Forex-Metal Daily Analysis – 07/09/2011
Franc dropped after the announcement of the National bank of Switzerland.
Tag: USDJPY
USD/JPY Technical Analysis September 7, 2011
USD/JPY rose rapidly on Tuesday as traders bought the USD across the board. The central bank of Japan certainly is happy about this move, and will not stand in the way of a weakening Yen, something they...
Forex-Metal Daily Analysis – 06/09/2011
US dollar strengthens.
Forex Metal Weekly Newsletter
Market review for 29.08 – 2.09, 2011 After the diverse trading dynamics, by the end of the previous week the greenback reinstated its safe-haven status.
USD/JPY Analysis (September 6)
The pair continues to trade flat above its historical low (76,00) and does not seem ready to start a meaningful bounce.
USD/JPY Technical Analysis September 5, 2011
USD/JPY fell initially on Friday, and retested the 76.50 area. This area is becoming more and more interesting to us as it looks like a floor for this pair at the moment. With Bank of Japan intervening...
USDJPY Analysis – September 3, 2011
USDJPY remains in downtrend from 85.51, the price action from 76.29 is likely consolidation of downtrend. Another rise is expected next week, and target would be at 79.00 zone. Key support is at 75.96, only break below...
USD/JPY Analysis (September 2)
The pair continues to trade flat just above its historical low (76,00). A material might be in place but we now need to see a break above 77,70 (recent high) to confirm a bullish reversal.
USD/JPY Technical Analysis September 2, 2011
The USD/JPY pair rose quite a bit on Thursday, but only to fall again in later trading. The 77 level is now turning into significant resistance at this point, and should keep a bit of a cap...
USD/JPY Analysis (September 1)
The pair continues to trade flat just above its historical low (76,00). A material might be in place but we now need to see a break above 78,00 to confirm a bullish reversal.