The US Dollar traded strong for most of the day; though it has trade strong though the Asian and European trading sessions, profit booking was witnessed during the American trading session on the event of the smart...
The picture has now changed on the pair with the clear break below 80,00 and even 79,50 (may low). We are now bearish as long as 80,00 is resistance.
The US Dollar Index appreciated for fourth consecutive day on the event of on the event of profit taking in the key equity index of the Dow Jones Industrials (DJIA). The USD has appreciated homogeneously against all...
The pair didn’t take advantage of the US Dollar strengh mainly driven by the Euro. On the contrary, the USD/JPY has been falling back towards the 80,00 critical level.
The US Dollar Index on the event of profit taking in the key equity index of the Dow Jones Industrials (DJIA). The US Dollar has traded mixed wherein it has appreciated against the Euro and the Aussie...
The pair is now back under pressure and we see additional weakness going forward. Technically, the roll-over from 81,50 combined with overbought studies are pointing to a new test of 80,00 critical level.
USDJPY might be forming a cycle top at 81.47 on daily chart. Deeper decline to test 79.57 key support would likely be seen next week, a breakdown below this level will indicate that the downtrend from 85.51...
Wall Street closed in green territory, as encouraging data on jobs and retail sales suggested the economy was riding out a recent rough period. The Dow Jones Industrial Average finished 93.47 points higher at 12,719.49, notching a...
USD/JPY rose on Thursday, sending the pair over the 81 mark on the close. The pair still looks very tight, and such doesn’t offer much in the way of volatility these days. Until we can break above...
The pair has been showing some strengh as of late but it was short-live once again. We used to see a lack of follow through on the Yen for quite some time which makes this currency difficult...
