USD/JPY fell for the first part of the session on Tuesday, only to bounce hard and end the session slightly positive. In fact, the daily candle looks like a hammer, and even suggests that higher levels are...
The big sell-off day for stock markets. The US Dollar and the Yen strengthened.
USD/JPY rose during the Monday session as the Dollar caught a bid against almost everything in the markets. The pair continues to have massive pressure on it though, and as long as the 80 level still seems...
Market review for 5 – 9.12, 2011
High volatility was witnessed in the FX market during last week on the event of low volumes and Global economic uncertainity . Major trend is range bound between 73.40 and 81.20 where as the medium trend is...
USDJPY is forming a sideways consolidation in a range between 75.57 and 79.52. Lengthier consolidation in the range could be expected to continue, and another rise towards 79.52 would likely be seen in a couple of weeks.
USD/JPY fell during most of the session on Thursday, only to bounce again in the end. The rumors are flying out of the EU and the markets are rocking back and forth because of this.
The Euro gained amid expectations that Europe will expand the fund for assistance
USD/JPY had a fairly quiet day, albeit negative on Wednesday. The pair continues to grind lower every time it rises, and this latest sequence of trading days does nothing to suggest this will change anytime soon.
The Dollar Index (December basis) is trading flat with 77.80 acting as important support on the event of flat to weaker trading in most of the asset classes especially the benchmark equity index of the Dow Industrials....
