Forex-Metal Daily Analysis – 09/08/2011
S&P downgrades the US credit rating.
Tag: USDJPY
USD/JPY Technical Analysis August 9, 2011
USD/JPY fell again on Monday, as traders sold off everything risk related. In fact, the Dow fell over 600 points, and as such – the “risk off” trade came into play.
9th August, 2011 – Daily Forex Report by GFM Research
The US Dollar traded mixed amidst huge sell in most of the asset classes especially in the equities across the world; the Dow has lost about 1000 points during the week. Equities across the world sold off...
USD/JPY Analysis (August 9)
The effect of the BoJ intervention was short-lived with the pair stalling out ahead of its key 80,00 level and now back under pressure.
Forex Metal Weekly Newsletter
Market review for 1 – 5.08, 2011
USD/JPY Analysis (August 7)
As often, the effect of the BoJ intervention was short-lived with the pair stalling out ahead of its key 80,00 level.
USD/JPY Technical Analysis for the Week of August 8, 2011
The USD/JPY pair saw intervention by the Bank of Japan this past week, but quickly gave up a lot of the gains from that action.
USD/JPY Technical Analysis August 8, 2011
The USD/JPY pair fell on Friday as traders sold the Dollar off in the US session. The pair is decidedly bearish, but let us not forget that the Bank of Japan intervened recently.
USDJPY Analysis – August 6, 2011
After touching 76.40 previous low, USDJPY rebound strongly from 76.29, suggesting that a cycle bottom has been formed on daily chart. Range trading between 76.29 and 80.23 would likely be seen in a couple of weeks.
5th August, 2011 – Daily Forex Report by GFM Research
The US Dollar traded mixed amidst huge sell in most of the asset classes; after the intervention in the Swiss Franc, BoJ has intervened to weaken the Japanese Yen. The Dollar Index again took support in the...