Forex-Metal Daily Analysis -23/02/2012
The yen weakened against the U.S. dollar. The USD/JPY pair grew to Y80.37 level. Asian and European trading sessions:
Tag: USDJPY
USD/JPY Forecast February 23, 2012, Technical Analysis
USD/JPY broke through the 80 level on Wednesday as the barrier finally gave way. The daily close is above the level, so this looks as if it is a serious attempt to break out and away from...
23rd February, 2012 – Daily Forex Report by GFM Research
With the Dow Jones Industrials (.DJIA) unable to sustain above 13000 mark, the Dollar Index may trade sideways between 78.60 and 79.85. Though the major trend of the Greenback is bearish, it may trade sideways some time.The...
Forex-Metal Daily Analysis -22/02/2012
The market reacted positively on the decision of providing assistance to Greece. Market review for 21.02.12: The market reacted positively on the decision of providing assistance to Greece.
USD/JPY Forecast February 22, 2012, Technical Analysis
The USD/JPY continued to grind away just under the all-important 80 level on Tuesday as traders try to challenge one of the most obvious points of resistance on any chart in the Forex markets presently. The move...
22nd February, 2012 – Daily Forex Report by GFM Research
With the Dow Jones Industrials (.DJIA) unable to sustain above 13000 mark, the Dollar Index may trade sideways between 78.60 and 79.85. Though the major trend of the Greenback is bearish, it may trade sideways for couple...
21st February, 2012 – Daily Forex Report by GFM Research
The Dollar Index resumes bearish trend after hitting short-term resistance of 80.20 to currently trade at 79.00; daily close below 78.30 may drag the Greenback further lower. The benchmark equity index of the Dow Jones Industrials is...
Forex Metal Weekly Newsletter
Market review for 13 – 17.02, 2012
USD/JPY Forecast February 20, 2012, Technical Analysis
The USD/JPY pair continued to shoot straight up during the Friday session as the Yen is starting to become parabolic in this move. The Bank of Japan has announced an escalation of bond buying, and as a...
USDJPY Analysis – February 19, 2012
USDJPY breaks above 79.52 resistance, suggesting that the sideways movement in a range between 75.57 and 79.52 has completed. Further rise is expected after a minor consolidation, and next target would be at 82.00 area. Support is...