USDJPY is facing 76.29 support, a breakdown below this level could signal resumption of downtrend from 85.51, then next target would be at 73.00 area. Initial resistance is at 77.20, a break above this level could bring...
USD/JPY had a back and forth day on Thursday as traders tested the lows again, but backed off as fear of intervention certainly must come into play every time we get close to the lows. The 77...
The pair is still under pressure threatening its yearly low at 76,30 which offered a great support lately. A break below this level would expose further significant decline.
The US Dollar Index flat due to stabile trading witnessed in most of the equity bourses across the world. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index (DX) and the...
The US Dollar Index appreciates on the event of sell of seen in the equity bourses across the world. The Dollar Index is heading towards the support of 73.40-74.00 ranges; historic correlation between the Dollar Index (DX)...
The pair is now back under pressure threatening its yearly low at 76,40. A break below this level would expose further significant decline.
Demand for save-heaven currencies remains high.
The USD/JPY pair managed to pierce the 77 level during Asian trading, but fears of an intervention took over the psyche of the markets as traders would not push the BoJ any harder.
The US Dollar fell on the event of most of the asset classes finding stability at the lower ranges; most of the equity bourses find support at the week lows. The Dollar Index is heading towards the...
The pair has come back to its value from before the BoJ intervention which didn’t have the impact expected as often.
