USD/JPY Technical Analysis October 18, 2011
USD/JPY continues to hover in its tight range as traders are taking advantage of extremely low volatility in the market. The Bank of Japan is willing to step into the market on the buy side if the...
Tag: USDJPY
Forex-Metal Daily Analysis – 18/10/2011
Europe may need more time to solve the problem of sovereign debt.
18th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index ended its loosing streak after hitting major support zone of 76.00-76.50 resulting in correction in the benchmark equity index of DJIA. Though 76.00 ranges are expected to again act important support in medium term;...
Forex Metal Weekly Newsletter
Market review for 10 – 14. 10, 2011 Previous trading week demonstrated a considerable strengthening of the euro. One of the reasons for this rally on the first day of the week was based on the fact...
USD/JPY Technical Analysis October 17, 2011
The USD/JPY pair had another positive day on Friday, as traders decided to take on massive amounts of risk for the weekend. This was led by the belief that the G20 would produce some kind of solution...
USDJPY Analysis – October 15, 2011
USDJPY stays in a trading range between 75.96 and 77.85 for several weeks. As long as 77.85 resistance holds, the price action in the range is treated as consolidation of downtrend from 85.51, and another fall towards...
Forex-Metal Daily Analysis – 14/10/2011
The US Dollar and the Yen strengthened against major currencies amid growing demand for safe-haven assets. Asian and European trading sessions: Euro: After the yesterday’s rapid growth associated with the fact that Slovak political parties agreed to...
14th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index flat amidst flat trading session witnessed in most of the asset classes especially the benchmark equity index of DJIA; the short-term trend is still weak till the Dollar Index does not close above 78.50...
USD/JPY Technical Analysis October 13, 2011
The USD/JPY shot straight up during the Wednesday session as traders got enthusiastic about the rallying stocks markets. The Bank of Japan is threatening intervention any time this pair falls too much, so buying has been the...
13th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued loosing streak on the event of stronger asset classes especially the equity bourses; the short-term trend is still weak till the Dollar Index does not close above 78.50 on daily basis. Though 76.00...