecutive day after entering historic congestion zone of 80.50-81.20. Unusual correlation is observed between the benchmark equity index of the Dow Jones Industrials and the Dollar Index during the past couple...
The USD/JPY pair rose during the Tuesday session to break the top of the hammer that the pair formed on Monday. The signal was bullish, and as a result more traders came into the market. The range...
The statements of German Chancellor, Ms. Angela Merkel provided support for the Euro currency.
USD/JPY fell for most of the session on Monday, but bounced during the day as the 82 handle held as support. The 50, 100, and 200 day EMAs all point higher, and the market has also cleared...
Market review for 12 – 16.03, 2012
The USD/JPY pair continued to stall at current levels during the Friday session, even as the market looks fairly parabolic. The pair continues to get a boost from the Bank of Japan and its bond buyback program...
USDJPY’s upward movement extended to as high as 84.17. Further rise to test 85.51 (Apr 6, 2011 high) resistance could be expected next week. Support is at 82.50, only breakdown below this level could signal completion of...
If you have been watching our videos, you know that we are already long of this pair. The Thursday action was a bit weak, but after the move upwards, this pullback is minor at best. The Bank...
