Forex-Metal Daily Analysis – 07/12/2011
Market participants’ expectations for upcoming EU economic summit supported the Euro.
Tag: USDJPY
USD/JPY Forecast Dec. 7th, 2011, Technical Analysis
USD/JPY had a negative session on Tuesday as traders continue to fade rallies in this pair. The 78 level continues to show itself to be resistive, as even the interventions can’t overcome it for any real length...
USD/JPY Forecast Dec. 6th, 2011, Technical Analysis
USD/JPY fell during the Monday session as the 78.00 level acted as a massive resistance barrier to the pair. The pair has been decidedly bearish as of late, and unless the Bank of Japan is intervening, this...
6th December, 2011 – Daily Forex Report by GFM Research
The Dollar Index (December basis) is trading flat with 78.00 acting as important support on the event of flat to weaker trading in most of the asset classes. Major trend is range bound between 73.40 and 81.20...
Forex Metal Weekly Newsletter
Market review for 28.11 – 2.12, 2011
5th December, 2011 – Daily Forex Report by GFM Research
On Friday the Dollar Index traded weak for most part of the European session but mild weakness in the benchmark equity index of Dow Jones resulted in the Greenback surge. Major trend is range bound between 73.40...
USDJPY Analysis – December 3, 2011
USDJPY continued its sideways movement in a range between 75.57 and 79.52. Another fall towards 75.57 previous low would likely be seen over the next several weeks.
USD/JPY Forecast December 5th, 2011, Technical Analysis
The USD/JPY pair got a boost on Friday as traders continue to buy the Dollar against the Yen at the moment. However, there is a ton of selling in this pair overall and the 0.8000 level is...
USD/JPY Forecast Dec. 2nd, 2011, Technical Analysis
The USD/JPY had a fairly quiet day on Thursday as traders pared volume ahead of the Non-Farm Payroll reports later today. The US job market will certainly have an effect on the rate in each currency, but...
2nd December, 2011 – Daily Forex Report by GFM Research
The Dollar Index again take resistance in the ranges of 79.50 to currently trade at 78.30 resulting in major rally in most of the asset classes especially the benchmark equity index of the Dow Jones Industrials. Major...