Being supported by 75.57 previous low, USDJPY rebounded strongly from 76.02. Further rise to test 79.52 resistance is still possible after consolidation, as long as this level holds, lengthier sideways movement between 75.57 and 79.52 could be...
USD/JPY rose on strong buying during the Thursday session as the Greek announcement of a potential deal continues to give the “risk on” traders a bit of a boost.
The market participants were expected the resolution of Greece problem.
USD/JPY continues to grind higher on Wednesday as the market takes the recent admission of the Bank of Japan to intervening in the markets recently. The 77 handle is resistive and in the middle of recent consolidation,...
The US Dollar Index is approaching critical support of 78.20 and the key equity index of the Dow Jones Industrials is trading at the last year highs of 12900 ranges; DJIA Vs DX correlation suggests a word...
The Euro boosted on rumors of early agreement between Greece authorities and
The Tuesday session saw strength in the USD/JPY pair as the Monday shooting star was overtaken by the bulls. However, the 77 handle is an area that saw significant support previously, and resistance would be somewhat expected.
The US Dollar continues down trend after trading sideways for couple of trading sessions on the event of stronger asset classes especially the benchmark equity index of the Dow Industrials. Though DJIA is entering supply zone of...
The expectations of possible default in Greece are growing.
USD/JPY rose for the session, but gave up almost all of the gains by the time the session ended on Monday. The 77 level proved as strong resistance, and this shouldn’t have been a surprise as both...
