USD/JPY Technical Analysis October 28, 2011
The USD/JPY had another down day on Thursday, but bounced yet again around the 75.50 area. The pair looks like it is trying to base at this area. The pair looks like it is trying as hard...
Tag: USDJPY
28th October, 2011 – Daily Forex Report by GFM Research
The US Dollar tumbles on the event of Greece bailout by the European Union. The Dollar Index closed below 76.00 to enter historic congestion zone of 74.50-73.40 ranges. Consistent close below 73.00 would reinitiated long-term USD bearishness.The...
Forex-Metal Daily Analysis – 27/10/2011
The yen renewed its historical maximum against the US dollar.
USD/JPY Technical Analysis October 27, 2011
USD/JPY fell on Wednesday, and then bounced in the US afternoon. As a result, we have a hammer for the day – the second one in a row. There is talk of possible intervention in the pair...
27th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index is trading in very important support zone of 75.30-76.00; weekly close below 75.00 would reinitiate long-term dollar bearishness. Though 76.00 ranges are expected to again act important support in short term; historic resistance in...
USD/JPY Technical Analysis October 26, 2011
USD/JPY fell on Tuesday, but bounced later in the session to form a hammer for the day. The Bank of Japan has been jawboning this pair quite a bit over the last couple of days, and many...
Forex-Metal Daily Analysis – 26/10/2011
The upcoming EU summit is in focus.
Forex-Metal Daily Analysis – 25/10/2011
The EC Summit is in the focus of the market. Asian and European trading sessions: Euro: During the Asian trading session the euro continued rising against the US dollar against the background of European leaders’ promises that...
USD/JPY Technical Analysis October 25, 2011
The USD/JPY pair fell again on Monday, as the Dollar got hit against all major currencies. However, the Bank of Japan has been very vocal over the last 24 hours about “speculative” moves in the Yen, and...
25th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index is approaching important support zone of 75.40-76.00, consistent close below 75.00 would resume long-term bearishness in the USD. Though 76.00 ranges are expected to again act important support in short term; historic resistance in...