USD/JPY analysis (July 05 2011)
The pair is still consolidating above the key 80,00 level. A material base seems to be in place and a break above 81,30 would expose next resistance at 82,00.
Tag: USDJPY
Forex Metal Weekly Newsletter
Market review for 27.06 – 01.07, 2011 Previous trading week saw strengthening of the euro and other high-risk currencies. Monday,
4th July, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXU11) traded mixed wherein the USD has depreciated against most of the FX majors where as the USD has traded flat against the Japanese Yen and depreciated against the Swiss Franc.Key equity index, Dow...
USD/JPY analysis (July 02nd 2011)
The pair is consolidating since the beginning of June and the bounce on top of 80,00 become critical support.
USDJPY Analysis – July 2, 2011
USDJPY traded in a range between 79.58 and 82.22 for several weeks. The price action in the range is treated as consolidation of downtrend from 85.51. Another fall to 78.00 would likely be seen after consolidation, and...
USD/JPY analysis (July 01st 2011)
The setup is being contructive on the USD/JPY with a possible material base on top of the 80,00 support. We still need though to see the market establish above 81,00 for an acceleration to the upside.
USD/JPY Technical Analysis for July 1, 2011
The USD/JPY pair fell hard on Thursday, and looked ready to test the 80 level. However, it found footing before we got there, and the day’s candle is forming a hammer-like candlestick. This shows that the pair...
1st July, 2011 – Daily Forex Report by GFM Research
The Dollar Index (DXU11) depreciates for the straight fourth trading session to trade below the critical support of 74.70 on the event of recovery witnessed in the key equity index of the Dow Jones Industrials (DJIA). The...
Forex-Metal Daily Analysis -30/06/2011
Greek parliament approves of the austerity measures.
Daily Market & Forex Review for June 30, 2011 by SolidityBrokers.com
Wall Street closed in green territory as Greece approved debt-reduction measures. The market has been rallying, in theory at least, on Greece getting financial aid and trying to work its way out of the debt rash that...